Topics: Tencent

Argentina's fintech startup Uala plans for expansion with Tencent, SoftBank, and Pierpaolo Barbieri

Argentine digital banking startup Uala is looking to more than double in size, expand its product range and leverage expertise from new investors including...

Govt Of India to allow tech companies like Facebook, Google, Amazon to sell users public data

The Government of India is planning to make it mandatory for the tech companies like, “Facebook, Google, Amazon, and others, to sell public or...

Tencent acquires 10% shares of Universal Media Group from Vivendi

As the part of the strategic investment, the French media company, Vivendi has agreed to sell the 10 percent stake of Universal Music Group...
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Asian internet companies are competing with traditional banks on consumer finances

Asia’s internet firms are challenging the region’s traditional banks for consumer finances, tapping their massive user networks for business and following a trail blazed...

Tencent profit increased by 30 percent in Q3

Tencent Holdings said on Wednesday its third-quarter net profit rose 30 percent, beating estimates, as investment gains offset a weak performance in the Chinese...

Tencent Grapples With Government Regulation, Revamps Infrastructure

The Chinese internet giant Tencent announced on Sunday that it is revamping its infrastructure owing to stringent regulation imposed by the government. The Shenzen-based and...
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