A display at the World Artificial Intelligence Conference (WAIC) in Shanghai, China, on Friday, Sept. 2, 2022. Bloomberg | Bloomberg | Getty Images BEIJING — The business story of ChatGPT right now is...
Tag: Tencent Holdings Ltd
Tesla shareholder Tencent backs Elon Musk despite Twitter distraction
A Tesla store in Changzhou, China, in April 2022. Tencent, known as one of the world’s largest gaming and social media firms, invested in Tesla in 2017, taking a 5% stake for around $1.78 billio...
Founders of billion-dollar company from India share tips for success
Harsh Jain says it’s an “open secret” that he doesn’t use his own fantasy sports app — for fantasy football, at least. “I am still committed to fantasy football on Fanta...
How the CNBC Stock World Cup 2022 works
Zoom In IconArrows pointing outwards CNBC World Stock Cup 2022 CNBC Asia From Apple to Tencent, LVMH to BHP, Naspers to Netflix. As we head into the World Cup season, CNBC will be taking a look at som...
Singapore’s Temasek leads investment in Chinese start-up Well-Link
In just three years, Beijing-based Well-Link Technologies has built a business on real-time cloud rendering, including helping miHoYo launch the cloud version of the hit game Genshin Impact. Ina Fassb...
U.S. delisting risk for Chinese ADR stocks halves after deal
The China Securities Regulatory Commission and U.S. Public Company Accounting Oversight Board announced Friday both sides signed an agreement for cooperation on inspecting the audit work papers of U.S...
Goldman Sachs cuts earnings outlook for MSCI China to zero growth
In China, people typically buy apartments before they are completed. Pictured here on June 28, 2022, are unfinished residences in Nanning, Guangxi Zhuang Autonomous Region. Future Publishing | Future ...
Tencent wants to be foreign automakers’ go-to company for EVs in China
BMW’s iX electric SUV in China was the first global car brand to include the automobile version of Tencent’s WeChat messaging app, according to the Chinese tech company. Tencent BEIJING — ...
Here’s what China’s Alibaba and Kuaishou say about the economy
Across five major e-commerce platforms’ GMV, Alibaba’s market share fell by 6% in the first quarter versus the fourth, according to Bernstein analysis. Str | Afp | Getty Images BEIJING — A...
Alibaba, Tencent and JD.com post slowest revenue growth on record
Alibaba, whose headquarters are pictured here on May 26, said its online physical goods GMV in China, excluding unpaid orders, fell further in April, with a “low teens” decline from a year...
Shopee, Garena post strong revenue
Singapore, Singapore – 2021: A large Shopee logo at the entrance to the e-commerce platform’s headquarters at Science Park. (Exact photography date unknown due to incorrect camera settings...
China’s Tencent exploring a financial holding company for WeChat Pay
An image of WeChat Pay in action. Zhang Peng | LightRocket | Getty Images Chinese tech giant Tencent is exploring whether regulators will require it to create a financial holding company to house is f...
China ADSs are flying as fading regulatory headwinds send iQIYI, NIO and Alibaba stocks surging
The U.S.-listed shares of China-based companies, surged Tuesday, particularly in the internet sector, as an apparent reduction of regulatory scrutiny has emboldened Wall Street analysts and investors ...