Sources: Tencent and Alibaba are in talks to invest in DeepSeek at a $20B+ valuation, partly benchmarked against Moonshot's pending round at an $18B valuation
Chinese tech giants Tencent Holdings and Alibaba Group are in talks to invest in DeepSeek, the AI upstart that recently started fundraising …
Sources: Tencent cuts its 300-strong metaverse unit and drops VR hardware plans due to trouble achieving quick profitability and the need for a big investment
Tencent Holdings (0700.HK) is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts …
Tencent to buy British video game developer Sumo Games for $1.27B, a 43% premium on Sumo's Friday closing price
Chinese tech giant Tencent Holdings (0700.HK) will buy video game company Sumo Group (SUMO.L) in a deal that values the British firm at 919 million pounds ($1.27 billion), the companies said on Monday...
Tencent Holdings and SoftBank Group both dispute reports of their involvement in the pre-IPO investment round of Chinese cryptocurrency mining giant Bitmain
League of Legends developer Riot Games is now owned entirely by Tencent
Riot Games now owned entirely by Tencent — The League of Legends studio's remaining shares have been bought up Riot Games, the developer of League of Legends, has sold its remaining equity to Chines...
League of Legends developer Riot Games is now owned entirely by Tencent
Riot Games now owned entirely by Tencent — The League of Legends studio's remaining shares have been bought up Riot Games, the developer of League of Legends, has sold its remaining equity to Chines...