Naspers sees profit boost ahead of spin-off

2019-06-13 21:22

Naspers' full-year earnings have risen by as much as a third ahead of the technology group’s planned asset spinoff in Amsterdam, a move designed to reduce its dominance of Johannesburg’s stock exchange.

Tencent to subject players of its top game to police ID checks

2018-09-06 11:55

Tencent will begin using a police database to verify the ages and identities of players on its biggest mobile title, ramping up a campaign against game addiction.

Naspers' Tencent share sale a smart move - Moody's

2018-03-26 15:05

The ratings agency has said the sale of 2% of the Chinese internet giant's shares by Naspers will help it strengthen its balance sheet to fund the scaling of its e-commerce operations, without incurring more debt.

Why Tencent wants to be more like Facebook in advertising

2017-11-27 14:47

Tencent Holdings' rise into a $500bn company was fueled by a culture of internal competition, where teams raced against each other to make ideas work.

Naspers investor Allan Gray to vote against executive pay policy

2017-08-22 06:01

Naspers shareholder Allan Gray plans to vote against the firm's remuneration policy because it isn’t aligned to the performance of the business outside a stake in Tencent.

JSE maintains momentum to close higher

2017-08-04 17:56

The JSE was buoyed by rand hedge stocks, as well as some of the rand sensitive stocks which surprisingly continued to trade in the green despite a weaker currency.

Naspers pulls JSE higher thanks to Tencent

2015-05-13 13:49

Naspers has pulled the JSE higher as the share price reacted positively to better than expected results from Tencent, in which Naspers owns a 34.4% stake.

Tencent profit roars on smartphone gaming

2014-08-13 14:30

Tencent Holdings has posted its second quarter of year-on-year profit gain of more than 50% as smartphone gaming revenue continued to grow at a breakneck pace.

Tencent Holdings lifts Hong Kong shares

2014-01-16 11:28

Tencent Holdings shares have helped prop up the Hang Seng Index, as investors cheered the Chinese internet giant's $193m investment in logistics.


Tencent counts on smash hit call of duty to quicken global push

2019-06-05 14:14

Tencent plans to roll out marquee title Call of Duty Mobile to markets from the US and Europe to Latin America, accelerating efforts to plumb new avenues of growth as uncertainty grips its Chinese home market.

Tencent's stock traders read all the signs analysts ignored

2018-08-16 14:43

While Tencent Holdings’ shock profit slump caught almost all analysts by surprise, traders were far more prepared.

Tencent-backed video site said to seek $17bn valuation

2018-01-16 20:05

Tencent-backed Chinese start-up Kuaishou is seeking to raise funds at about a $17bn valuation, people familiar with the matter said, as it expands its video-streaming service to Southeast Asia.

Tencent buys minority stake in developer of Snapchat

2017-11-08 19:43

Tencent, China’s biggest instant messaging company, bought 145.8 million non-voting shares in Snap saying it plans to work closely with the social media company.

Tencent’s plunge reveals tech giant’s Achilles heel

2017-08-11 18:09

A slump in Tencent's share price, triggered by word of a government probe into news services run by the firm, has wiped off $19bn of the internet and gaming behemoth’s market value.

Tencent said to invite banks to join $1.5bn 5-year loan

2016-04-19 14:46

Tencent Holdings, Asia’s biggest Internet company, has invited banks to join its $1.5bn syndicated loan, people familiar with the matter said.

Naspers’s 34%-owned Tencent profits surge, mkt cap passes R2trn

2015-03-20 14:57

Tencent shares have risen to a new high, valuing the company at around half South Africa’s annual GDP, pushing Naspers’s stake to R680bn, 95% of its market cap.

China shares dragged lower by Tencent

2014-03-27 09:19

Hong Kong shares have fallen, dragged down by index tech heavyweight Tencent Holdings after US-listed peers declined.

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