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Tencent Reports 47% Profit Jump
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 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 Reports 47% Profit Jump as Games and AI Drive Growth
Tencent posted a stronger-than-expected 47% profit surge in the third quarter, driven by gains in gaming, advertising, and cloud services, as announced on Wednesday. The Chinese social media and gaming giant reported profit attributable to shareholders rose to 53.
4d
on MSN
Games Recovery Lifts China’s Tencent to 47% Quarterly Profit Increase
China’s Tencent increased net profits by 47% in the quarter to September, driven by both its domestic and international games ...
10d
As Tencent’s New Games And Shows Draw Fans In Droves, Founder Pony Ma Reclaims Title Of China’s Second Richest Person
Ma added $14.7 billion to take his wealth to $46.8 billion and reclaimed the title of China’s second-richest person after a ...
4d
on MSN
Tencent posts better-than-expected 47% profit surge as games, AI tools shine
Tencent on Wednesday reported quarterly profit well above analysts’ expectations, amid strength in its gaming business.
Business Times
4d
Tencent’s revenue climbs 8% after blockbuster games summer
TENCENT Holdings’ revenue rose 8 per cent after the summer release of Dungeon & Fighter Mobile helped China’s most valuable ...
The Motley Fool
3d
What Companies Does Tencent Own?
The Chinese company operates some of the most widely used communications tools in the world and publishes some of the most popular
video
games.
Tencent
also has cloud computing, advertising ...
2d
Tencent adds 3,000 jobs in third quarter, signalling Big Tech growth in China amid AI race
Chinese internet giant Tencent Holdings added more than 3,000 jobs in the third quarter, in a sign that the country's most ...
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