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TENCENT PROFIT
Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
Want to jump into the 'China is back' rally? Tread carefullyInvestors are increasingly betting that “China is back” as the economy rebounds from years of deflation, helped by strong manufacturing, ex...
Global Market Today: Asian stocks, US futures climb on tech optimismAsian stocks advanced, mirroring Wall Street's record highs driven by a tech surge and strong corporate earnings. Investors are closely wat...
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...
Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
Startups, not the only game in townIndia faces a job creation challenge as millions enter the workforce. The nation needs to support entrepreneurship in key sectors like infr...
China's DeepSeek releases new AI model a year after viral riseChinese AI firm DeepSeek unveiled a new model with significantly lower costs and a massive one million word context. This development promi...
Gaming industry could unlock $22 billion in profits on AI-driven cost cuts: Morgan StanleyArtificial intelligence is set to revolutionize game development. Analysts predict AI tools could slash costs by almost half, unlocking bil...
Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
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 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...
South African tech investor Naspers' profit slumps on lower Tencent contributionNASPERS-S.Africa tech investor Naspers' profit slumps on lower Tencent contribution
Tencent closes Twitch competitor Penguin Esports months after China banned a $6 billion gaming mergerTencent owned Penguin Esports shuts down its video game streaming platform just months after China banned a massive gaming merger that woul...
China's internet crackdown pushes Tencent to slowest profit growth in two yearsRevenue climbed 13% to 142.4 billion yuan, slightly below expectations, and was the slowest quarterly growth since the company went public ...
Tencent Q1 profit rises 65% while online game revenues climbTencent, the world's largest gaming firm by revenue, booked profit of 47.77 billion yuan ($7.42 billion) for the three months through March
Tencent's quarterly revenue jumps 26%, helped by online gamesProfit rose 175% in the same period to 59.3 billion yuan, largely thanks to fair-value gains in companies Tencent has invested in, and sale...