Tencent

Tencent goes hands-on to reshape US$10 billion global games empire

The company is ubiquitous in China via its WeChat ecosystem and WeChat Pay

Tencent will become a minority shareholder in a new Ubisoft subsidiary Vantage Studios.

Ubisoft finalises Tencent accord as it resumes trading

[PARIS] After a week away from the markets’ glare when the postponement of its results triggered speculation in the gaming world, French video game firm Ubisoft resumed trading Friday (Nov 21) with a ...

Starbucks is among several foreign retailers turning to local partners to help improve their fortunes in China amid stern competition from domestic rivals.

Boyu Capital considers bringing Tencent, GIC into Starbucks China deal

The Chinese retail operations are valued at around US$4 billion

Mini games, contained entirely within WeChat – which is now used by 1.41 billion people every month.

Apple and Tencent agree to 15% fee on WeChat mini game purchases

The deal opens a new revenue stream for Apple and takes pressure off Tencent

The results underscore how Tencent can afford to take a more measured approach to AI development and investment than many of its rivals.

Tencent posts 15% revenue jump, sustaining growth without splashy AI bets

China’s most valuable company reports sales of 192.9 billion yuan for the three months ended September

Although Beijing remains risk-averse, it increasingly views the fintech sector as having sufficient oversight, while consumer subsidies are indirectly spurring growth.
ANALYSIS

China’s internet firms cautiously revive lending as Beijing pushes consumer loans

The more stable regulatory environment positions firms such as Ant, Meituan and ByteDance for faster growth and higher margins

The dim sum bonds have initial price guidance of about 2.6 per cent for the 5-year tranche, 3 per cent for the 10-year and 3.6 per cent for the 30-year, the term sheet showed.

China's Tencent aims to raise US$1 billion equivalent in dim sum bonds

Tencent plans to issue five-, 10- and 30-year offshore yuan bonds

Tencent has a US$1 billion bond due in January 2026 and a US$500 million note maturing in April next year.

Tencent appoints banks for first bond sale in four years

The company is proposing to sell offshore-yuan denominated notes with five-year, 10-year and 30-year tenors as early as Tuesday

Meituan is enjoying fresh momentum off the back of a partnership with Kuaishou, a Chinese live-streaming platform.

Tencent’s AI restraint shows risk of Alibaba, JD food war

In China, the industry is just as enthralled by a three-way battle to deliver the cheapest meals and knick-knacks, fastest

Gaming remained a key growth driver, with domestic revenue rising 17 per cent to 40.4 billion yuan and international revenue climbing 35 per cent to 18.8 billion yuan.

China's Tencent revenue grows 15% in Q2 on strong gaming performance

It reported revenue of 184.5 billion yuan (S$32.9 billion), exceeding analyst estimates of 178.5 billion yuan