Wednesday, October 28, 2020
Tags Tencent investments

Tag: Tencent investments

Tencent Plans to Invest USD$10 Billion in Europe in 2020

Chinese tech giant Tencent has revealed plans to step up investments in the European market in 2020, with an especial focus on...

Tencent’s Investment Deals Plunge 33% YoY in 2019, Investment Sum Drops by over Half

Shenzhen-based tech giant Tencent has scaled back its investments dramatically in 2019 after embarking upon a concerted purchasing spree back in 2018....

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Fake Digital Renminbi Wallets Have Already Emerged on the Chinese Market: Chinese Central Bank

Chinese regulators are already contending with the appearance of fake wallets for the statutory digital currency which is currently undergoing trial operation...

Jack Ma’s Ant Group Valued at over $313 Billion by IPO Pricing

The pricing for Ant Group's upcoming IPO in Hong Kong and Shanghai puts the value of the fintech giant at 2.1 trillion...

Yangtze River Delta Digital Financial Data Centre Will Issue Digital Renminbi

A new fintech institution launched in the eastern Chinese economic hub of the Yangtze River Delta will play a key infrastructure role...

Digital Renminbi Could Evolve into Global Currency: Ex-Bank of China Chief

Li Lihui (李礼辉), the former head of the Bank of China, believes that the development of the digital renminbi could pave the...