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Tag: tencent
JD.com and Tencent invest US$863m to boost fashion offering
2017-12-18 11:19:00| Daily apparel & textile news and comment - from just-style.com
Chinese internet giants JD.com and Tencent are to invest US$863m in Vipshop, a leading online discount retailer for brands in the country, in a bid to boost the companies' respective fashion businesses.
Tags: fashion
offering
invest
boost
Spotify, Tencent take a piece of each other
2017-12-11 06:25:00| Telecompaper Headlines
(Telecompaper) Spotify and Tencent said they have made equity investments in each other, with the aim of strengthening relationships between the company's music streaming platforms. Under the deal, Spotify and Tencent Music Entertainment Group (TME), a unit of the Chinese internet company, will take an minority stake in each other, for cash. Tencent will also invest in Spotify through secondary purchases.
Tags: other
piece
tencent
spotify
Spotify and Tencent Music buy stake in each other
2017-12-08 16:55:29| BBC News | Business | UK Edition
Two of the world's most popular online music streaming services are buying shares in one another.
Tencent chief 'richer than Google founders'
2017-11-21 13:02:23| BBC News | Business | UK Edition
Ma Huateng's company is the first Asian firm to reach a market value of more than $500bn.
Tags: google
chief
founders
richer
China's Spotify: How Tencent leads the music streaming market
2017-10-11 01:48:30| BBC News | Business | UK Edition
Chinese tech giant Tencent is dominating the music streaming market after clamping down on piracy.
Tags: music
market
leads
streaming
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