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Friday, December 12, 2025
TopicTencent games

Topic: Tencent games

Jack Ma’s Ant Group raises IPO valuation target by at least 12% to $280 billion

Despite the US headwinds, Jack Ma’s Ant is moving ahead with what could be the world’s largest IPO, with same-day listings in Hong Kong and Shanghai.

China punishes 10 of country’s most popular apps in renewed clampdown on Tencent, ByteDance

China said the services must rectify vulgar and other problematic content and that it’s blacklisted selected live-streaming hosts, but did not elaborate.

Chinese companies leave US market at fastest pace since 2015

The uptick comes as President Trump weighs tighter scrutiny on Chinese companies after a string of accounting scandals burned some of Wall Street’s biggest names.

Mobile games make 39-year-old Singapore’s latest billionaire

Singapore’s newest billionaire Gang Ye is a former government employee who rode mobile sensation Free Fire to earn a ten-digit fortune this year.

On Camera

IndiGo cancellations made TV news do the unexpected — question the Modi government

Republic TV was the harshest of them all: “The (civil aviation) minister has done a bad job,” said prime time anchor Arnab Goswami.

IndiGo’s profits dipped, most airlines sunk into losses last fiscal even as flier numbers soared

Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.

Dubai Tejas crash revives focus on advanced, fully automated safety systems

Dubai airshow crash & pilot death have rekindled concerns over pilot safety, and need for smarter automated systems that can step in when G-forces, temporary loss of consciousness hit the pilot.

Asim Munir & Pakistan’s Failed Marshal Doctrine

None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.