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TENCENT REVENUE GROWTH
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...
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...
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.
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’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...
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 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...
Tencent's 'Dungeon & Fighter' game dominates China's mobile download chartsIndustry experts Liam Mo, Casey Hall, and Miyoung Kim shed light on Tencent's strategic gaming moves and revenue challenges, unveiling the ...
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 Music beats quarterly revenue estimatesThe audio entertainment platform reported revenue of 6.89 billion yuan ($957.02 million) for the quarter. Analysts on average had expected ...
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...
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 reports Q1 profit slump, no growth in revenueTencent's revenue totalled 135.5 billion yuan ($20.08 billion) in the quarter ended March, versus 135.3 billion yuan in the same quarter la...
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...