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The deal could help Tencent secure long-term control over popular intellectual property and expand its presence in the South Korean gaming market.
Tencent Holdings Ltd. is studying a potential deal for Nexon Co., as the Chinese internet giant looks for ways to bolster its lucrative gaming operations, people with knowledge of the matter said.
Ximalaya, a platform for podcasts, audiobooks and music, could enhance Tencent Music’s competitiveness in the audio content market.
Tencent Music Entertainment Group has agreed to buy Chinese podcasting startup Ximalaya Inc. for $1.3 billion in cash plus an issuance of stock, a deal that propels its ambition to become China ...
Investing.com -- Tencent Music Entertainment Group (NYSE:TME) shares rose 5.4% on Tuesday following news that the company will acquire Chinese podcast platform Ximalaya in a $2.4 billion cash-and ...
Tencent Music Entertainment said it plans to acquire Ximalaya, a Shanghai-based service for streaming podcasts and audiobooks, for $2.4 billion.
Chinese games giant Tencent buys 15% stake in Helldivers developer Arrowhead Games, a studio that recently spoke about self-funding their new game.
Arrowhead Game Studios, the developer behind the enormously successful Helldivers 2, has a new stakeholder in Chinese conglomerate Tencent. The company has just acquired 15.75 per cent of shares ...
With a 9.7% stake, Tencent’s online music arm will become the second-largest shareholder of SM Entertainment, known for major K-pop acts such as Aespa and NCT.
Tencent Music acquired a 2% stake in Universal Music Group worth $327 million in March, the company said on Tuesday (May 13).
Tencent's shares have risen 21% so far this year after rising 19% in the first quarter as investors cheer its AI investments.
Tencent has left a mark on the video games industry, investing in a variety of high-profile developers over the years.