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According to the company's draft red herring prospectus (DRHP), Prosus invested nearly Rs 9,055 crore ($1.07 billion) in the online food platform and made Rs 26,927 crore ($3.2 billion) in IPO, thus netting a $2.12 billion profit from its investment.

Prosus, Tencent made billions of dollars in Swiggy IPO

Shenzhen-based Tencent through its affiliate Tencent Cloud Europe BV offloaded the shares of PB Fintech on the National Stock Exchange (NSE).

Tencent sells PB Fintech's shares for Rs 415 crore 

The draft rules would require developers to limit the amount of money players can spend in-game.The rules would also ban incentives such as daily sign-in rewards as well as large tips to game streamers.

$46 billion wiped off Tencent's market cap after China's draft rule to curb gaming

Governor of US' Virginia bans Chinese-owned apps TikTok and WeChat from state computers, calls them 'threat to national security'

The transaction was completed on October 26, 2021 and was shared with the government authorities at the beginning of the current financial year.

Tencent buys stake worth USD 264 million in Flipkart from co-founder Binny Bansal

The US has added sites operated by Chinese technology giants Alibaba and Tencent to its "Notorious Markets List" of businesses it believes are involved with trading counterfeit goods, the BBC reported.

US adds Alibaba, Tencent to list of businesses that trade counterfeit goods 

Tencent said on Thursday it will distribute HK$127.69 billion ($16.37 billion) worth of its JD.com stake to shareholders, slashing its holding in China`s second-biggest e-commerce company to 2.3% from around 17% now and losing its spot as JD.com`s biggest shareholder to Walmart.

Tencent shareholders get $16.4 billion windfall as JD.com stake given as dividend

Chinese multinational Tencent-owned WeChat is soon launching a UPI application for payments.

After MiPay, this UPI payment app set to enter Indian market

South Korean publisher Netmarble Corp was not offered to join the preliminary bidding, but formed a consortium with MBK Partners to bid for Nexon, according to the report which cited investment banking sources.&nbsp;

Tencent, Kakao among shortlisted bidders for S.Korean gaming firm Nexon: Korea Economic Daily  

The curbs are the latest challenge for Tencent, China`s largest gaming and social media firm, which earlier this month blamed a freeze on new game approvals for the technology giant`s first quarterly profit fall in nearly 13 years.

Tencent loses $20 billion in value after China fights myopia with gaming curbs

The all-in-one app, known as Weixin in China, is a daily necessity for most Chinese, bringing together messaging, social media, mobile payment, games, news and other services

This amazing thing happened to WeChat app; here is where big boost came from

Artificial intelligence, especially machine learning, has been an area of intense focus for American tech stalwarts Google, Microsoft and Facebook, and their Chinese competitors Alibaba, Tencent and Baidu as they bid to master what many consider is the future of computing.

Google opens AI centre in China as competition heats up

Investors concerned about high valuations took the top off the tech sector, where stocks such as Facebook, Alphabet, Tencent and Alibaba have reached prices some describe as "eye-watering".

&nbsp;

Global Markets: Tech tremors spread to financials to spoil global rally

Once this round of funding goes through it is expected to help Ola go up against global giant Uber.

Ola Cabs may receive $2 billion in fresh round of funding from SoftBank, Tencent

Tencent Mobility, a unit of Chinese internet company Tencent, will subscribe for 207.5 million new Hong Kong-listed shares of CICC at a price of HK$13.80 per share, representing an 11%&nbsp;discount to the stock`s Wednesday closing price.

Tencent to take about 5% stake in investment bank CICC for $367 million

SoftBank Vision Fund is now the largest shareholder in Flipkart after its latest round of funding. 
&nbsp;

Flipkart now valued at $11.6 billion after Softbank's $2.4 billion

Japan's SoftBank&nbsp;is seeking to secure a piece of India`s industry leaders in everything from payment systems to online shopping and groceries, in a series of deals that would shake up the $65 billion sector, cited the sources with direct knowledge of the matter.

Japan's SoftBank plans to increase stakes in India's e-commerce biz; looks to play consolidator in online shake-up

Ola has raised about Rs 1,675 crore in a fresh funding round from Japan's SoftBank in order to compete&nbsp;with its rival taxi aggregator Uber in India.&nbsp;

To compete with Uber, Ola raises over Rs 1,600 crore in fresh funding from SoftBank

Online healthcare platform Practo raises $55 million in fresh funding

India`s oldest travel website operator MakeMyTrip Ltd&nbsp;said it would buy rival ibibo Group to create the biggest player in the fast-growing flight, hotel and bus bookings market in the country.

MakeMyTrip expands in fast-growing market with ibibo buy

tencent

According to the company's draft red herring prospectus (DRHP), Prosus invested nearly Rs 9,055 crore ($1.07 billion) in the online food platform and made Rs 26,927 crore ($3.2 billion) in IPO, thus netting a $2.12 billion profit from its investment.

Shenzhen-based Tencent through its affiliate Tencent Cloud Europe BV offloaded the shares of PB Fintech on the National Stock Exchange (NSE).

The draft rules would require developers to limit the amount of money players can spend in-game.The rules would also ban incentives such as daily sign-in rewards as well as large tips to game streamers.

The transaction was completed on October 26, 2021 and was shared with the government authorities at the beginning of the current financial year.

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Tencent

Prosus, Tencent made billions of dollars in Swiggy IPO

Tencent sells PB Fintech's shares for Rs 415 crore

$46 billion wiped off Tencent's market cap after China's draft rule to curb gaming

Governor of US' Virginia bans Chinese-owned apps TikTok and WeChat from state computers, calls them 'threat to national security'

Tencent buys stake worth USD 264 million in Flipkart from co-founder Binny Bansal

US adds Alibaba, Tencent to list of businesses that trade counterfeit goods

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Big wins for Zee Business at 17th ENBA Awards, bags 11 honours

Nifty 50, Nifty Midcap 150 emerge as top indices in November: Report

Good news for homebuyers ! 17,000 Navi Mumbai CIDCO homes now cheaper by 10%

IndiGo operates over 2,000 flights for second consecutive day after operational disruptions

SBI cuts lending and retail deposit rates—Here’s what changes from Dec 15

CBDT cracks down on bogus ITR deductions, flags fake donation claims