Tencent Holdings Ltd
General
Grapevine: ChrysCap nears deals for two dessert chains ; WeWork exit deal collapses
ChrysCapital is inching closer to acquire bakery and dessert chains Theobroma Foods and Belgian Waffle Co. in a deal valued ......
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China pushes Ant Group overhaul in latest crackdown on Jack Ma
China's central bank disclosed on Sunday it had asked the country's payments giant Ant Group Co Ltd to shake up ......
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Paytm backer Ant Group curbs support for overseas partners in strategy rethink
China's Ant Group Co Ltd has been cutting funding and staff support to many of the overseas e-wallet firms it ......
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Flipkart gears up for overseas IPO, may target $50 bn valuation
Walmart Inc-controlled Indian e-commerce firm Flipkart is preparing for an initial public offering overseas as early as 2021, which could ......
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PUBG Corp explores return to India after breaking ties with Tencent
PUBG Corporation, the unit of a South Korean company behind PlayerUnknown's Battlegrounds (PUBG), will no longer give Tencent Games the ......
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Gamers left reeling as govt pulls plug on Tencent's PUBG in China spat
For tens of millions of Indian gamers, Tencent's PlayerUnknown's Battlegrounds (PUBG) video game was a welcome distraction from the coronavirus ......
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Govt bans 118 more Chinese apps including Tencent's PUBG
India on Wednesday banned another 118 mobile apps including Tencent Holdings's popular videogame PUBG, as it stepped up the pressure ......
General
Grapevine: Hero Corp may buy into Max Financial; Tencent picks up Policybazaar stake
Sunil Kant Munjal’s Hero Corp is looking to buy a significant minority stake from Analjit Singh in Max Financial Services ......
Finance
Vertex Ventures raises $290 mn fund for India, Southeast Asia bets
Singapore-based Vertex Venture Holdings, the first main backer of Southeast Asia’s ride-hailing giant Grab, has added a new $290 million ......
Finance
Sequoia China to cut up to 20% of investment staff as tech growth slows
Sequoia Capital China, widely viewed as a bellwether for Chinese tech investment, is set to lay off as much as ......