China’s Tencent Holdings Ltd has bought a 5 percent stake in U.S. electric car maker Tesla Inc for $1.78 billion. It is the latest investment by a Chinese internet company in the potentially lucrative market […]
Digital publisher China Reading, which is backed by Tencent Holdings, is selecting underwriters for an initial public offering. It could raise as much as $800 million, people familiar with the matter said. The company, China’s biggest […]
Tencent (OTCPK:TCEHY) has overtaken Alibaba (NYSE:BABA) to become China’s most valuable tech company after unveiling a strong set of earnings. The firm posted a 47% climb in net income to a record 10.74B yuan, handily […]
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