Tencent owns major stakes in global companies, like Riot Games, and has a diverse tech portfolio. Its Weixin/WeChat app serves 1.4 billion users, blending social media with financial services.
Chinese gaming and social media leader Tencent Holdings said its investment in artificial intelligence has yet to turn into ...
China’s Tencent increased net profits by 47% in the quarter to September, driven by both its domestic and international games ...
On a generally gloomy Thursday for the stock market, Tencent Holdings (OTC: TCEHY) was something of a standout. Tencent ...
For Tencent, the rationale is clearly to capture higher ownership of a proven video game developer, leverage its ownership to publish AAA titles in China and develop similar IP catered to the more ...
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Tencent’s Q3 revenue grew 8% Y/Y to $23.9 billion, beating estimates. Tencent’s domestic games revenue rose 14%, driven by hit titles. Chinese gaming giant Tencent Holding Ltd TCEHY reported ...
Wukong", a globally successful game based on the Chinese classic "Journey to the West" from a developer in which Tencent owns a stake. As part of a gaming expansion strategy, Chief Strategy ...