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

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