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Posts Tagged ‘ TenCent Holdings ’

Group of Chinese internet firms to sue Baidu over copyright violations

Wednesday, November 13, 2013 | More »

A group including Chinese Internet firms Tencent Holdings and Sohu.Com Inc  as well as a top U.S. film industry body said on Wednesday it is seeking 300 million yuan in damages from China’s Baidu Inc and others for copyright violation. The group, which also includes Youku Tudou Inc, Dalian Wa...


Naspers-Tencent restructuring India operations

South African digital media giant Naspers and Chinese partner Tencent are restructuring their existing operations housed under MIH in India which will see Tencent owning majority stake in social media ventures while Naspers continuing to lead the e-com business, as per a disclosure by Tencent in the...

21 October, 2013 | More »


Times Internet-backed Fab.com raises $150M from Tencent and others, valued at $1B

New York-based lifestyle products e-tailer Fab.com has raised $150 million as part of a larger Series D round from several investors including China’s Tencent Holdings, the company’s co-founder and CEO Jason Goldberg said in a personal blog post. Mentioning Tencent as a strategic partner, Goldbe...

20 June, 2013 | More »


China’s Tencent messaging app may no longer be free

Users of  Tencent Holdings’ hugely popular mobile chatting application may have to pay fees in future to satisfy China’s three mobile telecom operators, Chinese media quoted a government official as saying on Sunday. Tencent’s Weixin, or WeChat, chatting application (app) is curre...

1 April, 2013 | More »


China’s dot-com darlings tap cheap global credit

Chinese search engine company Baidu Inc paid a lower interest rate than Google Inc when it sold $750 million in 10-year bonds last month. China’s three dominant dot-com names – Baidu, Alibaba and Tencent Holdings Ltd – have successfully tapped global funding this year, stockpiling ...

3 December, 2012 | More »

China Internet Firms Face Venture Capital Funding Squeeze

China’s hot Internet sector is facing a problem it is unaccustomed to: a lack of money. The world’s largest Internet market, with nearly half a billion users, gave birth to some of the world’s most vibrant Internet firms, such as Baidu Inc  and Tencent Holdings. Venture capitalist...

23 April, 2012 | More »

Zynga Partners With Tencent To Debut First Mainland China Game

Social games maker Zynga is partnering with Tencent Holdings Ltd, the Chinese Internet company, to launch its first game in mainland China as it tries to find new users by tapping into the $5.8 billion Chinese games market. Zynga will release an early version of a game called Zynga City on Tencents&...

26 July, 2011 | More »