Tencent bets on India’s creator economy with Rs 10 crore gaming and animation pushTencent is investing significantly in India's creative industries. The company will fund skill development and training programs for animat...
15 May, 2026, 01.27 PM IST
Tencent revenue and profit miss on higher AI investmentTencent Holdings announced first-quarter results below market expectations. Revenue and net profit missed forecasts. Gaming revenue saw gro...
13 May, 2026, 06.49 PM IST
China tech giant Tencent sees Q1 profit jump after AI betsTencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artifici...
13 May, 2026, 03.24 PM IST
China’s Netflix expects AI to create bulk of shows in five yearsIQiyi Inc. is set to transform its operations, anticipating AI will generate most films and shows within five years. The company is launchi...
20 Apr, 2026, 04.41 PM IST
China tech giant Tencent logs 16% jump in annual net profitChinese internet giant Tencent on Wednesday reported a 16 percent jump in full-year net profit, with gaming still its main business driver ...
18 Mar, 2026, 03.10 PM IST
Tencent Q1 revenue rises 13% on AI, gaming boostTencent Holdings saw a revenue jump in the first quarter fuelled by gaming and AI advertising. Domestic gaming revenue increased significan...
14 May, 2025, 03.50 PM IST
Tencent signals slow AI monetisation; gaming drives 8% Q3 revenue growthTencent has intensified AI efforts over the past two years, developing services for large-language model training and deployment. It has al...
14 Nov, 2024, 10.20 AM IST
Tencent Q2 Results: Revenue rises on gaming business recoveryChina's Tencent Holdings reported an 8% rise in second-quarter revenue on Wednesday, driven by a recovery in its gaming business after a la...
14 Aug, 2024, 08.47 PM IST
Tencent Music beats quarterly revenue estimatesThe audio entertainment platform reported revenue of 6.89 billion yuan ($957.02 million) for the quarter. Analysts on average had expected ...
19 Mar, 2024, 05.28 PM IST
Tencent turns to ByteDance in gaming showdown with NetEaseTencent released on Friday mobile party game "DreamStar" that it hopes to challenge "Eggy Party", a similar offering from NetEase which has...
18 Dec, 2023, 11.56 AM IST
Tencent says focus on cost-cutting, core business after first revenue fallThe world's largest video game company and operator of the WeChat messaging platform posted revenue of 554.55 billion yuan ($81 billion) fo...
22 Mar, 2023, 08.23 PM IST
China's Tencent said it fired more than 100 employees over corruption in 2022The disclosure comes after Tencent's founder Pony Ma in a townhall last month said serious "corruption" issues had been discovered within t...
16 Jan, 2023, 09.43 AM IST
Tencent reports Q1 profit slump, no growth in revenueTencent's revenue totalled 135.5 billion yuan ($20.08 billion) in the quarter ended March, versus 135.3 billion yuan in the same quarter la...
18 May, 2022, 03.31 PM IST
Tencent posts slowest-ever sales rise; regulation impact set to easeTencent Holdings, which gets much of its revenue from gaming and develops games such as 'Honour of Kings' and 'Call of Duty Mobile', said d...
23 Mar, 2022, 06.19 PM IST
China steps up pressure on tech with draft online ad rulesInternet advertising must "meet the requirements for the establishment of socialist spiritual civilization and the promotion of excellent t...
26 Nov, 2021, 02.47 PM IST
Tencent Music says facing increased China scrutiny, is committed to laws"In recent months, we have received increased regulatory scrutiny from relevant authorities, and have been actively co-operating and commun...
18 May, 2021, 10.37 AM IST
Why Tencent could become an advertising powerhouse like FacebookThe seven main business units of China’s largest company are working to synchronise data and study a billion plus users to deliver precisio...
28 Nov, 2017, 12.05 AM IST