https___pandaily.com_tencent-coo-withdraws-from-seas-board-of-directors_.xml
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Tencent COO Withdraws From Sea’s Board of Directors On September 6, Singapore-based tech firm Sea Limited announced that Mark Ren, the chief operating officer of Tencent, had resigned from its board of directors, effective September 5. Sea added that Tencent has granted an irrevocable voting proxy with respect to all its Sea shares to the board for votes on shareholder matters. On the evening of January 4, 2022, Tencent announced that it would convert its Class B shares in Sea into Class A shares and reduce its 14,492,751 Class A shares in the company. As a result, Tencent shareholding ratio in Sea was reduced from 21.3% to 18.7%, and its voting rights in Sea were also reduced to less than 10%. Sea mainly operates three businesses: Shopee, a well-known e-commerce platform in Southeast Asia, Garena, a game platform, and digital finance division SeaMoney. In the past few years, due to its rapid expansion, it is often called “Little Tencent in Southeast Asia.” The group is quite similar to Tencent in terms of its business model, and its growth is inseparable from Tencent support. In 2010, the firm’s second year, it received investment from Tencent. By the time it went public in 2017, Tencent held 39.5% of the shares in the company, the largest shareholder. Tencent also gave exclusive agency rights to its “League of Legends,” a multiplayer online battle arena (MOBA) video game, in Southeast Asia to Sea. After this, it also obtained priority distribution rights of many Tencent games in the Asian market, such as “Honor of Kings,” a mobile MOBA game, and “QQ Speed,” a kart racing game. On August 16, Sea released its second-quarter financial report. Costs have increased compared with last year, but revenue growth has stagnated. The firm posted a bigger-than-expected operating loss of $837 million during the quarter, compared to $334 million last year and well above the figure of $600 million expected by the market. However, Sea reported goodwill impairment of $177.3 million in the quarter, mainly due to a change in the carrying amount of goodwill related to its prior acquisition, mainly driven by lower valuations amid market uncertainties. SEE ALSO: Cross Border E-Commerce Giant Shopee Cancels Many Offer Contracts Its second-quarter financial report conference call showed that the number of users of its Garena game business exceeded expectations this quarter, but its revenue-generating ability declined. The growth rate of its Shopee e-commerce business slowed down and profit improvement was less than expected. Meanwhile, the firm’s SeaMoney digital finance business is growing rapidly, but its revenue is still small.
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Tencent प्रमुख परिचालन अधिकारी एसईए बोर्ड बाट बाहिर निस्केपछि सेप्टेम्बर 6, सिंगापुर टेक्नोलोजी कम्पनी सागर लिमिटेड ले घोषणा गरेको छTencent प्रमुख परिचालन अधिकारी रेन झागङले बोर्डबाट इस्तीफा दिए र सेप्टेम्बर 5 देखि प्रभावकारी भएको छएसईएले थपे कि Tencent ले आफ्नो सबै एसईए शेयरहरू बोर्डमा मतदान गर्न को लागी शेयरधारकहरूको लागि मतदान गर्न को लागी अपरिवर्तित आफ्नो प्रस्ताव प्रदान गरेको छ। जनवरी 4, 2022 साँझ, Tencent ले घोषणा गरेको छ कि यो एक कक्षा मा आफ्नो शेयर को रूप मा आयोजित, यसको शेयर 14492751 शेयर को होल्डिंग कम्पनी को होल्डिंग। परिणामहरूसीईएमा Tencent को शेयरहोल्डिंग अनुपात 21.3% देखि 18.7% सम्म घट्यो, र सीईमा मतदान अधिकार 10% भन्दा कम भयो।. सागर मुख्य रूप देखि तीन व्यवसाय संचालित गर्दछ: Shopee, एक प्रसिद्ध दक्षिणपूर्व एशिया आधारित व्यापार मंच Garena, र डिजिटल वित्त प्रभाग Semoney मा एक अग्रणी प्रदान। विगत केही वर्षहरूमा, छिटो विस्तारको कारण, प्राय: “दक्षिणपूर्व एशिया Tencent” भनिन्छ। ग्रुप एक व्यापारिक मोडेल र Tencent धेरै समान छ, यसको वृद्धि Tencent समर्थन बिना गर्न सक्दैन। 2010, त्यो हो, कम्पनी को दोस्रो वर्ष स्थापित भएको थियो, यो Tencent निवेश प्राप्त भयो। 2017 मा सूचीबद्ध हुँदा, टिन्सेन्टले 3 9. 5% मा कम्पनीको सबैभन्दा ठूलो शेयरधारक बनाएको छ। Tencent ले यसको बहु-व्यक्ति अनलाइन लडाई अरेना (MOBA) भिडियो खेल “हिरोइन युनियन” विशेष एजेन्टलाई दक्षिण पूर्व एशियामा समुद्रमा प्रदान गर्दछ। यस पछि, यो एशियाई बजार मा जारी Tencent खेलहरु को एक किस्म पनि प्राप्त गर्दछ, जस्तै मोबाइल MOBA गेम “राजा महिटी”, कार्ट खेल” QQ गति “र यति मा। 16 अगस्त, सेवाले दोस्रो क्वार्टर आय जारी गरे। गत वर्ष भन्दा बढी लागत बढेको छ, तर आय वृद्धि स्थिर छ। कम्पनीले 837 मिलियन अमेरिकी डलरको तिमाही परिचालन हानि घोषणा गरेको छ, गत वर्ष 334 मिलियन अमेरिकी डलरको तुलनामा, 600 मिलियन अमेरिकी डलरको बजार भन्दा बढी। तथापि, तिमाहीको लागि तिमाहीको लागि एसईए $177.3 मिलियन को हानि थियो, मुख्यतः अघिल्लो अधिग्रहणको राम्रो क्रेडिट मूल्यमा परिवर्तनको कारण, मुख्यतः बजार अनिश्चितताको कारण कम मूल्यको कारण। अर्को हेर्नुहोस्:क्रस सीमा ई-वाणिज्य विशाल Shopee ले धेरै उद्धरण सम्झौता रद्द गर्दछ यसको दोस्रो क्वार्टर आय सम्मेलन कलहरूले यो क्वाटरमा गारना खेल व्यवसाय प्रयोगकर्ताहरूको अपेक्षा बढ्यो, तर राजस्व उत्पादन क्षमता घट्यो। यसको पसिना व्यापार वृद्धि घट्यो, आय अपेक्षा भन्दा कम भयो। एकै समयमा, कम्पनीको सेमोनी डिजिटल वित्तीय व्यवसाय छिटो बढ्यो, तर राजस्व अझै पनि धेरै कम छ।