Video game warriors do battle before 40 000 fans in China

2017-11-05 20:00

More than 40 000 spectators, giant screens, players glued to their keyboards and more than $1m prize money: welcome to the world of eSports in China.

Tencent enters old-school finance with stake in China's CICC

2017-09-21 13:38

Tencent is entering the traditional finance industry by investing in CICC International Capital, a move that may help the investment bank’s expansion in wealth management.

Tencent's giant rally is a problem for some China investors

2017-09-08 15:13

When it comes to China’s biggest technology stocks, some investors are finding there can be too much of a good thing.

Tencent music said to seek pre-IPO funds at $10bn value

2017-09-01 10:20

Tencent Music controlled by China’s biggest social network operator, is seeking new funding at a $10bn valuation ahead of an initial public offering.

Koos Bekker defends Naspers for keeping $132bn Tencent stake

2017-08-25 16:56

Naspers chairperson Koos Bekker says that the assumption that Tencent is making money and Naspers’s other ventures are loss-making is 'illiterate.'

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's 2 636% rally makes this Asian stock boom different

2017-11-01 12:50

The good news for investors: In aggregate, Asian tech companies are still cheaper than their global counterparts and trade at valuations below levels that foreshadowed previous bull-market peaks.

China starts crackdown on creators of WeChat groups

2017-09-12 16:08

Self-censorship is kicking in fast on WeChat as China’s new rules on message groups casts a chill among the 963 million users of Tencent’s social network.

Tencent backs German startup behind high-speed flying jet taxi

2017-09-05 09:49

With a promise to haul passengers from downtown Manhattan to JFK Airport in just five minutes, flying jet taxi designer Lilium GmbH raised $90m from investors including Tencent.

Naspers CEO sees e-commerce growth closing $32bn value gap

2017-08-28 13:02

Naspers CEO Bob van Dijk says five years of heavy e-commerce investments are bearing fruit, which should prove to investors that the assets are worth more than they think.

NFL, China's Tencent strike digital streaming deal

2017-08-21 13:29

The National Football League has announced an agreement granting tech giant Tencent exclusive digital streaming rights for NFL games in China.

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.

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