News

Tencent’s 2nd-quarter sales, profit top forecasts as AI gives China’s tech giant a leg up

Net profit rose 16 per cent to 56 billion yuan (US$7.81 billion ) while sales jumped 15 per cent to 184.5 billion yuan.

Tencent’s Revenue Beats Estimates in Boost for AI Ambitions

It managed double-digit growth in most major business segments including advertising, which it attributed to AI-driven ...

Tencent Posts Earnings Beat as AI Buoys Game, Ad Businesses

The videogame and social-media company posted better-than-expected results amid resilience in its key gaming business and rapid AI-led growth in its marketing-services segment.
Music Ally58m

Tencent Music revenues surge thanks to 124.4m paying users

Chinese streaming giant Tencent Music Entertainment (TME) now has 124.4 million paying users for its online music services.

Tencent Music beats second-quarterly estimates as content expansion boosts demand

Tencent Music Entertainment beat estimates for second-quarter revenue on Tuesday as an expanded content library drove higher ...

TENCENT ANNOUNCES 2025 SECOND QUARTER RESULTS

Tencent Holdings Limited (HKEX: 00700 (HKD Counter) and 80700 (RMB Counter), "Tencent" or "the Company"), a world-leading Internet and technology company in China, today announced the unaudited ...

Stocks to Watch Wednesday: CoreWeave, Cava, Alibaba, Tencent

The cloud provider for AI companies posted a bigger-than-expected quarterly loss, although its revenue more than tripled. Shares sank 9 ...