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
AI boom keeping markets elevated despite geopolitical noise: Mark MatthewsFinancial markets are increasingly prioritizing artificial intelligence-driven growth and corporate earnings over geopolitical tensions, ac...
07 May, 2026, 12.55 PM IST
Bill Ackman's Pershing Square proposes $64 billion merger deal with Universal Music GroupBill Ackman's Pershing Square proposed a deal on Tuesday to merge Universal Music Group with its investment fund under a plan to revive the...
07 Apr, 2026, 07.48 PM IST
Bill Ackman's Pershing Square proposes $64 billion merger deal with Universal Music GroupBill Ackman's Pershing Square has proposed a deal to merge Universal Music Group with its investment fund. The plan aims to revive the musi...
07 Apr, 2026, 05.01 PM IST
Tencent seizes momentum in China’s AI race against AlibabaTencent in just the past week introduced several signature products aimed at tapping a national enthusiasm for AI agents like OpenClaw — au...
18 Mar, 2026, 09.14 AM 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 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
China's Tencent posts smaller than expected revenue growthThe world's largest video game company and operator of the WeChat messaging platform said revenue reached 149.20 billion yuan ($20.45 billi...
16 Aug, 2023, 03.32 PM IST
South African tech investor Naspers' profit slumps on lower Tencent contributionNASPERS-S.Africa tech investor Naspers' profit slumps on lower Tencent contribution
27 Jun, 2023, 02.31 PM IST
Tech investor Prosus flags sharp drop in full-year profitThe company said earnings from consolidated businesses in the second half of the year had been stronger than in the first six months, and t...
14 Jun, 2023, 12.44 PM IST
Tencent fires 5,500 workers as sales down for first time since going publicTencent has downsized its workforce for the first time since 2014, slashing the number of employees to 110,715 by the end of June, down fro...
21 Aug, 2022, 08.14 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
Tencent posts better than expected 3% jump in Q3 net profitNet profit for the three months through September rose to 39.5 billion yuan ($6.18 billion), above an average Refinitiv estimate of 35 bill...
10 Nov, 2021, 02.56 PM IST
Tencent shares fall after China tightens rules for young video gamersJefferies analysts said on Monday that they expected to see about a 3% impact to Tencent's earnings from the new rules, assuming gaming con...
31 Aug, 2021, 08.49 AM 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
With investments in Flipkart, Ola, Asia's tech scene gets a new Warren Buffett at TencentLike SoftBank and Naspers, Tencent has been on an acquisition spree, spending some $50 billion on stakes in companies from Flipkart to Ola.
25 Oct, 2017, 10.39 AM IST