Tencent

Tencent

Tencent is a chinese technology company founded in 1998 by Ma Huateng, Zhang Zhidong and Chen Yidan.

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Timeline

May 1, 2020

Tencent Holdings buys a 5% stake in Afterpay Ltd, the Australian buy-now-pay-later firm.

November 6, 2019

Tencent launches video chat social app Maohu

June 14, 2019

Tencent launches first overseas video streaming service in Thailand.

May 22, 2019

Tencent launches a new education brand "Tencent Education".

April 1, 2019

Tencent increases its Global Medium Term Note Programme limit to $20 billion from $10 billion.

Funded Companies

Company
Description
Industry
Website
Location
Nubank

Nubank is a financial technology company based in Brazil issuing, administrating, processing and transfering payments related to post-paid credit cards and equity investments.

Udaan is an Indian business-to-business e-commerce company based in Bengalore. It was registered as Hiveloop Technology pvt.ltd. in 2016.

Snapchat, a product of Snap Inc., is a free image messaging application and augmented reality platform.

N26 is a is a mobile banking company headquartered in Berlin, Germany.

A software company making communication software for instantly sharing videos.

Everledger is a supply chain and asset tracking company using blockchain to store records of valuable assets like diamonds.

Moon Express is a privately held American company that develops robotic spacecraft

Satellogic is a company that looks to reducing the barriers to obtain real-time satellite data and provide access to space-based services

A company that has created a mobile application that can be used for security purposes in gated communities in India. It was founded in 2016 and is located in Bangalore, India.

Policybazaar is a company operating as an insurance aggregator website. It provides comparative analysis of insurance products and financial services from insurance companies.

Company working on in vitro diagnostics based in Canada.

Swiggy is a food ordering and delivery company providing food service solutions for restaurants.

Reddit is an online platform for social news. It allows communities to submit links, create content, and discuss any topic of their interest.

Discord is a company providing voice, video and text chat application designed for gamers.

Momenta is a Beijing-based startup that designs software for autonomous vehicles.

Fab is an e-commerce company founded by Jason Goldberg.

Smule is a company that helps develop music creation applications that connect peo

Lilium is a Munich-based startup developing an on-demand, all-electric, vertical take-off and landing air taxi service.

98 Results
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People

Name
Role
LinkedIn

Brad Bao

Employee

David Wallerstein

Employee

Eleanor Chang

Employee

Louis Fu

Employee

Muzzammil Zaveri (MZ)

Employee

xubo zhang

Employee

Further reading

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Documentaries, videos and podcasts

Title
Date
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Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Rita Liao
November 23, 2020
TechCrunch
In a much-anticipated move, California-based gaming firm Roblox filed to go public last week. One aspect driving the future growth of the children- and community-focused gaming platform is its China entry, which it fleshes out in detail for the first time in its IPO prospectus. Like all gaming companies entering China, Roblox must work with [...]
Robin Wauters
November 19, 2020
Tech.eu
Milan, Italy-based mobile/digital payment platform Satispay has secured €93 million euros in funding in a Series C round co-led by Tencent, Square, Telecom Italia's TIM Ventures, LGT Lightstone and other investors. Square, the payments company run by Jack Dorsey, has reportedly invested about €15 million in the round. After the investment round, the post-money valuation [...]
Dinesh Nair
November 19, 2020
DealStreetAsia
Udemy had been looking to raise $100 million in new funding.
Katie Roof, Dinesh Nair, Loni Prinsloo and Crystal Tse | Bloomberg
November 18, 2020
@bsindia
Investors were also told by Udemy that the company could pursue an initial public offering next year
Liya Su
November 16, 2020
DealStreetAsia
The total corpus raised by the company stands at $129 million.
Pei Li
November 12, 2020
DealStreetAsia
Revenue rose 29% to $19b in the September quarter.
Rita Liao
November 10, 2020
TechCrunch
As Ant Group seizes the world's attention with its record initial public offering, which was abruptly called off by Beijing, investors and analysts are revisiting Tencent's fintech interests, recognized as Ant's archrival in China. It's somewhat complicated to do this, not least because they are sprawled across a number of Tencent properties and, unlike Ant, [...]
October 30, 2020
The Indian Express
Tencent has officially announced that "all service and access" to PUBG MOBILE Nordic Map: Livik and PUBG MOBILE Lite will shut in India starting October 30.
Reuters
November 2, 2020
The Hindu
The moves come as the world's most lucrative mobile game celebrates its fifth anniversary and faces a challenge from a mobile version of League of Legends, the world's most popular desktop game.
Rita Liao
November 2, 2020
TechCrunch
At its five-year anniversary gala graced by celebrities, esports stars and orchestras, Tencent's mobile game Honor of Kings said it has crossed 100 million daily active users. The title has not only broken user records but generated other unprecedented accomplishments along the way. For one, it consistently ranks among the top-grossing mobile games worldwide, jostling [...]
BBC News
September 8, 2020
BBC News
The popular video game was one of 118 apps blacklisted by the Indian government last week.
BBC News
September 2, 2020
BBC News
The list of forbidden products includes the popular video game PUBG and search giant Baidu's app.
Press Trust of India
August 26, 2020
@bsindia
Venture capital fund Sequoia Capital India is the top backer of unicorns, or firms which have attained a valuation of over USD 1 billion, a report said on Wednesday.
Rita Liao
August 17, 2020
TechCrunch
Tencent just added another portfolio member to its expanding global gaming empire, this time, to up its game in mobile casual plays. Voodoo, the French company behind a slew of popular casual games, announced Monday that Tencent has become a minority shareholder in its business valued at $1.4 billion. The company did not disclose the [...]
Anthony Ha
August 11, 2020
TechCrunch
Google is using accelerometers in an interesting new way, Twitter allows everyone to limit tweet replies and Mozilla announces major layoffs. This is your Daily Crunch for August 11, 2020. The big story: Android phones become earthquake detectors Google said that smartphone accelerometers are sensitive enough to detect P-waves, which are the first waves to [...]
Rita Liao
August 11, 2020
TechCrunch
Digital entertainment titan Tencent continues to drum up its music ambitions. On Tuesday, Tencent Music Entertainment, majority-owned by Tencent with a 55.6% stake, announced establishing a new joint label with its licensing partner Universal Music Group to discover, develop and promote Chinese artists domestically and to the world. TME, which spun off from Tencent and [...]
Rita Liao
August 11, 2020
TechCrunch
The war between two of China's largest esports companies may soon come to a truce at the will of their investor Tencent. Tencent, the world's biggest games publisher, announced late Monday a proposal to consolidate Douyu and Huya, the competing livestreaming sites focused on video games. Rather than paying in cash, the deal will see [...]
Zoe Kleinman
August 7, 2020
BBC News
The Chinese firm's investments include Fortnite, Tesla and Universal Music - but it's under fire in the US.
Paul Mozur and Raymond Zhong
August 7, 2020
www.nytimes.com
The all-purpose app, which the administration is restricting along with TikTok, is how many Chinese living abroad stay in touch with each other, and with people back home.
Bloomberg
August 5, 2020
@bsindia
After a rocky first year of trading, Seas stock has gone on to trounce everything in its class
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References

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