Tencent's $220b rout is breaking all kinds of records

Popular online games company Tencent is experiencing a sea change with the $214bn rout in shares.

The Chinese Internet giant lost more market value than any other company worldwide this year.

Xolani Gwala spoke to founder and editor at Techcentral Duncan McLeod to find out what impact this has on South African company Naspers.

It's a perfect storm that has hit the company.

Duncan McLeod, Founder and Editor at Techcentral

It is 31% held by Naspers so it has a direct bearing on many people in South Africa who are Naspers shareholders.

Duncan McLeod, Founder and Editor at Techcentral

Tencent has also been facing a regulatory bottleneck particularly around hit video game titles on desktop computers.

Duncan McLeod, Founder and Editor at Techcentral

Listen to what impact the trade wars had on this company...


This article first appeared on 702 : Tencent's $220b rout is breaking all kinds of records


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