TENCENT Volanews

CHINA Startups Ruipeng Pet Healthcare Group

Tencent Invests in China’s Largest Animal Hospital Chain New Ruipeng operates the largest pet hospital chain in China with over 1,400 centers in more than 80 cities in China, offering a slew of services including dental care, vaccinations, sterilizations, and medical treatment.

by KrAsia

2020-09-30

CHINA Startups Taimei technology

Chinese Medical Software Firm Taimei Raises USD 176 Million from Tencent, Hillhouse, Others Taimei runs TrialOS, a platform that involves the different stakeholders in the pharmaceutical sector, including hospitals, drug makers, regulators, and patients.

by KrAsia

2020-09-29

CHINA Startups Fiture

Tencent Leads $65m Series A in Chinese Fitness Tech Startup FITURE FITURE focuses on the development of smart home fitness equipment, through which it plans to offer interactive fitness courses, exercise data tracking, customised training plans, and an online user community.

by DealStreetAsia

2020-09-27

INDIA GIANT Flipkart

Tencent Invests $62.8 Mn in IPO Bound Indian Flipkart The funding is expected to be completed in two tranches over the fiscal year. The development was first flagged by data research firm Paper.vc.

by techcircle

2020-09-18

CHINA TECH GIANT TENCENT

Chinese Tencent to Set Up Singapore Office for International Business as Political Concerns Mount Tencent has been considering Singapore as a potential regional hub in addition to current offices in Malaysia, Indonesia, and Thailand.

by KrAsia

2020-09-17

CHINA GIANT Evergrande Auto

China's Evergrande Auto to Raise USD 516 Million from Tencent, Sequoia Capital, Jack Ma’s YF Capital, And Didi Chuxing The company unveiled its first ever six new energy vehicle models in August under the Hengchi brand, including sedans, SUVs, multi-purpose vehicles, and crossovers.

by KrAsia

2020-09-16

CHINA GIANT TENCENT

PUBG Cuts Ties with Chinese Tencent Games PUBG, which had over 40 million monthly active users in the country in July, said it hopes to continue to engage with its player base in India.

by KrAsia

2020-09-09

INDIA Startups Gaana

Tencent Leads $50m Funding in Indian Music Streaming Platform Gaana Following the investment, Tencent’s holding in Gaana has increased to 34.44 per cent while Times Internet’s stake has come down to 60.18 per cent, according to an Entrackr report.

by DealStreetAsia

2020-09-03

CHINA UNICORNS Yuanfudao

China Edtech Unicorn Yuanfudao Raises USD 1.2 Billion The company owns the English tutoring app “Banma” , the all-subject education app Yuanfudao, and it operates the national civil servant exam learning site “Fenbi” .

by KrAsia

2020-09-02

CHINA Startups Waterdrop.Inc

Tencent And Swiss Re Lead China's Insurtech Firm Waterdrop’s USD 230 Million Series D The Waterdrop Crowdfunding platform has raised USD 4.6 billion by the end of July 2020 from 320 million invididual donors for those with critical illness but without commercial insurance to cover them.

by KrAsia

2020-08-21

CHINA GIANT TENCENT

Chinese Tencent Acquires Stake in French Game Developer Voodoo Voodoo specializes in “hyper casual” smartphone games. The company has put out more than 100 titles and amassed a monthly user count of 300 million people as of December.

by KrAsia

2020-08-20

CHINA GIANTS PEOPLE

Forbes’ Top Chinese Ceos List Includes Names from Alibaba, Tencent And Meituan Among The Top Five The list also signifies Shenzhen’s position as a leading business center for China.

by scmp

2020-08-17

TECH GIANT CHINA TENCENT

Chinese Tencent Pushes USD 10 Billion Merger of Game-Streaming Units Huya, which is listed on the New York Stock Exchange (HUYA), and Nasdaq-listed Douyu (DOYU) have been "in talks for a merger" for months.

by KrAsia

2020-08-07

CHINA Startups Yipin Fresh

Chinese Grocery Chain Yipien Fresh Closes USD 359 Million Series C Round Led by Tencent And Today Capital Yipien runs nearly 900 fresh-food neighborhood supermarkets in 17 cities in China. It also operates an app and a WeChat mini program called Yipien Daojia, allowing online ordering and second-day delivery.

by KrAsia

2020-08-06

CHINA GIANT TENCENT

Tencent to Acquire Chinese Search Engine Sogou Tencent's plans to take Sogou private coincides with a broader trend of Chinese companies favoring privatization in 2020 amidst increasing scrutiny from US investors.

by KrAsia

2020-07-28

CHINA TECH GIANT TENCENT

Tencent Confirms Buying Ailing Malaysian Streaming Platform iflix iflix had raised over $360 million from investors including Fidelity International, Hearst Communications, EDBI and Liberty Global before.

by DealStreetAsia

2020-06-28

CHINA China concept stocks TENCENT

Tencent Makes New Bid for Chinese EV Maker Nio The cash-craving EV startup rebounded strongly from the pandemic’s impact, setting a monthly record for electric vehicles sold in May.

by KrAsia

2020-06-23

INDONESIA TECH GIANT GOJEK

Gojek Names Facebook, PayPal as New Investors in Latest Funding Round The funding round will also see the integration of PayPal service into gojek's platform.

by e27

2020-06-03

CHINA TECH GIANT TENCENT

Tencent to Invest $70b in AI, Cloud Computing and Cybersecurity Tencent shares were 2.5% higher following the announcement.

by DealStreetAsia

2020-05-27

INDIA FINTECH Startups

India-based Fintech startup Khatabook Raises $60M in Series B Led by B Capital Group The latest funding will allow Khatabook to ramp up its products and services offerings to Indian merchants, as the company builds technology solutions around financial services and a large merchant-focused distribution platform.

by YourStory

2020-05-21