Not all shareholders are perfectly happy with Naspers at the moment, which made the group’s AGM on Friday a livelier affair than usual.
Browsing: Tencent
Naspers is looking to invest in machine learning as Africa’s largest company seeks to expand following an Amsterdam listing of assets including a stake in Tencent Holdings.
Naspers has received enough votes from shareholders to proceed with an Amsterdam listing of assets including a R1.9-trillion stake in Chinese Internet giant Tencent Holdings.
Tencent Holdings posted a better-than-expected 35% rise in quarterly earnings after Peacekeeper Elite became the gaming giant’s first break-out hit since it won regulatory approval to make money off new titles.
China’s ByteDance has launched a search engine that bears a striking resemblance to Google’s clean, uncluttered homepage but produces heavily sanitised results.
Vivendi is in talks to sell 10% of Universal Music Group to China’s Tencent, helping the world’s biggest music company expand in fast-growing Asian markets. Vivendi shares rose as much as 9%.
Naspers has corrected a problem that forced Africa’s biggest company to delay a planned listing of Internet assets in Amsterdam, sending mail to the right addresses to reach shareholders.
Promoted | South Africans are increasingly adopting mobile technology and our trust in various apps and online processes is strengthening.
Tencent-backed grocery delivery start-up Missfresh is seeking new funds, according to people familiar with the matter, refilling its coffers as startup capital-raising gets tougher.
Facebook’s plan for a new cryptocurrency has the potential to change entire industries. A more likely outcome is that the technology transforms the social media giant’s own business.