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Posts Tagged ‘Chinas Tencent Holdings Ltd’

By Paul Carsten BEIJING (Reuters) – Tencent Holdings Ltd, Chinas biggest listed tech firm, is ratcheting up its profits on smartphones as it transplants its strength in social networking and gaming onto mobile. At the moment, Shenzhen-based Tencent makes most of its money from the division which includes its video gaming business and sales of […]

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SHANGHAI (Reuters) – Chinese internet service provider Tencent Holdings plans to acquire an 11.3 percent stake in digital mapping service provider Navinfo Co Ltd for 1.17 billion yuan ($187.33 million), Navinfo said late on Monday. Tencent will buy 78 million shares at 15.04 yuan per share from Navinfo’s major shareholder China Siwei Surveying & Mapping […]

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The Chinese web giant Tencent is one of the biggest companies in tech thanks to its popular messaging and gaming services, and yet youd hardly know it outside of China. But that may not be for long: Tencent recently began expanding into new countries, and its even made some investments in American companies to start […]

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