Browsing Tag
Tencent
13 posts
Why is Funcom shrinking after Dune: Awakening completed its biggest launch cycle?
Funcom is reducing its workforce and changing chief executives as Dune: Awakening moves beyond peak development, testing whether a smaller organization can support two major live-game franchises.
Tencent confirms unintended AI-agent behaviour after attempts to access Alibaba’s Amap
Tencent acknowledged unintended browsing behaviour by AI agents used to evaluate third-party models, following research describing thousands of attempts to retrieve information from Alibaba's Amap service.
Shein finally got its IPO, but the valuation tells a very different story from the one private investors bought
Shein is set to enter Hong Kong’s public market at about $26.5 billion, far below its 2022 private-market peak. The discounted valuation may improve the entry point for new shareholders, but slower growth, weaker margins and up to $3.5 billion of payments linked to earlier preferred shares expose how expensive the company’s long-delayed IPO has become.
Lovable is now worth $13.3bn, but its biggest test starts after the app is built
Swedish AI software company Lovable has doubled its valuation to $13.3 billion just eight months after its previous funding round. The $400 million Series C gives Lovable more capital to turn AI-assisted app creation into a broader platform for running businesses, but the valuation increasingly depends on revenue quality, infrastructure economics and enterprise adoption rather than headline project creation.
Prosus expects up to 28% core EPS growth as PRX trades near its 52-week low
Prosus has delivered profitability across every ecommerce ecosystem, but its shares remain close to a 52-week low as investors weigh operating progress against Tencent dependence, acquisition risk and the persistent holding-company discount.
Why Nvidia’s $7,000 RTX6000D is struggling to win buyers in China’s AI race
Nvidia’s RTX6000D chip sees weak demand in China as major tech firms balk at price and performance trade-offs. Can it gain traction under export curbs?
Tencent bond sale 2025: why its first deal in four years could redefine China tech funding and AI growth
Tencent (HKEX: 0700) breaks four-year silence with dim sum bond issue—find out why this funding move could reshape its AI and cloud strategy.
Esports World Cup Foundation unveils Esports Nations Cup, a global national team tournament set for 2026
Esports World Cup Foundation unveils the Esports Nations Cup, a biennial national team tournament debuting in Riyadh in 2026. Find out what it means for esports.
Horizon Quantum Computing raises $18.1m in Series A to accelerate software development for quantum era
Find out how Horizon Quantum Computing’s $18.1M Series A is paving the way for quantum programming tools that developers can actually use today.
Fintech platform Airwallex raises $100m funding at $5.5bn valuation
Airwallex has raised $100m in a Series E extension funding round that valued the Australian fintech company at…