Tencent Holdings

Ten Big Tech Stocks Lost $4.6T Market Cap in 2022
Ten Big Tech Stocks Lost $4.6T Market Cap in 2022
January 02, 2023  |  Big Tech

The 10 top tech stocks lost a combined $4.6 trillion in market cap in 2022.  Amazon led the way by losing about $856 billion in...

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Big Tech Compliance Tracker: Europe Provides ‘Statement Of Objections’ To Apple Over App Store Rules; US States Seek Spring 2022 Trial Date In Google Case
Big Tech Compliance Tracker: Europe Provides ‘Statement Of Objections’ To Apple Over App Store Rules;...
May 10, 2021  |  Regulation

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. European Commission Provides Apple With ‘Statement Of Objections’ Over App...

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China’s Tencent Holdings’ Valuation Plunges By $62 Billion
China’s Tencent Holdings’ Valuation Plunges By $62 Billion
March 15, 2021  |  International

China-based Tencent Holdings saw its stock plunge so sharply that the company lost $62 billion in value. The loss in valuation, which occurred in Friday...

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Big Tech Compliance Tracker: Maryland Proposal Would Prohibit Big Tech From Passing Ad Tax To SMBs; Antitrust Activist Becomes Biden Adviser
Big Tech Compliance Tracker: Maryland Proposal Would Prohibit Big Tech From Passing Ad Tax To...
March 08, 2021  |  Regulation

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers.  Maryland Proposal Would Prohibit Big Tech...

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Tencent To Bolster Smart Retail, International Investments
Tencent To Bolster Smart Retail, International Investments
January 20, 2020  |  Retail

After investing in over 800 firms, Chinese tech company Tencent Holdings said it would bolster its international investments and in industries like “smart retail.” According to a...

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Tencent’s Profit Drop Drags On Chinese, Tech Stocks
Tencent’s Profit Drop Drags On Chinese, Tech Stocks
August 15, 2018  |  Earnings

There’s a saying that Wall Street does not like surprises — and certainly not earnings surprises … at least not to the downside. Case in point:...

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Flipkart Ups Its Offer For Snapdeal
Flipkart Ups Its Offer For Snapdeal
July 19, 2017  |  Retail

Flipkart, the Indian eCommerce company moved to raise its offer of to up to $950 million for Snapdeal, boosting the chances of the deal going...

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Snapdeal Holds Out For A Better Offer On Flipkart Takeover
Snapdeal Holds Out For A Better Offer On Flipkart Takeover
July 06, 2017  |  Retail

India’s second- and third-largest eCommerce firms, Flipkart and Snapdeal, have been in talks for months about a possible alliance to keep ahead of Amazon, but...

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Hike Launches Digital Payments In Its India Messaging App
Hike Launches Digital Payments In Its India Messaging App
June 21, 2017  |  Payment Methods

Hike, an India-based instant messaging company, recently updated its app to launch a new feature: a digital payments wallet. According to a report in Reuters, digital...

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