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TENCENT NET PROFIT
China's Tencent posts 11% second-quarter revenue rise, profit misses estimatesFor the three months ended June, the Shenzhen-based gaming and internet company reported revenue of 204.8 billion yuan ($30.36 billion), ...- Udaan avoids bankruptcy, reaches agreement with offshore creditors to settle $178 million claimBlackrock, world’s largest asset manager has agreed to provide $45 million of fresh credit facility. The restructuring will also include up...
- DeepSeek’s Liang Wenfeng tops Dario Amodei and Greg Brockman as richest AI founderLiang is now worth $36 billion, up from about $16.7 billion previously, according to the Bloomberg Billionaires Index. That ranks him well ...
- Flipkart faces sellers' heat; Zetwerk IPO gets Sebi nodA sellers' body has filed a complaint against Flipkart, alleging unfair business practices. This and more in today's ETtech Top 5.
- 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...
- 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...
- 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 ...
- 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...
- 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...
- China's Tencent posts weak revenue growth, plans to double buybacksChina's Tencent Holdings posted a weaker-than-expected 7% rise in fourth-quarter revenue on Wednesday as its gaming revenue shrank, and sai...
- Game theory: China softens stance on gaming after $80 billion routChinese officials rekindled fear that they will start another round of tech crackdowns after top gaming regulator National Press and Public...
- China's Tencent Music beats revenue estimates on paid subscriber growthThe company's social entertainment services posted a nearly 50% drop in revenue as Beijing's crackdown on online gambling continues to cast...
- China's Tencent revenue growth below expectations; gaming falls shortTencent's core gaming business experienced weaker-than-expected growth in the quarter through June. Domestic gaming revenue was little chan...
- 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...
- Tencent Music's quarterly revenue rises as more Chinese users pay for musicTotal revenue of the company, controlled by Chinese tech giant Tencent Holdings Ltd, stood at 7.29 billion yuan ($1.00 billion) in the quar...
- Prosus posts $617 million ecommerce trading loss, H2 sees improvementNet profit fell to $10 billion from $18.6 billion, mostly due to a worse performance by Chinese software giant Tencent, in which Prosus own...
- Tencent offloads 2% stake in PB Fintech for Rs 562 croreTencent sold the shares for Rs 596.6 a piece, roughly 39% below PB Fintech’s IPO price of Rs 980. As per the latest transaction, Tencent's ...
- Chinese gaming stocks tumble after regulators summon firmsThe tighter gaming regulations come as China has conducted a broader crackdown on a wide range of sectors including tech, education and pro...
- 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...
- Hong Kong shares fall, weighed by financials, TencentThe benchmark Hang Seng index dropped 0.4 per cent to 24,301.09 points, while the Hong Kong China Enterprises Index lost 0.8 per cent to 10...
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