Tencent

Tencent Music beats quarterly revenue estimates
Tencent Music beats quarterly revenue estimates
China’s Tencent Music Entertainment Group beat first-quarter revenue estimates on Monday (May 13), thanks to steady growth in paid subscriptions and advertising services on its Spotify-like music streaming platform.The...
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race
JAPAN’S Toyota Motor will pair up with China’s Tencent while Nissan will team up with Baidu, the companies said on Thursday (Apr 25), cross-border partnerships that highlight the importance...
Tencent shares climb most in months as blockbuster debuts early
Tencent shares climb most in months as blockbuster debuts early
TENCENT Holdings shares staged their biggest rally since February after China’s biggest Internet firm nailed down an earlier-than-anticipated debut of one of the year’s most eagerly-awaited mobile games.Tencent set...
China’s Tencent posts weaker than expected revenue growth
China’s Tencent posts weaker than expected revenue growth
CHINA’S Tencent Holdings posted a 7 per cent rise in fourth-quarter revenue on Wednesday (Mar 20), trailing analysts’ expectations, as China’s economic slowdown takes a toll. The world’s largest...
China’s Tencent posts weak revenue growth, plans to double buybacks
China’s Tencent posts weak revenue growth, plans to double buybacks
CHINA’S Tencent Holdings posted a weaker-than-expected 7 per cent rise in fourth-quarter revenue on Wednesday (Mar 20) as its gaming revenue shrank, and said it was expecting to at...
Tencent Music beats quarterly revenue estimates
Tencent Music beats quarterly revenue estimates
CHINA’S Tencent Music Entertainment Group beat fourth-quarter revenue estimates on Tuesday (Mar 19), driven by growth in paid subscription on its Spotify-like music streaming platform. The audio entertainment platform...
Tencent may surprise with margin, shareholder return
Tencent may surprise with margin, shareholder return
TENCENT Holdings’s earnings report due on Wednesday (Mar 20) may provide positive catalysts for its shares, which have plummeted about 60 per cent from their record high three years...
China’s Tencent takes over two ByteDance video game teams: source
China’s Tencent takes over two ByteDance video game teams: source
CHINA’S Tencent has taken over two ByteDance video games units after ByteDance retreated from the gaming business last year, according to a person familiar with the matter. The two...