Tencent Holdings posted a quarterly profit that surpassed all estimates as its marquee title Honour of Kings drove a 54% surge in mobile gaming revenue. China’s largest corporation reported a 70% surge in net income
Browsing: Tencent
Naspers’s conglomerate discount is widening. Its one-third stake in Tencent Holdings alone is now worth 27% more than the South African Internet company’s entire market cap. After a 70% increase in its stock so far this year
Alibaba and Tencent can count themselves among the world’s costliest technology companies after a stellar run. To justify those lofty valuations, China’s two largest corporations have to deliver on some of the riskiest bets they’ve
Beware of Beijing: that’s the lesson of Friday’s selloff in the shares of China’s most valuable company. Tencent – a stock-market favourite for its 66% surge this year – slid 4.9% in Hong Kong in its steepest drop since February 2016
China’s online watchdog has launched an investigation into reports of multiple violations at news services run by Tencent, Baidu and Weibo, as the government continues to tighten scrutiny over Internet content. The Cyberspace Administration
Amazon.com has joined Tencent and the main assembler of iPhones in backing Essential Products, the start-up co-founded by Android-creator Andy Rubin that’s getting ready to sell a new smartphone. China’s largest social
This week’s podcast was recorded at Homemation in Sandton. Homemation is a specialist distributor of mid- to high-end audio/visual and home automation solutions. Show regulars Duncan McLeod and Regardt
Tencent Africa, a joint venture between China’s Tencent and South African-headquartered media group Naspers, have entered the competitive local music streaming market with a R60/month service called
Naspers shares rallied to an all-time high on Monday amid continued optimism over the growth prospects of its Chinese affiliate, Tencent. The share touched a new high of R2 873.93 in afternoon trade on the JSE, before
Naspers has awarded CEO Bob Van Dijk $10.4m in long-term share options as Africa’s biggest company by market value seeks to boost its global Internet businesses amid declining profit at the sub-Saharan