Tencent blocks WeChat accounts for 'distorting history'

2015-01-20 13:24

Tencent Holdings, China's biggest social networking firm, has shut down 133 accounts on its hugely popular mobile messaging app for "distorting history"., Tencent to invest $1.55bn in Bitauto

2015-01-09 18:11

Chinese auto information website operator Bitauto Holdings said and Tencent Holdings would invest about $1.3bn in the company.

Tencent readies launch of China’s first private bank

2014-12-29 10:41

'Webank' is expected to focus on loans to individuals as well as small and medium-sized enterprises in China, according to the country’s regulators.

Tencent drives profit increase at Naspers

2014-11-25 12:09

Naspers has reported a 22% increase in first-half earnings, helped by a strong contribution from Hong Kong-based internet business Tencent.

Censorship forces Tencent to block WeChat accounts

2014-08-29 13:00

Tencent Holdings has suspended more than 300 accounts on its WeChat mobile messaging app and banned around 40 others.

Tsunami-driven app eyes $8.9bn listing

2014-07-15 13:01

A smartphone messaging app set up in the aftermath of Japan's 2011 quake-tsunami disaster has applied to list on the Tokyo stock exchange.

Hong Kong shares fall with Tencent a big drag

2014-07-09 12:30

Hong Kong shares have fallen after US stocks skidded, with internet giant Tencent the biggest drag, while Chinese markets were knocked as banks fell.

Mobile gaming boosts Tencent, Naspers

2014-05-14 12:59

Chinese internet company Tencent Holdings, of which Naspers owns over a third, has announced a strong increase in its first-quarter net income.

Tencent, casinos propel Hong Kong shares

2014-04-09 14:51

Hong Kong shares have ended at its highest level in 11 weeks, as a rebound in casino shares and index-heavyweight Tencent pushed the index to its best close.

Naspers plunges after Tencent hammering

2014-03-14 12:03

Naspers, which owns over a third of China's internet giant Tencent, has taken a beating on the JSE after a sell-off in Tencent shares.

China to run trial on private banks

2014-03-11 11:42

China will launch a trial programme for private firms to set up banks, with Internet giants Tencent and Alibaba reportedly among the first applicants.

Tencent deal of $400m on the cards

2014-02-17 17:01

Tencent, one of China's biggest internet companies, is set to announce a deal to purchase a stake in a restaurant ratings and group buying website.

Hong Kong shares buoyed Tencent jump

2014-01-17 10:42

Hong Kong shares closed at the highest in more than two weeks, buoyed by a strong showing in Asian insurer AIA Group and Chinese Internet giant Tencent.

Tencent gains boost Naspers shares

2013-11-25 15:59

The share price of Naspers was up on Monday on the back of Tencent's rise on the Asian markets.

Naspers, Tencent expand in India

2013-06-21 14:52

Chinese internet giant Tencent and local media conglomerate Naspers have teamed up to further expand their footprint in India.

Naspers investors cheer Tencent profits

2013-03-20 16:38

Shares in Naspers has increased more than 2%, riding on a more than one-third growth in quarterly profit from its Chinese money spinner Tencent.

Naspers slides after Tencent tumbles

2012-11-15 19:38

Shares of Naspers dropped 3.4% to R535.50, tracking a 7% drop in China's Tencent Holdings, which is 34% owned by Naspers.

Bekker has R6bn Naspers shares - report

2012-08-13 09:55

Naspers boss Koos Bekker is holding R6bn worth of Naspers N shares, according to the group’s recently released annual report.

Naspers profit rises on internet boom

2012-06-27 08:18

Media and e-commerce firm Naspers has posted a 15% increase in full-year earnings, boosted by solid growth in its money-spinning internet business.

JSE down ahead of futures closeout

2011-03-17 09:56

The JSE has opened slightly weaker in line with frail Asian stocks, with a trader saying that trade on the local front would be dominated by the futures closeout.

Naspers falls on Tencent worries

2010-08-11 10:58

Naspers, Africa's biggest media group, has fallen nearly 2% on the back of an expected slower second quarter from its Chinese unit, Tencent.

Money for nothing

2009-11-20 10:25

Today, several million people will buy something online with no expectation of ever receiving their items by post or courier, writes Alistair Fairweather.


Tencent apologises for 'civil rights' blunder

2015-01-19 15:54

The Chinese internet heavyweight has apologised for rewarding WeChat app users who sent a message with the English phrase 'civil rights' with a screen full of US flags.

China's Tencent launches private online bank

2015-01-05 12:53

Chinese Internet giant Tencent, operator of the messaging app WeChat, has launched an online bank, according to a state-backed newspaper.

China's Baidu to invest in taxi app Uber - report

2014-12-12 19:10

Chinese search engine Baidu, the country's equivalent of Google, will make a strategic investment of up to $600 million in the popular but controversial US taxi app Uber.

WeChat boosts revenue for Apple in China

2014-09-08 11:35

Millions of people have made China Apple's third-largest market for software sales, and a huge chunk of that comes through WeChat.

China approves three private banks

2014-07-25 13:16

China has approved the setting up of three private banks, including one by internet giant Tencent, in a long-awaited economic reform.

Tencent gains ground as Alibaba nears IPO

2014-07-14 07:58

China's biggest social media company Tencent Holdings is leading the revolt against Alibaba's online retail dominance, as Alibaba gears up for its $140bn IPO.

Naspers revenue up 26%

2014-06-23 09:55

Media group Naspers has reported consolidated revenue growth of 26%, fuelled by R7.7bn development spend on e-commerce and digital terrestrial television.

Weibo sells fewer shares - report

2014-04-17 10:11

Sina Weibo has sold fewer shares than expected in its US initial public offering, which has been priced below expectations, according to a report.

Tencent shares claw back losses

2014-04-01 10:34

Hong Kong shares have finished up 1.3% and Tencent Holdings gained 3.9%, regaining some of the 7.8% it lost last week when investors sold off tech shares globally.

WeChat app takes China by storm

2014-03-12 09:07

Homegrown instant messaging platform WeChat, developed by Chinese Internet giant Tencent, has made huge inroads in China in just three years.

WeChat: Focus turns to WhaptsApp rivals

2014-02-21 16:24

As Facebook snaps up smartphone messaging service WhatsApp for $19BN in cash and shares, focus has turned to its rivals.

WeChat woos SA, but long way to go

2014-02-13 10:47

Newcomer chat app WeChat is on a drive to convince South Africans to switch, but the market is crowded.

China's Tencent brand valued at $34bn

2013-12-04 13:07

Internet services firm Tencent Holdings is now China's most valuable listed technology brand with a value even closing in on that of Wal-Mart, a report shows.

Tencent gambles on mobile gaming

2013-08-14 09:29

Tencent is betting that one-upmanship between friends playing games will boost revenue from WeChat, a social messaging app.

MTN only African brand in top 100 survey

2013-05-21 14:55

MTN has outshone other brands such as KFC, Woolworths and Volkswagen to slot in at No 79 in a prestigious global brands survey.

Naspers sees higher earnings

2012-11-16 18:21

Naspers says it will likely post up to a 20% increase in underlying profit, but gave no reason for the expected rise.

Tencent taking Call of Duty to the masses

2012-07-03 22:29

Tencent, of which media giant Naspers owns a large stake, is teaming up with the developers of blockbuster video game Call of Duty to offer a free version of the game to players in China.

Naspers profit up 13%

2011-06-27 09:56

Media and internet firm Naspers has reported a 13% gain in full-year profit and cautioned that its acquisition streak may slow.

Profit rise for Tencent

2011-03-16 14:25

Tencent Holdings says it plans to invest heavily in social networking, e-commerce and search, after posting a 46% rise in quarterly profit.

Pay-TV, internet propel Naspers profit

2010-11-30 09:55

Naspers, Africa's biggest media company, has seen strong growth in its internet and pay television businesses, pushing its profit up by a third.

Naspers shares plunge on Tencent news

2010-06-22 17:14

Naspers shares have fallen sharply following news over China's online gaming operator Tencent, of which the local media giant owns just over one-third.

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