Meet Tencent, the Chinese tech behemoth that just upped its stake in Snap

 Tencent, the Chinese internet giant valued at $470 billion, may have a hand in rebooting the Snapchat app to make it more competitive with Instagram and Facebook. Off the back of some very poor financials announced this week, parent company Snap said it is retooling the messaging app “to make it easier to use.” Now Tencent, which upped its stake in Snap with the purchase of 12… Read More

Meet Tencent, the Chinese tech behemoth that just upped its stake in Snap

Tencent is best known as the parent company of WeChat. But it's so much more.

Wed 8 Nov 17 from The Washington Post

Tencent buys 10 percent stake in Snap

The Chinese internet company Tencent has acquired a 10 percent stake in Snap, with the social media company struggling to boost user growth.

Wed 8 Nov 17 from Phys.org

Chinese tech giant takes 12% stake in ailing Snap - CNET

Tencent says it wants both companies to explore opportunities in mobile games together.

Thu 9 Nov 17 from CNET

Tencent could play a role redesigning Snapchat following $2B investment

 Tencent, the Chinese internet giant valued at $470 billion, may have a hand in rebooting the Snapchat app to make it more competitive with Instagram and Facebook. Off the back of some ...

Thu 9 Nov 17 from TechCrunch

Tencent sees video games, more ads in Snapchat's future

SAN FRANCISCO/HONG KONG (Reuters) - Chinese internet giant Tencent Holdings Ltd said on Thursday it could help Snapchat owner Snap Inc publish video games and improve ad sales after acquiring ...

Thu 9 Nov 17 from Reuters Technology

Tencent says it wants to cooperate with Snap on games

HONG KONG (Reuters) - Chinese tech firm Tencent Holdings Ltd said in a statement on Thursday it wanted to use its expanded stake in Snapchat owner Snap Inc to explore cooperation on mobile games ...

Wed 8 Nov 17 from Reuters Technology

China's Tencent takes 12 percent stake in Snap as shares plunge

(Reuters) - Snap Inc said on Wednesday that Chinese tech and media investment firm Tencent Holdings Ltd had taken a 12 percent stake in the company, a day after the owner of disappearing-messaging ...

Wed 8 Nov 17 from Reuters Technology

Snap says China's Tencent holds 12 percent stake

(Reuters) - Tencent Holdings Ltd now has a 12 percent stake in Snapchat operator Snap Inc, company filings showed on Wednesday, the latest in a string of major investments in the United States ...

Wed 8 Nov 17 from Reuters Technology

Snap shares snapped up by China's Tencent for minority stake

Chinese Internet giant Tencent has paid about $2 billion for a minority stake in the struggling social media app Snap.        

Wed 8 Nov 17 from USA today

WeChat owner Tencent snapped up another 12% of Snap this month

 We already knew that Tencent, the owner of China’s messaging behemoth WeChat, was an investor in Snap when the company was still a startup going by the name of its flagship app, ...

Wed 8 Nov 17 from TechCrunch

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