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TENCENT RESULTS
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 ...- 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...
- 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...
- 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...
- Tencent is said to be back on Paramount-Warner Bros deal with fresh fundingTencent is considering investing several hundred million dollars in Paramount’s acquisition of Warner Bros. The Chinese company would act a...
- Tech giants Tencent and Douyin to help China's exporters pivot to domestic marketTencent said on Thursday its program aimed to create 100 billion yuan ($13.7 billion) in sales for China's beleaguered export-dependent fir...
- 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...
- 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...
- Tencent Q3 Results: Revenue down 2% year on year to $19 bnTencent said domestic video games in particular saw a 7 percent decrease in the three months ending September 30, "as transitional industry...
- Tencent Q3 Results: Revenue down 2% year on year to $19 bnThe Hong Kong-listed company, which is the world's top video game maker and the owner of popular super-app WeChat, posted revenues of 140 b...
- China's Tencent starts new round of layoffs: reportLayoffs will affect three out of Tencent's six business divisions - platform and content (PCG), which comprises of its video and news platf...
- Tencent reports its first-ever revenue drop as regulations and COVID-19 biteTencent is the world's largest video game company.
- Tencent plunges 8% following poor resultsThe firm's Hong Kong-listed shares plunged as much as 8.4 percent in early trading
- 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 Music social entertainment services slump overshadows upbeat quarterRevenue from social entertainment services and others fell 15.2% to 4.73 billion yuan ($742 million), while paying users in the social ente...
- Tencent Music to list in Hong Kong; social unit drags resultsTencent Music said on Monday its mainstay social entertainment services business shrank in the fourth quarter, overshadowing the company's ...
- 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...
- 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’s set for fastest growth since 2018 after virus outbreakTencent’s stock began climbing in February after the outbreak exposed the dichotomy of the world’s second largest tech economy. While virtu...
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