Browsing: Tencent

Tencent Holdings, in which South African technology and media giant Naspers holds an approximately one-third stake, posted a 43% rise in third-quarter profit as its ability to attract Chinese gamers and social media mavens fuelled advertising growth. Net income climbed to

Fifteen years ago, a South African media company invested US$34m in an obscure Chinese Internet developer. Today that stake is worth $88bn. All Naspers, now Africa’s most valuable company, has to do is figure out how

Tencent Holdings, in which South Africa’s Naspers has a 34% equity stake, has surpassed China Mobile to become the country’s most valuable corporation, underscoring the growing importance of a vibrant private economy

Just across the border from Hong Kong in southern China, two gleaming towers of glass and steel are rising in a city long known for its manufacturing prowess. This is the new headquarters for Tencent Holdings, a US$599m

Naspers is facing challenges from weaker African currencies and competition from US technology operators as the continent’s biggest company by market values tries to grow its Internet and pay-TV businesses. Foreign-exchange movements

Tencent Holdings, in which South African media and technology group Naspers holds a 34%, posted a second quarter profit that beat analysts’ expectations as the company lined up more mobile games and media

Google nailed e-mail with the 2004 introduction of Gmail. But as traditional e-mail falls out of favour with a growing sliver of the population, Google has struggled to make its messaging tools relevant or introduce

Technology companies are a lot like contemporary art. Their valuations reflect narratives more than anything else, and it’s just as important to devise the right framework to describe a phenomenon as it is to build a beautiful product. Two New

Uber Technologies will sell its China business to Didi Chuxing, the dominant ride-hailing service in the country, according to people familiar with the matter, ending a costly battle between the two companies