Snap may be struggling, but Chinese giant Tencent has snapped up more shares

Nov 8, 2017
Chinese messaging giant Tencent has bought up about 12 percent of Snap, parent company of the disappearing messaging app Snapchat. Snap has struggled since its big IPO in March, and its shares have lost half their value, leading to the…

Chinese social media app targets the U.S. market

Jul 16, 2013
Wechat, the wildly popular texting app from the Chinese Internet giant Tencent, has nearly 400 million users worldwide. It plans to target American consumers next.

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