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Hubert Horan: Can Uber Ever Deliver? Part Twenty-Five: Didi s IPO Illustrates Why Uber s Business Model Was Always Hopeless

Hubert Horan: Can Uber Ever Deliver? Part Twenty-Five: Didi s IPO Illustrates Why Uber s Business Model Was Always Hopeless
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China market regulator approves Tencent s $3 5 billion deal to take Sogou private

China market regulator approves Tencent’s $3.5 billion deal to take Sogou private FILE PHOTO: A Tencent sign is seen at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, October 20, 2019. REUTERS/Aly Song July 13, 2021 (Reuters) – China’s antitrust regulator unconditionally approved on Tuesday Tencent Holdings Ltd’s plan to take the country’s no.3 search engine Sogou Inc private in a $3.5 billion deal. Reuters had reported the pending approval in April by State Administration of Market Regulation (SAMR). The deal, announced in September, was for Tencent to buy the 60% of U.S.-listed Sogou that it didn’t already own, making it the latest Chinese company to exit U.S. markets amid tensions between the world’s two largest economies.

China market regulator approves Tencent s US$3 5 billion deal to take Sogou private

China market regulator approves Tencent s US$3.5 billion deal to take Sogou private Toggle share menu Advertisement China market regulator approves Tencent s US$3.5 billion deal to take Sogou private China s antitrust regulator unconditionally approved on Tuesday Tencent Holdings Ltd s plan to take the country s no.3 search engine Sogou Inc private in a US$3.5 billion deal. FILE PHOTO: A logo of Tencent is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. REUTERS/Aly Song 13 Jul 2021 10:35AM Share this content Bookmark REUTERS: China s antitrust regulator unconditionally approved on Tuesday Tencent Holdings Ltd s plan to take the country s no.3 search engine Sogou Inc private in a US$3.5 billion deal.

China market regulator approves Tencent s $3 5 bln deal to take Sogou private

Reuters 1 minute read A Tencent sign is seen at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, October 20, 2019. REUTERS/Aly Song July 13 (Reuters) - China s antitrust regulator unconditionally approved on Tuesday Tencent Holdings Ltd s (0700.HK) plan to take the country s no.3 search engine Sogou Inc (SOGO.N) private in a $3.5 billion deal. Reuters had reported the pending approval in April by State Administration of Market Regulation (SAMR). read more The deal, announced in September, was for Tencent to buy the 60% of U.S.-listed Sogou that it didn t already own, making it the latest Chinese company to exit U.S. markets amid tensions between the world s two largest economies.

Exclusive-China to order Tencent Music to give up music label exclusivity - sources

Exclusive-China to order Tencent Music to give up music label exclusivity - sources
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