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Tencent, China
Tencent Signals Gradual China Recovery After Gaming Arm Revives
Tencent Holdings Ltd.’s revenue rose 8% after the summer release of Dungeon & Fighter Mobile helped China’s most valuable company resist a severe economic downturn.
Tencent posts better-than-expected 47% profit surge as games, AI tools shine
Tencent on Wednesday reported quarterly profit well above analysts’ expectations, amid strength in its gaming business. Revenue grew by 8%, but nevertheless came just under an analyst forecast. The company also noted it was starting to see benefits from artificial intelligence.
Games Recovery Lifts China’s Tencent to 47% Quarterly Profit Increase
China’s Tencent increased net profits by 47% in the quarter to September, driven by both its domestic and international games businesses.
1d
At least Tencent can retreat into a virtual world
There's a least one demographic in China that's opening up their wallets: gamers. That cohort helped power a one-third rise ...
7h
Tencent price target raised to $66 from $65 at Barclays
Barclays raised the firm’s price target on Tencent (TCEHY) to $66 from $65 and keeps an Overweight rating on the shares. The company ...
1d
Why Tencent Holdings Stock Triumphed Today
On a generally gloomy Thursday for the stock market, Tencent Holdings ( TCEHY 3.05%) was something of a standout. On the ...
2d
Tencent posts 8% revenue growth on gaming rebound, sees slow AI uptake
Chinese technology giant Tencent Holdings posted on Wednesday a 8% rise in third-quarter revenue, extending momentum in its ...
14h
Android gaming on Windows 11 returns thanks to Tencent
Windows Insiders in China can now download Android apps from Tencent's App Store. If the feature goes public, the ...
Spotify
1d
Tencent Music is using AI to create viral content… and three other things we learned on the company’s Q3 earnings call
The music streaming operator is working to differentiate its services amid a long-running slump in monthly active users.
2d
Tencent Q3 Earnings: Gaming And AI Fuel Profit Growth, Pony Ma Eyes E-Commerce Expansion
Tencent Holding Ltd reported 2024 Q3 results with 8% revenue growth to $23.9 billion, beating analyst estimate. MAU grew 3% & ...
2d
Tencent brings Android games to Microsoft Store on Windows 11
Microsoft has partnered with Tencent to bring Android apps and games to Windows 11 users in China. This partnership allows ...
3d
on MSN
Tencent Music Enjoys Streaming Growth as Social Side Continues Slide
China's leading digital music group Tencent Music enjoyed a quarter in which streaming growth outweighed a depressed social ...
1d
on MSN
Tencent opening its ecosystem will help transaction volume growth: Analyst
Julia Pan of UOB Kay Hian says a landmark cooperation between WeChat Pay and other e-commerce sites will help boost Tencent's ...
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