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 ...

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 ...

In a statement issued on Wednesday, U.S.-listed Sea said Tencent and its affiliates, which together hold a 21.3% stake in the company, had given an irrevocable notice to convert its entire Class B ...

Shares of Tencent Holdings (TCEHY-2.53%), Sea Limited (SE 0.78%), and Baidu (BIDU-3.68%) were soaring today, with each stock up either in the high single digits or double digits at their highs ...

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.

Tencent sold 14.5 million shares in Sea Ltd at $208 each in a block trade, according to a term sheet reviewed by Reuters. Sea and Tencent did not immediately respond to a request for comment from ...

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.

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 ...

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.

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.