by Tech Talk | Nov 17, 2022 | Articles
Tencent Holdings says it will distribute most of its stake worth R350 billion in food delivery firm Meituan to its shareholders, which include Naspers-owned Prosus, in the form of a dividend, as it posted a second straight quarterly revenue drop. Tencent, the world’s...
by Tech Talk | Sep 22, 2022 | Articles
Tencent Holdings’ buyback spree is failing to revive investor sentiment over the online gaming giant, whose shares are languishing near a 2018 low. Tencent, China’s biggest company by market capitalisation, has spent nearly US$1-billion (R17.7-billion) in...