Tencent Holdings

Deals, joint ventures & alliances

Synagie inks deal with China's Weimob to help Southeast Asian SMEs penetrate China's e-commerce market

SINGAPORE (June 10): Synagie Corporation, the e-commerce enabler, announced that it has signed an agreement with a wholly-owned subsidiary of Weimob to offer its integrated cross-border e-commerce and advertising solutions that will help SMEs in Southeast

Company in the news

Angry K-Pop fans spur probe into Sea

(June 7): The Philippines has begun an investigation into Sea Ltd. online mall Shopee after fans of K-pop girl group BlackPink complained it mishandled promotions around a meet-and-greet event.

Investing strategies

Tech companies, network effect, universal apps: Where the future and the past are different, yet similar

SINGAPORE (Apr 29): A significant portion of the value we have seen created in technology has been credited to the network effect (or positive feedback loop) associated with digital platforms. Think Facebook, Apple, Amazon.com, Google (owned by Alphabet),

China Focus

China wins allies for web vision in ideological battle with US

(Apr 15): A swathe of the world is adopting China’s vision for a tightly controlled internet over the unfettered American approach, a stunning ideological coup for Beijing that would have been unthinkable less than a decade ago.

Tencent-backed Sea to raise US$1.35 bil in US share sale

(Mar 6): Sea, operator of Southeast Asia’s biggest gaming platform, has raised US$1.35 billion ($1.83 billion) after increasing the size of a follow-on stock offering.

IPO

The world's top IPO venue for 2018 sees worst returns in decade

(Dec 19): Hong Kong is host to the world’s busiest venue for initial public offerings this year. And the worst losses in a decade.

Fintech

DBS CEO says fintech firms need more scrutiny by regulators

(Sept 6): Regulators need to increase their scrutiny of non-bank firms that are moving into the financial business, according to the chief executive officer of DBS Group Holdings, Southeast Asia’s largest lender.

IPO

China's Meituan Dianping sets HK IPO valuation at up to US$55 bil

(Sept 3): China’s Meituan Dianping, an online food delivery-to-ticketing services platform, has set an indicative price range of HK$60 to HK$72 ($10.48-$12.58) per share for its initial public offering (IPO) in Hong Kong, valuing itself at up to US$55 b

Results

Sea loss widens on investment in Shopee e-commerce platform

(Aug 22): Sea Ltd., operator of Southeast Asia’s biggest gaming platform, posted a wider quarterly loss as it invests in building up e-commerce platform Shopee.

Startups, Entrepreneurs, Digital economy

Chinese EV maker NIO takes on Tesla

(Aug 14): NIO Inc., the electric-car maker backed by technology giant Tencent Holdings, filed for a US$1.8 billion ($2.5 billion) initial public offering as it gears up to compete against the likes of Tesla Inc.
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