tencent

Tencent Holdings Limited is a Chinese multinational conglomerate holding company founded in 1998, whose subsidiaries specialise in various Internet-related services and products, entertainment, artificial intelligence and technology both in China and globally.

Source: tencent.com

Tencent Invests In Argentinian Mobile Banking Startup
Tencent Invests In Argentinian Mobile Banking Startup
April 23, 2019  |  Investments

Chinese technology conglomerate Tencent has invested in Argentinian mobile banking startup Uala, according to a report from Reuters. Point72 Ventures and George Soros have also...

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Senator Warns Tech Breakup Opens Door To China
Senator Warns Tech Breakup Opens Door To China
April 10, 2019  |  Regulation

Sen. Mark Warner believes that breaking up big tech companies like Facebook and Google could make way for competition from overseas. Last month, U.S. Senator Elizabeth...

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Hyundai Denies Link-Up With Tencent For Self-Driving Software
Hyundai Denies Link-Up With Tencent For Self-Driving Software
April 08, 2019  |  Partnerships / Acquisitions

Hyundai Motor said late last weekend that it has not inked a deal with Tencent, the Chinese tech firm, to create software for self-driving cars....

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Tencent Buys Stake In Chinese eCommerce Co Youzan
Tencent Buys Stake In Chinese eCommerce Co Youzan
April 04, 2019  |  Investments

Tencent Holdings is buying over 1 billion shares of Hong Kong-listed eCommerce platform Youzan. According to DealStreetAsia, the deal will give Tencent a 6.7 percent...

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Tencent, Alibaba Team To Create $1.45B Car-Sharing Service
Tencent, Alibaba Team To Create $1.45B Car-Sharing Service
March 27, 2019  |  Partnerships / Acquisitions

Another startup has appeared to challenge Didi in China, and this one has backing by some of the biggest financial names in the industry. TechCrunch...

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Naspers To Create, List New Internet Company To House Tencent Stake
Naspers To Create, List New Internet Company To House Tencent Stake
March 25, 2019  |  Investments

Naspers, the South African company, is gearing up to spin off and list its Amsterdam internet assets in a new group that will include all of...

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Merchants Using WeChat Pay Grew 80 Pct YOY In Q4
Merchants Using WeChat Pay Grew 80 Pct YOY In Q4
March 22, 2019  |  Earnings

While China’s Tencent reported lower-than-expected net profits in its fourth quarter earnings, some of its emerging businesses have seen significant growth. The company revealed that its Q4...

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Breach Exposes Millions Of Chinese Chat Logs
Breach Exposes Millions Of Chinese Chat Logs
March 05, 2019  |  Security & Fraud

A security researcher has discovered that hundreds of millions of private chat logs from Chinese users were exposed on the internet. Victor Gevers of cybersecurity...

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Ant, Tencent, Xiaomi Seek Hong Kong Digital Banking Licenses
Ant, Tencent, Xiaomi Seek Hong Kong Digital Banking Licenses
February 22, 2019  |  Digital Banking

As Hong Kong gears up to roll out digital banking licenses, a few of the largest banks in the world are set to compete with...

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