Tag: Tencent

Finance, Mergers and Acquisitions

Here’s Where Tecent Is Raising $850 Million for Its Supercell Purchase

October 17, 2016

Via: Fortune

Tencent Holdings said a consortium formed to buy game developer Supercell has raised $850 million by selling new shares to investors including Chinese state-owned investment firms AVIC Capital and CITIC Capital. Tencent TCEHY 0.67% , China’s biggest gaming groupagreed in […]


Samsung and Tencent in race to become Asia’s most valuable firm

August 25, 2016

Via: Venture Beat

Tencent Holdings and Samsung Electronics are racing to be crowned Asia’s most valuable company as expectations for robust earnings growth push their share prices to record highs. Their surge – both have gained by a third this year – has […]