China’s online travel industry is expected to grow 18% to US$143 billion of transactions this year, according to consultancy iResearch.
The Chinese gaming giant's net income rose significantly in the three months ended March, beating estimates and giving their investors assurance that the company is rebounding upwards.
The Switch has become a huge global seller, helped by the release of innovative, family-friendly titles that have wowed critics and gamers alike.
Tencent could prove an invaluable ally for the Kyoto-based company in China.
Tencent’s executives said during earnings call in March the company plans to continue to spend big for content acquirement and production.
The move comes as Tencent climbs out of one of its deepest troughs.
Futu is the fourth-largest online retail broker in Hong Kong-based on revenue for the six months through June of the previous year.
Universal Music is expected to generate roughly 1.5 billion euros of free cash flow excluding interest payments in 2023.
China's gaming firms are able to continue filing applications which built up backlog as well as the possibility of handing out new titles without any income earned.
The popular social news website is known for ask-me-anything sessions.
Tencent-owned WeChat said the tally marked a 7% rise over the same period in 2018.
Google, Tencent and JD.com have invested in Go-Jek earlier.
Maoyan was valued at about US$3 billion at the time of Tencent's investment.
The Tencent games are Wood Joints and Folding Fan, both educational games that teach traditional Chinese architecture and craftsmanship.
Tencent's Tiantian Kuaibao news app was accused of spreading 'vulgar and low-brow information harmful and damaging to the internet ecosystem.
Maoyan Entertainment secured two cornerstone investors for its IPO - IMAX Hong Kong and Welight Capital.
The IPO is one of several in US by big Chinese technology firms including Alibaba and Baidu.
The investor is seeking a return of parts of his equity stakes and compensation for the gains he might have realized.
Tencent Music Entertainment is looking to raise between US$1.07 billion and US$1.23 billion in a New York Stock Exchange IPO.
China's financial markets may level off in the near term as caution grows ahead of high-stakes talks between China's President Xi Jinping and US President Donald Trump during a G20 meeting in Argentina.
Founder Lei Jun describes Xiaomi as an innovation-driven internet company, yet that’s only accounted for an average 9.2% of total revenue in the past two quarters.
WeChat is cutting limits on official accounts - akin to verified Twitter accounts through which individuals and companies share news and information - to just one per person and two per company.
Tencent's earnings were hotly anticipated after the company posted a 2% year-on-year fall in profit in the preceding quarter.
Tongcheng-Elong had earlier been seeking to raise up to US$1 billion, but weak markets and a slide in Ctrip's share price forced it to slash the size of the IPO.