China's Tencent draws $41 bn orders for $5 bn bond sale

Chinese gaming and social media titan Tencent has raised $5 billion in a bond issue which attracted orders totalling more than $41 billion for its biggest dollar-denominated sale so far, Bloomberg reported Friday.

China's Tencent becomes more valuable than Facebook

Chinese social media and video game giant Tencent became more valuable than Facebook on Tuesday as investors sent the company soaring into the top five of the world's biggest firms.

China's Tencent takes 12% stake in Snapchat parent

Snapchat parent Snap Inc. disclosed Wednesday that Chinese tech giant Tencent had taken a 12 percent stake, a sign of confidence in the social network that has delivered disappointing results since its share offering this ...

China's WeChat blocked in Russia

Chinese internet giant Tencent said Saturday its messaging app WeChat had been blocked in Russia, adding it was in touch with authorities to resolve the issue.

China's Tencent posts 25% profit surge in Q2, revenue slows

Chinese Internet giant Tencent saw its net profit surge by 25 percent in the second quarter buoyed by growth in online advertising revenue and its popular messaging service WeChat, the company said Wednesday.

China's Tencent says former executive in graft case

Tencent Inc., operator of the popular WeChat social media service and China's most valuable tech company, said Friday the former general manager of its video unit and other employees have been detained in a corruption case.

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