Hike Messenger raises $175 mn led by Tencent, Foxconn
Messaging platform Hike Messenger on Tuesday said it has raised USD 175 million in a new round of funding led by Tencent Holdings and Foxconn Technology Group, valuing the company at about USD 1.4 billion.
Aug 16, 2016, 14:38 PM IST
Alibaba and Ant Financial to invest $1 bn in mobile platform
China's e-commerce giant Alibaba and a financial affiliate part-owned by its chairman Jack Ma will pour nearly USD 1 billion into a local services mobile platform to compete with rival Tencent.
Jun 23, 2015, 17:41 PM IST
Nielsen to measure digital ads in partnership with Tencent
Nielsen said it is launching its Digital Ad Ratings, which tracks unique users, reach and frequency of a digital ad across computers, tablets and smartphones for the first time in China.
May 28, 2015, 08:25 AM IST
China tech firms shake up world`s biggest car market
Alibaba and WeChat messaging app provider Tencent have both announced plans for cars in the past month.
Apr 22, 2015, 09:20 AM IST
China's Tencent hits $200 bn market cap for first time
China`s Tencent Holdings Ltd for the first time hit a market cap of more than $200 billion on Monday, making it more valuable than US tech firms like Amazon.com Inc, IBM Corp and Oracle Corp.
Apr 13, 2015, 15:56 PM IST
China clamps down on sexual content on WeChat
China`s Internet regulator issued on Wednesday new guidelines prohibiting sexual and vulgar content on Tencent Holdings Ltd`s popular messaging app, the latest step in the agency`s perennial campaign to clean up China`s Internet.
Mar 25, 2015, 20:15 PM IST
China regulator blasts Alibaba for illegal business on its websites
A China regulator has accused Alibaba Group Holding Ltd of failing to clean up what it called illegal business deals on the e-commerce titan`s platforms, in an unusually strong government criticism of one of the country`s biggest private companies.
Jan 29, 2015, 02:05 AM IST
China's Tencent wins approval to start banking business
The launch of Tencent`s private bank marks a gradual opening of China`s closely guarded banking sector that is currently dominated by state giants.
Dec 13, 2014, 10:08 AM IST
Jack Ma, social media firm Tencent raise stakes in Huayi Bros
A firm controlled by Alibaba founder Jack Ma and social media firm Tencent are set to invest a combined 2.8 billion yuan to raise their stakes in Huayi Brothers Media Corp, as China`s tech giants push into entertainment.
Nov 18, 2014, 20:39 PM IST
China's Wanda in USD $800 million e-commerce JV to challenge Alibaba
China's biggest property developer Wanda Group said it will set up an e-commerce venture at a cost of over USD 800 million with two other Internet giants, Baidu and Tencent, in a challenge to industry leader Alibaba Group ahead of its debut in the US stock market.
Aug 29, 2014, 20:57 PM IST
12 Indian firms among Forbes Asia's Fabulous 50
A dozen Indian firms figure in this year`s Forbes Asia`s Fabulous 50 list of the region`s best big publicly traded companies with HDFC Bank making the list more times than any other company.
Aug 28, 2014, 10:29 AM IST
