Tencent's Spending Spree from Gaming to Investing

Tencent's Spending Spree from Gaming to Investing

Assessment

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Business

University

Hard

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Tencent is actively expanding its market presence and technological capabilities. It has acquired a virtual banking license in Shenzhen, partnered with ZTE for 5G cloud gaming, and invested in fintech and streaming companies globally. Tencent is also collaborating with BMW on self-driving cars and developing new games with Pokémon. Additionally, it is negotiating a stake in a major record label and planning to raise $5 billion from banks, showcasing its diverse investment strategies.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant agreement did Tencent sign with the Stock Exchange?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much did Tencent invest in a fintech startup in the UK?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What partnership did Tencent form in India?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What type of cars is Tencent partnering with BMW to develop?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Tencent negotiating terms for with Lady Gaga and Taylor Swift?

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