Tencent Reports Strongest Growth in a Year, Driven by Hit Games
Tencent recorded its fastest revenue growth in over a year, driven by successful game releases despite economic challenges. Q4 revenue rose to 172.5 billion yuan...
Tag : Tencent
Oxbotica Raises $140 Million to Deploy Self-Driving Commercial Vehicles
Self-driving software startup Oxbotica has raised $140 million from investors to accelerate the deployment of autonomous vehicles (AVs) in heavy industry, ports and airports, among...
Byju’s Raises Over $250 Million from Its Existing Inventors
According to media reports, India’s major learning platform Byju’s raised $250 million from its existing investors as the Bengaluru-based edtech giant aims for profitability by...
Government Issues Order to Ban 54 Chinese Apps
The Central Government has issued the order to ban over 54 Chinese Apps due to the threat to the privacy and security of Indians. A...
Tencent to Give $16.4 Billion JD.Com Stake as Dividend
Tencent will give a $16.4 billion JD.com stake as a dividend to its shareholders, which has weakened its ties with the e-commerce firm and raised...
Tencent Acquires Turtle Rock Studios
Tencent has announced the acquisition of Turtle Rock Studios. The group is known for zombie shooter games like the Left 4 Dead series and Back...
Khatabook Raises $100 Million Led by Tribe Capital
Khatabook said that it had raised $100 million led by Tribe Capital and Moore Strategic Ventures, making it a valuation of $600 million. Existing investors...
Byju’s Raises $1 Billion From B Capital and Baron Funds
Byju’s raised about $1 billion from new investors, including former Facebook co-founder Eduardo Saverin’s B Capital Group, Baron Funds, and XN, reported Bloomberg. The infusion...
Jack Ma Regains The Title Of “China’s Richest Man”
According to the latest version of the Hurun China Rich List 2018, Jack Ma has been renamed as China’s richest man with him and his...
Tencent Loses US$ 180 Billion In Market Capitalization
Chinese Technology Conglomerate Tencent Holdings Ltd. had reportedly lost more than US$ 180 Billion of market cap since its peak in January making it one...