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Keywords: Tencent


Tencent unit targets up to $1.55 billion through Kuaishou share sale

A subsidiary of Tencent Holdings is seeking to raise as much as $1.55 billion by selling part of its stake in Kuaishou Technology, according to a term sheet reviewed by Reuters, in a move that could become one of the largest secondary share offerings in Hong Kong’s technology sector this year. The......

CXMT secures multi-billion-dollar memory chip supply agreement with tencent ahead of planned IPO

Chinese memory chip manufacturer ChangXin Memory Technologies has reportedly secured a long-term supply agreement worth more than 20 billion yuan (approximately US$2.94 billion) with Tencent Holdings, reinforcing its position in China’s rapidly expanding semiconductor industry. According to sources......

DeepSeek targets $7.4 billion first external funding round

DeepSeek is preparing to raise about $7.4 billion in its first external financing round, marking one of the largest early-stage fundraising efforts in the global artificial intelligence sector. The Chinese AI developer is targeting a valuation between $52 billion and $59 billion, reflecting a rapid re-rating......

Tencent and Alibaba eye DeepSeek stake at over $20 billion valuation

Tencent and Alibaba are in talks to invest in AI startup DeepSeek at a valuation exceeding $20 billion, marking a sharp increase from earlier expectations and signaling rising competition for strategic positions in China’s AI sector. The discussions would represent the first external funding round......

Tencent integrates WeChat with OpenClaw AI agent amid China tech battle

China’s tech giant Tencent has launched a new tool integrating its popular messaging platform WeChat with the open-source AI agent OpenClaw. Named ClawBot, the feature appears as a contact within WeChat, enabling users—over 1 billion monthly active—to interact directly with the AI. Through......

Tencent reports record revenue and shifts buyback funds to AI

Tencent Holdings reported strong financial results for the fourth quarter of 2025, with revenue reaching 194.4 billion yuan, or about 28.3 billion dollars, marking a 13 percent increase from a year earlier and slightly exceeding analyst forecasts. Net profit attributable to shareholders rose 14 percent......

Tencent to integrate Ai agents into WeChat ecosystem

Chinese tech giant Tencent has announced plans to introduce artificial intelligence agents into its flagship application WeChat, marking a new step in the evolution of digital services. The company revealed that these AI-powered agents will be designed to perform practical tasks for users, such as sending......

Ubisoft staff end three day strike over layoffs and office mandate

More than 1,200 Ubisoft employees in France and Italy have concluded a three day strike launched to protest job cuts, studio closures and a mandatory return to office policy that unions say is designed to pressure workers into resigning. The walkout began on February 10 and was organized by five French......

US Expands List of Chinese Companies Linked to Military Ties

The U.S. Department of Defense has added several prominent Chinese companies to its list of entities allegedly connected to China’s military. These include Tencent, the leading gaming and social media company, and CATL, the largest global electric vehicle battery manufacturer. Other companies listed......

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