Browsing: Tencent

Richard Peng didn’t get to become one of China’s most accomplished dealmakers by pussyfooting around. In 2013, the Tencent acquisitions chief took a shine to a scrappy little ride-hailing app called Didi. He tracked down reluctant founder

Facebook’s WhatsApp is getting into digital payments in India, a first for a global messaging service that’s only just begun to explore ways to generate revenue. It’s chosen to kick off that maiden effort in India, a market

WeChat, China’s most popular social media and messaging service, has launched a new bid in Europe and the US to develop its payments offering and win new advertisers. Owned by Tencent Holdings, in which South Africa’s

Tesla has won a vote of confidence from Chinese Internet giant Tencent Holdings, whose purchase of a 5% stake boosts Elon Musk’s ambitions to get his mass-market Model 3 electric sedan to buyers this year. Tencent paid about US$1,8bn

International money transfer service TransferWise has announced an integration with Facebook’s Messenger that will let people set up foreign exchange transactions over the chat service. London-based TransferWise launched the technology

Tencent Holdings’ messaging services were by far the most popular Chinese mobile apps in 2016, leading steady growth in the world’s largest Internet and smartphone market, the government’s online industry overseers said on Sunday. WeChat remained the most

For a clue on how bearish foreign investors have become about Chinese stocks, take a look at Tencent Holdings, in which South Africa’s Naspers holds a roughly one-third stake. The Shenzhen-based technology giant has tumbled 13% from its

Another day, another moment to be in awe of Facebook’s ruthless genius. Facebook on Monday announced a way for people to use its Messenger texting app for group video calls. You may recognise this feature from the many

Naspers plans to expand in education software as Africa’s biggest company by market value searches for a repeat of the profitable bet it made on China’s Tencent. The owner of Africa’s biggest pay-television