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.
Games Recovery Lifts China's Tencent to 47% Quarterly Profit Increase
Sometimes described as the world's largest games company in revenue terms, China's Tencent increased its net profits by 47% in the three months from July to September. Gains were driven by both its domestic and international games businesses. In addition ...
Tencent Profit Momentum Continues on Gaming Strength
Tencent’s core gaming business delivered strong results as the Chinese technology giant contended with a cooling economy.
Tencent quarterly revenue rises 8% on gaming strength
BEIJING (Reuters) -Chinese technology giant Tencent Holdings posted on Wednesday a 8% rise in third-quarter revenue, driven by growth in its gaming business after the recent launches of new titles. Tencent,
Tencent’s Revenue Climbs 8% After Blockbuster Games Summer
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’s Revenue Up 8% in Q3, Slightly Misses Forecasts; Profits Jump on Gaming, Ads Gains
Tencent's third-quarter profits rose 47%, exceeding estimates, with gains from gaming, advertising, and cloud services. Revenue grew 8% annually, slightly below forecasts. Tencent’s AI tools aided cloud and marketing services,
Tencent's gaming rebound drives Q3 revenue up 8% amid fintech weakness
BEIJING (Reuters) -Chinese technology giant Tencent Holdings posted on Wednesday a 8% rise in third-quarter revenue, extending momentum in its gaming business, while growth in its fintech segments softened amid China's economic headwinds.
Tencent's Q3 revenue grows as gaming unit gains momentum
Michael Vi. Tencent's (OTCPK:TCEHY) (OTCPK:TCTZF) third quarter revenue grew 8% year-over-year as recovery in its gaming business gained speed. Total revenues for Tencent — a vi
Tencent adds 3,000 jobs in third quarter, signalling Big Tech growth in China amid AI race
Chinese internet giant Tencent Holdings added more than 3,000 jobs in the third quarter, in a sign that the country's most ...
China Market Update: Alibaba Earnings Deep Dive, Tepper & Burry Maintain China Positions, Week In Review
Asia ended an off week mixed as Mainland China underperformed, the Philippines outperformed, and India was closed for the ...
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World-Class Scientists Gather at Tencent 2024 WE Summit in Chengdu to Share Cutting-Edge Discoveries
Five eminent speakers, including Nobel laureates and the top Chinese physicist Qi-Kun Xue, share groundbreaking insights at ...
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 ...
China Market Update: JD.com Beats, CEO Sheds Light On China’s Economy
Asia had another rough night, as the wrecking ball of US dollar strength came back as some expressed trepidation over ...
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 ...
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 ...
China's Alibaba Misses Quarterly Revenue Estimates, Beats on Profit
In August, China's market regulator issued a statement saying Alibaba had completed three years "rectification" following a ...
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 ...
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 ...
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Apps vs alliances: the SEA playbook of rivals Tencent and Ant
Tencent and Ant Group signalled their renewed ambitions for global growth. The Chinese giants were the event’s grand sponsors ...