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Tencent Archives

China’s Meituan beats revenue estimates, swings to profit

Meituan’s Hong Kong-listed shares have lost nearly half their value in the last 12 months. to slash top exec salaries amid China’s ‘common prosperity’ push

The e-commerce giant plans to allocate US$1.4 billion for a fund to assist employees of JD and recently-acquired courier...

Tencent to hand $20 billion Meituan stake to shareholders as sales slip

Asked about Tencent’s progress on obtaining a financial holding company license, Lau said that it is “interacting very c...

Tencent tipped to divest Meituan stake worth $24 billion

Tencent, which owns 17 per cent of Meituan, has been engaging with financial advisers in recent months.

China’s big tech problem: even in a state-managed economy, digital companies grow too powerful

China has made clear it aims to be a global leader in digital infrastructure and technologies.

China regulator fines Alibaba, Tencent for disclosure violations

Tencent was involved in 12 of the transactions on SAMR's list.

Tencent posts slowest-ever sales rise; regulation impact set to ease

This has also led to a slowdown in advertising as businesses have cut spending.

How Chinese retail giants Alibaba and Tencent work backwards to stay ahead

At last week’s Marketing Pulse commerce event, former Coca-Cola head of future commerce Barry Thomas explained what the ...

China crackdown wipes hundreds of billions off top companies’ values

Alibaba's sprawling empire of businesses has continued to face heat from regulators.

China warns online platform companies to halt anti-competitive practices

No time should be wasted in correcting the way companies operate to ensure they comply with the law, state agency tells ...