China's Tencent posts Q2 profit surge

Chinese Internet giant Tencent posted a second-quarter net profit increase of 32 percent on Wednesday, despite a decelerating domestic economy.

China's Tencent quarterly profit rises 32%

Chinese Internet giant Tencent on Wednesday posted a third quarter net profit increase of 32 percent, benefiting from the popularity of its instant messaging services and online games.

China's Tencent 2014 net profit up 54 percent

Chinese Internet giant Tencent said its net profit was up 54 percent at 23.81 billion yuan ($3.82 billion) in 2014 helped by "rapid development" of mobile gaming and social networking.

Chinese e-commerce rivals challenge Alibaba (Update)

China's biggest property developer, Wanda Group, and Internet giants Baidu and Tencent unveiled a new e-commerce venture Friday in a challenge to industry leader Alibaba Group ahead of its U.S. stock offering.

Tencent Music raises $1 billion in US IPO

Tencent Music, the streaming division of Chinese technology giant Tencent, said Tuesday it will raise $1.07 billion from the pricing of its US public share offering.

China's Tencent draws $41 bn orders for $5 bn bond sale

Chinese gaming and social media titan Tencent has raised $5 billion in a bond issue which attracted orders totalling more than $41 billion for its biggest dollar-denominated sale so far, Bloomberg reported Friday.

China's Tencent becomes more valuable than Facebook

Chinese social media and video game giant Tencent became more valuable than Facebook on Tuesday as investors sent the company soaring into the top five of the world's biggest firms.

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