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Tencent Holdings fires 70 staff over bribery and embezzlement as China examines corruption among internet giants dispatchist.com

January 25, 2022
Source: dispatchist.com dispatchist.com
News Snapshot:
The company is one of the top-five holdings of Scottish Mortgage Investment Trust PLC and several of London's Asia-focused investment trusts The company is one of the top-five holdings of Scottish Mortgage Investment Trust PLC and several of London's Asia-focused investment trusts Tencent Holdings Limited (HKG:0700), the Chinese tech colossus, said it had fired several dozen staff members over bribery and embezzlement incidents last year.The gaming, music, social media, cloud service and software group, which is one of the top-five holdings of Scottish Mortgage Investment Trust PLC (LSE:SMT) and several other London-listed Asia funds , also said it had blacklisted...
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Tags: ASIA | Beijing | bribery | capital | China | Chinese | cloud | commission | content | corruption | digital | digital music | employee | expansion | gaming | Internet | investment | IT | London | online game | social media | Software | sports | technology | Tencent

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