Tencent’s Revenue Climbs 8% After Blockbuster Games Summer
Tencent Holdings Ltd.’s revenue rose 8% after the summer release of Dungeon & Fighter Mobile helped China’s most valuable company resist a severe economic downturn.
Tencent signals slow AI monetisation; gaming drives 8% Q3 revenue growth
Chinese gaming and social media leader Tencent Holdings said its investment in artificial intelligence has yet to turn into significant revenue and may take several quarters to have a meaningful impact on earnings.
Tencent beats estimates with 47% profit jump, driven by video gaming
Tencent Holdings, operator of China’s biggest social media app and the world’s largest video gaming business by revenue, beat analyst estimates with a 47 per cent profit jump in the third quarter, helped by renewed growth in the video gaming segment.
Tencent’s Revenue Up 8% in Q3, Slightly Misses Forecasts; Profits Jump on Gaming, Ads Gains
Tencent's third-quarter profits rose 47%, exceeding estimates, with gains from gaming, advertising, and cloud services. Revenue grew 8% annually, slightly below forecasts. Tencent’s AI tools aided cloud and marketing services,
Tencent's gaming rebound drives Q3 revenue up 8% amid fintech weakness
BEIJING (Reuters) -Chinese technology giant Tencent Holdings posted on Wednesday a 8% rise in third-quarter revenue, extending momentum in its gaming business, while growth in its fintech segments softened amid China's economic headwinds.
Tencent's Q3 revenue grows as gaming unit gains momentum
Michael Vi. Tencent's (OTCPK:TCEHY) (OTCPK:TCTZF) third quarter revenue grew 8% year-over-year as recovery in its gaming business gained speed. Total revenues for Tencent — a vi
Why Tencent Holdings Stock Triumphed Today
On a generally gloomy Thursday for the stock market, Tencent Holdings (OTC: TCEHY) was something of a standout. Tencent ...
Tencent adds 3,000 jobs in third quarter, signalling Big Tech growth in China amid AI race
The Shenzhen-based tech giant has grown to more than 108,800 employees, as nearly two years of downsizing comes to an end.
Tencent Profit Momentum Continues on Gaming Strength
Tencent’s core gaming business delivered strong results as the Chinese technology giant contended with a cooling economy.
Tencent price target raised to $66 from $65 at Barclays
Barclays raised the firm’s price target on Tencent (TCEHY) to $66 from $65 and keeps an Overweight rating on the shares. The company ...
U.S. News & World Report4d
Tencent Q3 Revenue Rises 8% on Gaming Strength, Matches Estimates
BEIJING (Reuters) - Chinese technology giant Tencent Holdings posted on Wednesday a 8% rise in third-quarter revenue, ...
Yahoo Finance3d
Tencent posts 8% revenue growth on gaming rebound, sees slow AI uptake
BEIJING (Reuters) -Chinese technology giant Tencent Holdings posted on Wednesday an 8% rise in third-quarter revenue, ...
Tencent Holdings Reports Strong Q3 2024 Growth
Tencent Hldgs ( (TCEHY) ) has released its Q3 earnings. Here is a breakdown of the information Tencent Hldgs presented to its investors.
Games Recovery Lifts China's Tencent to 47% Quarterly Profit Increase
Sometimes described as the world's largest games company in revenue terms, China's Tencent increased its net profits by 47% ...