Tencent Holdings Archives - Inside Retail Asia

Coach Tmall flagship abandoned

The Coach Tmall flagship shop has been closed, the luxury goods brand now intending to sell direct.

HKMA approves digital wallets for Hong Kong

Ant Financial and Tencent Holdings have the green light to introduce digital wallets for Hong Kong customers.

Tencent Holdings emerges as mainstay of JD.com

Tencent Holdings has emerged as the leading shareholder of China’s second-ranked online retailer JD.com.

Revenues rise as Tencent Holdings expands

As Tencent Holdings expands, it has been developing its online games and digital content businesses.

QQ Music merger valued at $2.7 billion

Tencent Holdings is merging its QQ Music Service with music-streaming company China Music Corporation.

China online payments tightened

Service providers and millions of users are affected by a significant regulatory change to China online payments.

Big boost in Tencent revenue

First-quarter Tencent Holdings revenues grew 43 per cent to $4893 million.

Tencent Holdings revenues grow 43 per cent

First-quarter Tencent Holdings revenues grew 43 per cent to $4893 million.

JD.com files for US IPO

Chinese online retailer JD.com has filed for its IPO in the US to raise as much as $1.7 billion. JD.com is offering 93.7 million American depositary receipts for $16 to $18 per share, valuing the company at $24.6 billion. The Tencent Holdings-backed online retailer operates a marketplace similar to that of Amazon.com. Its 2013 revenue stood at $11.5 billion and has 47.4 million active customers. Its rival Alibaba has also filed for a US IPO, that could raise $15 billion to $20 billion, …