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Latest Articles in tencent

UN Says Social Network Payments Now Nearly $3 Trillion in China

Alipay and WeChat Pay enabled $2.9 trillion in Chinese digital payments in 2016, a 20x growth in 4 years. Alibaba group investments has helped Paytm go from 5 million to around 200 million users in last few years.

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eBay, Tencent and Microsoft Invests $1B in Flipkart

The ecommerce industry in India is expected to grow more than 50 percent for the next several years, fueled by a new generation of people connecting to the Internet for the first time on affordable mobile phones.

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OYO Raises $90M from SoftBank and Hike Messenger Secures $175M Led by Tencent & Foxconn

India-based messaging platform Hike Messenger has raised $175 million in a Series D round of funding led by Tencent Holdings Ltd and Foxconn Technology Group at a valuation of $1.4 billion.

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Deals RoundUp: Uber, Hike, Tencent, Sequoia, Wildcraft, Basil Advisors, TGC Consulting, Paytm, Bluestone, R-comm, Aircel, GreyCampus, SoftBank, GungHo and Amazon

Amazon has tied up with e-commerce startup Storeking, which has more than 10,000 rural outlets across South India, as part of its offline shopping initiative Udaan that was launched in 2014

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