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Chinese gaming and social media company Tencent Holdings Ltd has raised $3 billion by selling 14.5 million shares at $208 each in Sea, which owns e-commerce firm Shopee, according to a term sheet ...
Chinese gaming and social media company Tencent Holdings Ltd on Wednesday sold a stake worth $3.01 billion in Singapore-based gaming and e-commerce firm Sea Ltd .
Tencent's stake in Singapore-based e-commerce operator Sea will drop from 21.3% to 18.7%, and voting power reduced to less than 10%, following the sale of 14.5 million shares worth about $3 billion.
Shares of Sea Ltd. (NYSE: SE) plunged more than 11% on Tuesday after news that the Chinese social and video gaming company Tencent Holdings Ltd. (TCEHY) seeks to reduce its stake. According to ...
Hong Kong-Tencent Holdings and Sea are signalling that the US$200 billion (S$270 billion) video gaming industry, which in 2022 endured one of its worst slumps on record, is in for an even rockier ...
Southeast Asia’s most valuable listed company, Sea Ltd., is raising at least $6 billion in new funds, capitalizing on investor enthusiasm for the region’s fast-growing technology industry.
Tencent, one of the biggest Chinese internet businesses, said it is selling about 14.5 million shares of Sea Ltd., SE 1.91 % increase; green up pointing triangle a company that runs a popular e ...
Shares in Sea fell more than 11 per cent on Tuesday after Chinese internet group Tencent said it would sell more than $3bn of its stock in the New York-listed Singaporean gaming and ecommerce group.
Tencent has announced today that it has acquired California-based developer Turtle Rock Studios, the developer of Back 4 Blood and the Left 4 Dead series.. A press release sent out today notes ...
Tencent Holdings and Sea are signaling that the $200 billion gaming industry, which in 2022 endured one of its worst slumps on record, is in for an even rockier year.
SINGAPORE (Reuters) – Chinese gaming and social media company Tencent Holdings Ltd has raised $3 billion by selling 14.5 million shares at $208 each in Sea, which owns e-commerce firm Shopee ...
Jan 5 (Reuters) - Chinese gaming and social media company Tencent Holdings Ltd 0700.HK on Wednesday sold a stake worth $3.01 billion in Singapore-based gaming and e-commerce firm Sea Ltd SE.N ...
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