Shares of Tencent Music Entertainment (TTD) fell 10% in the U.S. on Tuesday after it reported third-quarter results that did not live up to Wall Street expectations. The Shenzen-based company ...
There’s having a dominating market presence, and then there’s what Tencent has with WeChat, the super-app that, among other things, serves as one of China’s two leading payment services.
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Tencent says it's not a Chinese military company and is willing to sue the US Department of Defense if it isn't removed from a blacklistEarlier this week the US Department of Defense added a new batch of companies to its Chinese military companies blacklist. While inclusion on the list comes with no sanctions, it does have a ...
Tencent has overtaken ecommerce giant Alibaba as China's most valuable technology company, CNBC reports. The investment holding company, which owns instant messaging app WeChat and other internet ...
The U.S. Department of Defense added Tencent, Huawei ... and Ford (F), was also designated as a Chinese military company and its Shenzhen-listed shares fell 2.8% on Tuesday.
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