LONDON: Think and Learn (Byju’s) and Tencent have emerged as the most active media and telecom (TMT) companies across the global merger and acquisition (M&A) market during 2021.  

They acquired six and four TMT companies (in deals with a disclosed value ≥ $50m), respectively, reveals GlobalData, a leading data and analytics company.

Jan 19, 2022 17:01
REDMOND, Wash.: Microsoft Corp. announced plans Tuesday to acquire Activision Blizzard Inc., a leader in game development and interactive entertainment content publisher.  This acquisition will accelerate the growth in Microsoft’s gaming business across mobile, PC, console and cloud and will provide building blocks for the metaverse.
Oct 14, 2020 18:10
GUANGZHOU and WUHAN, China: Chinese live streaming platforms HUYA Inc. and DouYu International Holdings Limited have announced a merger agreement that entails Huya acquiring all the outstanding shares of DouYu, including ordinary shares represented by American depositary shares, through a stock-for-stock merger.
Apr 15, 2020 13:04
SINGAPORE: The Global Esports Federation, which lists Chinese internet titan Tencent as its founding partner, has confirmed key appointments in line with the GEF’s stated mission "to convene the world’s esports ecosystem". 
Jul 30, 2019 13:07
BEIJING: The National Basketball Association (NBA) and Tencent Holdings Limited, the exclusive Official Digital Partner of the NBA in China, Monday announced a five-year expansion of their existing partnership that will see Tencent - the NBA’s largest partner outside the US - provide extensive NBA coverage on its platforms through the 2024-25 NBA season, including live NBA games, NBA programming and interactive fan experien
Jan 12, 2019 13:01
NEW DELHI: Oppo, the leading Chinese smartphone brand, has partnered with Tencent Games and PUBG Corp for the 'Oppo PUBG MOBILE India Series 2019', the first official open-to-all tournament hosted in India. For the tournament, Oppo has sponsored a prize-pool of Rs 10 million, including cash and latest smartphones.
Apr 21, 2018 15:04
MUMBAI: The world’s largest investment corporation, China-headquartered Tencent is looking at investing in Dream11, India’s biggest fantasy sports platform, as per a report in the Economic Times. As per the news report, if the deal goes through, Tencent will invest around Rs 6.57 billion ($100 million) in Dream11 for a pre-money valuation of $400-$450 million.