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Bitauto Announces Receipt Of Preliminary Non-Binding "Going Private" Proposal
Nio Announces $200 Million Private Placement Of Convertible Notes
TransPerfect And Tencent Announce Cloud Partnership And GlobalLink Technology Agreement
Tencent Holdings Limited is an investment holding company principally involved in the provision of value-added services (VAS) and online advertising services. The Company operates through three main segments. The VAS segment is mainly involved in provision of online/mobile games, community value-added services and applications across various Internet and mobile platforms. The Online Advertising segment is mainly engaged in display based and performance based advertisements. The Others segment is mainly involved in provision of payment related services, cloud services and other services.
Zhongqu First Road, Hi-tech Park
Executive Chairman of the Board, Chief Executive Officer
Chi Ping Lau
President, Executive Director
Shek Hon Lo
Chief Financial Officer, Senior Vice President
Chief Operating Officer and President - Interactive Entertainment Group and Mobile Internet Group
Seng Yee Lau
Senior Executive Vice President, President - Online Media Group
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Tencent Holdings Ltd <0700.HK> and private equity partner Hammer Capital have offered $16 per share to buy out the other shareholders in Chinese car comparison website Bitauto Holdings Ltd <BITA.N>, valuing the company at just under $1.2 billion.
Bitauto Holdings Ltd said on Friday it has received a buyout proposal from Tencent Holdings Ltd and Hammer Capital for shares they don't own in the Chinese online marketer.
Shares in the spin-off of South African e-commerce group Naspers surged more than 25% in the first minutes of their market debut in Amsterdam on Wednesday.
South African e-commerce group Naspers <NPNJn.J> is listing its international internet assets, including its 31% stake in China's Tencent <0700.HK>, in Amsterdam on Wednesday under the name of Prosus.
South African e-commerce group Naspers is listing its global empire of consumer internet assets under the name of Prosus on Wednesday - and the jewel in the crown is a 31% stake in Chinese tech titan Tencent.
South African e-commerce group Naspers is listing its international internet assets, including its 31% stake in China's Tencent, in Amsterdam on Wednesday under the name of Prosus.
* Loans: Tech giant takes advantage of strong liquidity to complete US$6.5bn financing
Tencent <0700.HK> has shelved plans to invest about $150 million to lead a fresh fundraising round for Chinese education firm VIPKid, two people with knowledge of the matter said, as Beijing tightens oversight of online education platforms.
* Tencent's decision sparked by Beijing's new regulations -source
Prosus, the technology holding firm being carved out of South Africa's Naspers Ltd <NPNJn.J>, registered a 31% rise in second quarter profit to $1.40 billion, thanks to its stake in China's Tencent <0700.HK>, its prospectus showed on Monday.
Tencent Holdings <0700.HK> on Monday unveiled a version of its popular social media app WeChat tailor-made for drivers with state-backed Chinese carmaker China Chang'an Automobile Group, marking a further foray into transportation solutions.
China's Tencent Holdings <0700.HK>, the world's largest gaming company by revenue, warned on Wednesday of a difficult economic environment even as it reported a better-than-expected 35% jump in quarterly profit.
Tencent Holdings on Wednesday posted a better-than-expected 35% rise in quarterly net profit, as its gaming arm regained growth momentum on a thaw in new approvals by China after a freeze for most of last year.
China's top technology, e-commerce and consumer electronic firms are set to report a sharp slowdown in revenue growth for the June quarter, as a bruising trade war with the United States weighed on the Chinese economy and hurt consumer spending.
China's Tencent Music Entertainment Group <TME.N> on Monday missed quarterly revenue estimates as it reported the slowest increase in a widely-watched metric for growth since its debut, sending the shares of media streaming company down 4%.
China's Tencent Music Entertainment Group missed Wall Street estimates for quarterly revenue on Monday, sending shares of the music streaming company down 11% in extended trading.
The following table lists examples of Latin American unicorns: Company Country Industry Valuation Main ($ investors billions) PagSeguro Brazil Fintech 14.5* UOL, fundos do BTG Pactual StoneCo Brazil Fintech 9.9* Ant Financial, Berkshire Hathaway, Madrone Capital Partners...
China's Tencent Holdings Ltd <0700.HK> is in talks to buy up to 20% of Universal Music Group (UMG) from Vivendi SA <VIV.PA>, valuing the music label of Lady Gaga, Ariana Grande and the Beatles at around 30 billion euros ($34 billion), as both firms look to expand in a recovering...
French media conglomerate Vivendi said it had started talks with Tencent Holdings to sell an initial 10% stake in its Universal Music Group (UMG) division.
China's Tencent Holdings is scouting for partners in South Korea and Southeast Asia to offer cloud-based games, after entering the Japanese market last month.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.