Tencent proves why it's the indispensable Asian investment

2017-08-17 08:56

A 76% surge in Tencent's Hong Kong shares has lifted the company’s value by $175bn in what is easily the biggest creation of wealth by an Asian-listed company.

Alibaba and Tencent looking riskier and placing bigger bets

2017-08-14 14:43

Alibaba and Tencent can count themselves among the world’s costliest technology companies after a stellar run.

REVEALED: The world's richest companies

2017-07-15 10:00

Only three JSE listed companies made it into the top 100 richest companies list, as Apple once again claimed top spot.

Honour of Kings slam sees Tencent, Naspers shares fall

2017-07-04 12:30

Tencent and Naspers shares have fallen by almost 4% after a Chinese newspaper criticised the internet giant's most profitable smartphone title - Honour of Kings - in an editorial.

Naspers positive growth bolstered by Tencent investment

2017-06-23 17:02

Naspers produced positive results for the year ending 31 March 2017, with a 41% growth, spurred by strong earnings from Chinese money spinner Tencent.

Tencent results beat estimates as WeChat, games power growth

2017-05-18 08:59

Tencent has posted quarterly sales and profit that topped all analyst estimates as blockbuster titles drove a billion-plus users on WeChat and QQ to spend on game items.

Tesla wins Tencent backing with 5% stake

2017-03-29 07:48

Tesla Inc. got a vote of confidence from Chinese Internet giant Tencent Holdings Ltd., 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 shares' R480bn loss shows depth of China gloom

2017-01-04 06:38

For a clue on how bearish foreign investors have become about Chinese stocks, take a look at Tencent, in which e-commerce giant Naspers has a 34% stake.

MegaFon in talks with holders about buying stake

2016-11-17 07:25

MegaFon, the Russian wireless carrier controlled by billionaire Alisher Usmanov, says it is in talks with shareholders about buying a stake.

Tencent surges to become China’s most valuable company

2016-09-05 13:19

Tencent Holdings has surpassed China Mobile to become the country’s most valuable corporation, underscoring the growing importance of a vibrant private economy.


Naspers surges as Honour of Kings, WeChat boost Tencent profit

2017-08-16 12:54

Tencent has posted a quarterly profit that surpassed all estimates as its marquee title Honour of Kings drove a 54% surge in mobile gaming revenue.

Amazon joins Tencent in bid to launch new smartphone

2017-08-10 16:39 has joined Tencent and the main assembler of iPhones in backing Essential Products, the startup that’s getting ready to sell a new smartphone.

Tencent to take Honour of Kings to US and Europe

2017-07-07 08:48

Tencent is preparing to roll out smash-hit Honour of Kings to the US and Western Europe from as early as September, introducing its single most profitable mobile game to millions of new players beyond China, people familiar with the matter said.

Naspers to meet investors in US, UK

2017-06-25 11:12

Naspers will approach investors in the US and UK about a bond issue as it continues its quest to expand its internet businesses.

Behind the Naspers share surge

2017-05-25 11:34

The Naspers share price has breached R2 800 for the first this week, causing investors to ask what is driving this surge and whether the share is over-valued.

Tencent rainmaker takes biggest gamble

2017-04-18 10:08

Richard Peng’s deal-making moxie has set the pace for a hard-charging Tencent in its early days, but striking out on his own means the stakes are higher.

Tencent profits jump 43% on mobile gaming success

2017-03-22 18:32

Chinese technology giant Tencent reported a profit boost, helped by the growing popularity of its mobile games.

#Sugartax: IRR climbs into media over Coke funding

2016-12-23 17:55

Frans Cronje, CEO of the South African Institute for Race Relations (IRR), responds to what he calls a media slur campaign against the think tank.

Naspers to merge Indian travel business with rival

2016-10-19 07:04

Naspers will combine Indian travel operation Ibibo with US competitor MakeMyTrip to help boost its unprofitable e-commerce business and ease a reliance on Tencent.

Tencent posts record profit on mobile games frenzy

2016-08-17 12:25

Tencent Holdings posted a second-quarter profit that beat analysts’ expectations as the company lined up more mobile games and media content.

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