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 posts 8% revenue growth on gaming rebound, sees slow AI uptake
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 sees revenue, net profit rise in Q3
SHENZHEN - Chinese internet giant Tencent has reported year-on-year increases in revenue and net profit during the third quarter of 2024. Tencent raked in some 167.2 billion yuan ($23.2 billion) in its total revenue during the third quarter,
Tencent Q3 Earnings Easily Beat Estimates, Revenue Rises 8% on Accelerating Gaming
Tencent said its revenue rose 8% year-over-year (YoY) to RMB167.2 billion (US$23.14 billion) for the third quarter, roughly in line with Wall Street expectation. The top line remained firm for the second quarter.
Tencent signals slow AI monetisation; gaming drives 8% Q3 revenue growth
BEIJING (Reuters) -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’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 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 ...
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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, ...
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.
At least Tencent can retreat into a virtual world
There's a least one demographic in China that's opening up their wallets: gamers. That cohort helped power a one-third rise ...
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Tencent Holdings Ltd (TCEHY) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and ...
Net Cash Position: RMB95.5 billion, up 33% quarter-on-quarter. Tencent Holdings Ltd (TCEHY) reported robust revenue ...
Tencent Music's Q3 Revenue Tops $1 Billion, But Monthly Active Users Fall 3%, Stock Reacts
Tencent Music Entertainment Group (NYSE:TME) reported a fiscal third-quarter 2024 revenue growth of 6.8% year-over-year to $1 ...
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, ...
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% ...