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TENCENT ANNUAL REVENUE
Peak XV joins UK infrastructure startup Primer’s $100 million funding roundPeak XV Partners has joined a $100 million fundraise for global payments infrastructure startup Primer, marking another overseas investment...
Ubisoft counts cost of restructuring with record annual lossFrench games giant Ubisoft on Wednesday reported a record annual loss of almost 1.5 billion euros ($1.7 billion) for its 2025-26 financial ...
Ola Consumer's FY25 revenue drops 42%, losses widen, as company begins prep for IPOOla Consumer is moving ahead with its IPO plans. However, its recent financial reports show a significant drop in revenue and a doubling of...
China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
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.
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...
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...
Tencent's next level up: fewer big foreign franchise games, more in-houseSince late last year, the world's largest video games company has, according to sources, redeployed hundreds of people from the team develo...
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...
China's Tencent posts weak revenue growth, plans to double buybacksTencent Holdings' Q4 revenue rose by 7%, below analysts' expectations due to China's economic slowdown. The company plans to double its sha...
Tencent chief says gaming business under threat, catching up in AIPony Ma, speaking at Tencent's annual meeting in a stadium in Shenzhen on Monday, said that the company has been resting on its laurels in ...
Tencent posts strong revenue growth as games sales recoverSales for the world's largest video game company and operator of the WeChat messaging platform came in at 154.6 billion yuan ($21.4 billion...
Pocket FM to double down on investment"We aim to double down on our content investments to ₹328 crore. Our target is to expand our content library by 5X in the next 12 months," ...
South African tech investor Naspers' profit slumps on lower Tencent contributionNASPERS-S.Africa tech investor Naspers' profit slumps on lower Tencent contribution
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...
Tencent reports first-ever drop in annual revenueIts revenue for the fourth quarter ended December rose 1% from a year earlier to 144.95 billion yuan, versus a consensus estimate for about...
Tencent seeks to raise stake in 'Assassin's Creed' maker Ubisoft, sources sayChina's largest social network and gaming firm, which bought a 5% stake in Ubisoft in 2018, has reached out to the French firm's founding G...
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...
Tencent boss meets China antitrust officials as scrutiny widens: ReportTencent, whose WeChat messaging and payment mobile app is ubiquitous in the world's second-largest economy, is expected to be the next in l...
Tencent in talks with CarDekho owner to lead $40 million investmentCarDekho currently clocks an annual loan rate of $35 million for its used car financing business even as it sells over 2,500 monthly polici...