Tag archive for ‘Tencent’
News Brief On Thursday, September 17th, 2015

Uber’s Chinese Rival Didi Kuaidi Funds Uber’s U.S. Rival Lyft

  Uber may have met its match in its Chinese rival, Didi Kuaidi. In Didi’s latest move, the Asian ride-hailing service invested an undisclosed sum in Uber’s American rival, Lyft , co-found by logan More...

Roy Goldenberg On Wednesday, January 28th, 2015

Mobli founder Moshe Hogeg launches new $102 million VC fund

Chinese Internet giants, Tencent and Renren, are leading the investment in Moshe Hogeg’s second investment fund.   Chinese Internet giants Tencent Holding Group and Renren are leading investment in More...

Reuters On Tuesday, December 2nd, 2014

China to fine Internet firms Tencent, Baidu for porn: Xinhua

– China’s ministry of culture said it would fine 11 Internet companies including Tencent Holdings and Baidu for spreading pornography and violence, state news agency Xinhua said on Tuesday. China More...

Reuters On Tuesday, December 2nd, 2014

Alibaba, Tencent chairmen invest in China’s Ping An Insurance

–   The founders of Alibaba Group Holding Ltd and Tencent Holdings Ltd were among a consortium of investors who purchased stakes in Ping An Insurance Group Co of China Ltd in a HK$36.5 billion ($4.7 More...

Reuters On Saturday, November 22nd, 2014

Alibaba Prints Jumbo Deal without China Premium

– Alibaba Group Holding sold the largest bond by an Asian company last night via a $8 billion six-tranche offering. The tight pricing achieved on the deal led many to believe the US-listed Chinese ecommerce More...

Tibi Singer On Thursday, August 7th, 2014

Jason Goldberg’s Fab.com Looking to Flash Sell Self

– Failing flash-sale, e-commerce company Fab.com is kind of going out of business, Forbes reported. Fab.com CEO Jason Goldberg sent out the following email, cited by Forbes: “We recently announced More...

Albert Hecht On Saturday, July 27th, 2013

Activision Blizzard & Robert Kotick Led Investment Group Put Up US$8.2 Billion to Buy Back Control From Vivendi

– Bobby Kotick / Wikipedia – /By Albert Hecht/ Activision Blizzard and an investment group led by its Chief Executive Officer Robert Kotick announced on Thursday a deal to buy out a big portion of More...

Albert Hecht On Thursday, June 20th, 2013

Jason Goldberg raises $150-250 million cash for Fab.com

–  Jason Goldberg / Bloomberg –  /By Albert Hecht/ Goldberg, a self-confessed serial entrepreneur believes he has found his dream start-up in Fab.com , that markets designer clothes online More...

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