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Tencent

Chinese internet conglomerate

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Tencent: Chinese internet conglomerate
Tencent Holdings Ltd, also known as Tencent, is a Chinese multinational technology conglomerate holding company. Founded in 1998, its subsidiaries globally market various Internet-related services and products, including in entertainment, artificial intelligence, and other technology. Its twin-skyscraper headquarters, Tencent Seafront Towers are based in the Nanshan District of Shenzhen.

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Tencent profit up on strong games demand [Video]

Tencent profit up on strong games demand

Chinese gaming and social media giant Tencent Holdings Ltd said second-quarter net profit rose 37%, beating market estimates, on higher demand for its video games as coronavirus put a dent in other..

Credit: Reuters Studio     Duration: 01:20Published
US Stocks Close Mixed [Video]

US Stocks Close Mixed

Reuters US equities closed mixed on Friday as traders weighed escalating US-China tensions against rosy labor-market data. President Donald Trump issued executive orders Thursday afternoon targeting..

Credit: Wochit News     Duration: 00:33Published
Trump orders bans on China's TikTok, WeChat [Video]

Trump orders bans on China's TikTok, WeChat

U.S. President Donald Trump on Thursday unveiled sweeping bans on Chinese-owned apps TikTok and WeChat in a major escalation of tensions with Beijing. Gloria Tso reports.N

Credit: Reuters - Politics     Duration: 02:06Published
World stocks end four-day winning streak [Video]

World stocks end four-day winning streak

World stocks ended four days of gains on Friday after U.S. President Donald Trump cranked up simmering tensions with China by banning U.S. transactions with two popular Chinese apps, Tencent's WeChat..

Credit: Reuters Studio     Duration: 01:25Published

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Trump's WeChat ban could take bite out of Apple

The ban on Tencent's messaging app could end up being be more damaging to the US iPhone maker.
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What is Tencent?

The Chinese firm's investments include Fortnite, Tesla and Universal Music - but it's under fire in the US.
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Burberry and Tencent team up for concept stores

The luxury British retailer and China's tech giant have joined forces amid growing national tensions.
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Tencent raises $6 billion in largest Asian corporate debt deal this year

Tencent Holdings Ltd has raised $6 billion in debt, the Chinese technology company said on Thursday, in the largest debt deal by an Asian corporate in 2020.
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China seeks help of national tech giants to track coronavirus with QR codes

China's government is enlisting the help of Alibaba Group Holding Ltd and Tencent Holdings Ltd to expand color-based systems for tracking individuals affected with the coronavirus nationwide.
Reuters - Published

Tencent extends holiday for China employees till Feb. 9

Chinese gaming giant Tencent Holdings said on Wednesday it will extend the Lunar New Year break for mainland China employees to Feb. 9, and will no longer require them to work from home from Feb. 3..
Reuters - Published

In bid to curb virus, China firms tell staff to work from home even after holidays end

Chinese corporate giants including Alibaba Group Holding and Tencent Holdings Ltd said they have asked staff to work from home for one week after an extended Lunar New Year break ends, seeking to limit..
Reuters - Published

China's Tencent asks staff to work from home until February 7 due to virus

Chinese gaming giant Tencent Holdings Ltd has requested staff to work from home until Feb. 7 to protect employees from the spread of the coronavirus, the company confirmed on Monday.
Reuters - Published

NBA fans in China seek refund from Tencent as streaming suspended

Some Chinese National Basketball Association (NBA) fans have asked for streaming subscription refunds from exclusive service provider Tencent amid a deepening free speech row, a move that could cause..
Reuters - Published

Tencent launches WeChat for drivers

Tencent Holdings 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..
Reuters - Published

Tencent sorry for Typhoon Lekima deaths blunder

China's largest video-streaming platform wrongly said a typhoon had killed around 99 million people.
BBC News - Published

China's Tencent talking to Vivendi about stake in Lady Gaga's label

China's Tencent Holdings Ltd is in talks to buy up to 20% of Universal Music Group (UMG) from Vivendi SA , valuing the music label of Lady Gaga, Ariana Grande and the Beatles at around 30 billion euros..
Reuters - Published

Vivendi talks Universal with Tencent to tap music revival

Vivendi is in talks to sell up to 20% of Universal Music Group (UMG) to Tencent, valuing its prized asset at around 30 billion euros ($34 billion), as both firms look outside their core regions to..
Reuters - Published

Vivendi turns to Tencent to gain Universal foothold in China

Vivendi is in talks to sell up to 20% of Universal Music Group (UMG) to Tencent , valuing its prized asset at around 30 billion euros ($34 billion), in an attempt to break into China's growing but..
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Tencent set to buy 10% stake in Universal Music

UMG's parent company Vivendi is in talks with the Chinese tech group over the deal.
BBC News - Published

Vivendi in talks to sell 10% of Universal Music Group to Tencent

Vivendi is in talks to sell a 10% stake in its prized and lucrative Universal Music Group (UMG) to Chinese tech company Tencent as it seeks to expand its presence in Asia.
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