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Browsing: Tencent
Apple has long proved adept at negotiating China’s notoriously challenging market, responding to fickle consumer tastes and unpredictable regulation far more adeptly than its competitors. But a recent decision to start taking
Albert Saporta, a director of Geneva-based investment advisory firm AIM&R has written an open letter to Naspers CEO Bob van Dijk accusing him of destroying R334bn of shareholder value since his appointment more than three years ago
Tencent, in which South Africa’s Naspers holds a one-third stake, might want to tighten the purse strings a little. More than US$19bn in deals over the past year have added some pretty cool
Alibaba Group chairman Jack Ma said society should prepare for decades of pain as the Internet disrupts the economy. The world must change education systems and establish how to work
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