Bigger picture on Naspers, Tencent moves

2015-04-14 16:07

Analysts place the performance of the Naspers share price in the broader context of its exposure to the rand and Chinese internet giant Tencent.

Naspers' Tencent bet pays off as shares surge

2015-04-13 19:04

Shares in Naspers, South Africa's biggest firm by value, has been lifted by the rising fortunes of China's Tencent in which it holds a minority stake.

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 has biggest drop in almost a year

2015-04-14 08:19

Tencent Holdings has slumped for the first time in 10 days after billionaire chair Ma Huateng cut his stake in the Chinese internet giant.

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.

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