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2 mins read
India's once-hot startup Byju's was valued at $22 billion. Now, BlackRock says its investment is worth nothing.
The Indian company, once valued at $22 billion, is facing legal and financial troubles. HSBC just w…
Shubhangi Goel
1 min read
TikTok owner ByteDance slashes thousands of jobs
TikTok's China-based owner ByteDance has laid off hundreds of workers across multiple departments, …
6 mins read
Twitter, Tiger Global, Tencent and others have pumped in over $900 million into India’s vernacular social media platforms in a year
After InShorts’ Public app, Bengaluru-based Lokal app is the latest desi social media platform to g…
2 mins read
Amid India-China standoff, Tencent is back with an investment in Flipkart
Flipkart has not yet responded to Business Insider’s queries. The story will be updated as a…
3 mins read
Tencent joins Alibaba and Bytedance in making Singapore its new headquarters after India ban and tensions in the US
The Chinese app developer behemoth Tencent Holdings has had a rough month. But, it hopes to turn th…
2 mins read
PUBG Mobile will no longer be developed by Tencent in India but experts say that may not be enough
The battle royale game with more than 50 million active players in India, PlayerUnknown’s Battlegro…
4 mins read
Tencent loses nearly $34 billion since the PUBG Mobile ban in India — its second-largest valuation dip this year
Chinese technology company Tencent loses $34 billion in two days since Indian mobile app ban took a…
1 min read
PUBG Mobile and PUBG Mobile Lite cease operations in India just ahead of Halloween
PUBG Mobile and PUBG Mobile Lite will no longer work for gamers in India starting from Friday, the …
3 mins read
Professional PUBG gamers left in the lurch as Indian government bans Tencent’s iconic battle royale game
PlayerUnknown’s Battlegrounds (PUBG) is a big part of the gaming industry boom in India. Now, with …
4 mins read
India bans PUBG, Ludo World, and 116 other Chinese mobile applications
India has banned 118 Chinese apps as border tension with China continue to flare up.
2 mins read
PolicyBazaar plans to raise close to $870 million through its IPO at a likely valuation of $3.5 billion
PolicyBazaar’s parent company PB Fintech is planning to raise ₹6,500 crore (around $871 million) IP…
6 mins read
Here's how much Uber, Softbank and Tencent can possibly gain from Didi’s IPO — the largest Chinese share sale since Alibaba
China’s ridesharing behemoth, Didi Chuxing, is finally ready to go public after years of speculatio…
1 min read
WinZO partners Tencent Games India for PUBG mobile tournaments
WinZO claims to have deep penetration in the non-urban regions of tier-III and V cities and towns …
PTI
‘If I had Apple and Tencent, I would have sold them by now,’ says Jim Rogers
In a freewheeling chat with Business Insider India, commodities guru Jim Rogers explained how stock…
1 min read
PUBG's South Korean parent invests $22.4 million in Indian esports company Nodwin Gaming
PUBG Mobile developer Krafton has invested $22.4 million in the homegrown esports company Nodwin Ga…
7 mins read
‘If I had Apple and Tencent, I would have sold them by now,’ says Jim Rogers
Commodities guru, international investor and author Jim Rogers is betting on what he has always bel…
1 min read
Chat platform Discord raises $100 million, hits 140 million monthly users
Chat and communications platform Discord has raised $100 million in its latest H round of funding a…
2 mins read
After India, US President Donald Trump blocks eight Chinese apps including Alipay, WeChat Pay and Tencent's QQ
Taking India's example of banning more than 200 Chinese apps, US President Donald Trump has signed …
2 mins read
PUBG announces Mobile India Tour with a prize pool of ₹15 million
While there are no restrictions to the number of players registering in a group, the number …
1 min read
Tencent joins Softbank as investor in one of India’s largest online insurance selling platform Policybazaar.com as Tiger Global sells part stake
Chinese investment giant Tencent has bought a 10% stake in one of India’s largest online insurance …