Tencent

Alibaba, Tencent to provide snapshot of China’s economic landscape
Alibaba, Tencent to provide snapshot of China’s economic landscape
August 9, 2024
ALIBABA Group, Tencent and JD.com will provide a snapshot of China’s economy and consumer sentiment, as another somber earnings season is expected in the region.The tech giants remain focused...
Tencent joins US0 million financing for China’s AI unicorn
Tencent joins US$300 million financing for China’s AI unicorn
August 5, 2024
TENCENT Holdings has contributed to a US$300-plus million round Chinese generative AI startup Moonshot just closed, emulating its arch-rival Alibaba Group Holding in fostering several hopefuls in the highly...
Tencent rides hit game for China’s biggest gain in market value
Tencent rides hit game for China’s biggest gain in market value
June 28, 2024
A HOT new online game is refuelling investor optimism for Tencent Holdings, driving China’s biggest stock boost of 2024.Its shares have rallied 28 per cent so far this year...
Huawei, Tencent near deal to exclude WeChat from revenue sharing
Huawei, Tencent near deal to exclude WeChat from revenue sharing
June 19, 2024
HUAWEI Technologies is nearing a deal to let Tencent Holdings’s WeChat super app operate fully on its Harmony mobile platform without sharing any revenue, a concession designed to defend...
Tencent, Tencent Music to pick up 10% stake in Thailand’s GMM Music for US million
Tencent, Tencent Music to pick up 10% stake in Thailand’s GMM Music for US$70 million
June 3, 2024
Thai entertainment platform GMM Music on Monday (Jun 3) said Tencent and Tencent Music Entertainment will acquire a 10 per cent stake in the company for US$70 million, solidifying...
Tencent suspends blockbuster game within an hour of China debut
Tencent suspends blockbuster game within an hour of China debut
May 21, 2024
TENCENT Holdings suspended the highly anticipated Dungeon & Fighter (DnF) Mobile within an hour of its Chinese debut on Tuesday (May 21), suggesting strong initial demand for a blockbuster...
Tencent shares jump after video drives big earnings beat
Tencent shares jump after video drives big earnings beat
May 16, 2024
TENCENT Holdings climbed by the most in more than three weeks after better-than-anticipated earnings suggested the WeChat operator was making headway against ByteDance in a volatile Chinese Internet arena.China’s...
China’s Tencent posts strong revenue growth as ad sales and business services shine
China’s Tencent posts strong revenue growth as ad sales and business services shine
May 14, 2024
CHINA’S Tencent Holdings posted a 6 per cent rise in first-quarter revenue on Tuesday (May 14), beating analyst expectations, as business services and advertising sales deliver strong revenue growth. The...
China’s Tencent posts strong revenue growth as ad sales and business services shine
China’s Tencent posts strong revenue growth as ad sales, business services shine
May 14, 2024
CHINA’S Tencent Holdings posted a 6 per cent rise in first-quarter revenue on Tuesday (May 14), beating analyst expectations, as business services and advertising sales deliver strong revenue growth. The...
China’s Tencent posts strong revenue growth as ad sales and business services shine
China’s Tencent Q1 revenue tops forecasts as ad sales, business services shine
May 14, 2024
CHINA’S Tencent Holdings posted a 6 per cent rise in first-quarter revenue on Tuesday (May 14), beating analyst expectations, on strong growth in advertising sales and business services. However, a...