Search results for "tencent holdings"

5% stake in Afterpay Ltd, has been acquired by Tencent Holdings, the Australian buy-now-pay-later firm said on Friday. Shareholding of Tencent in Afterpay Ltd was worth around A$390 million ($251.55 million), contingent on Afterpay shares’ closing...

Chinese internet giant Tencent Holdings Ltd said it is looking to spin off and list its online music business, China’s biggest music-streaming company, in the United States. The proposed listing is a sign that the once-flagging...

China’s Tencent Holdings Ltd saw its shares down 4.51 percent at the midday trading break on Friday after the internet firm’s largest shareholder, Naspers Ltd, said it would lower its stake for the first time in...

The fundraising comes as Beijing has been promoting electric vehicles in its battle with urban smog, with startups flooding the market after it opened up the sector to investment from technology firms and other backers outside...

News Hour: Chinese bike-sharing start-up Mobike said it has raised $600 million in a financing round led by Tencent Holdings Ltd, its biggest financing round to date as it seeks to expand aggressively. With the latest...

News Hour: Tesla Inc, the California-based electric carmaker, said Chinese tech giant Tencent Holdings Ltd acquired a 5 percent stake for $1.78 billion. The purchase, revealed in a U.S. regulatory filing, pushed Tesla’s stock higher in...

News Hour: Chinese tech giant Tencent Holdings has signed a $4.65 billion loan deal, Basis Point reported, amid a flurry of fund-raising by China’s internet giants. Tencent, which had an original target of about $2 billion...

Tencent Music Entertainment Group’s quarterly revenue jumped 18%, beating Wall Street estimates, as it put more music for streaming behind its paywall and grew its paid subscriber base by more than half. The strong performance comes...

Shares in Tencent Music Entertainment Group, China’s music streaming giant, jumped almost 10% on their first day of public trade in New York. The listing raised about $1.1bn (£870m), based on an initial offering price of...

China-based music streaming company Tencent Music Entertainment Group said it raised close to $1.1 billion in its U.S. initial public offering (IPO) after pricing its shares at the bottom of its targeted range. The music arm of...