There's a least one demographic in China that's opening up their wallets: gamers. That cohort helped power a one-third rise ...
Tencent Holdings, operator of China's biggest social media app and the world's largest video gaming business by revenue, beat ...
Tencent’s Honor of Kings remained a top-ranked game in China, while PUBG Mobile continued to do well overseas. Online gaming revenues surged 29% to $6bn (£4.4bn) in the last quarter of 2020 ...
Please click here to read Last Night's Performance.Tencent reported Q3 financial results after the Hong Kong close that met analysts’ Q3 revenue expectations while beating on adjusted net income and ...
Tencent's current valuation appears inflated at 20x forward P/E, with better investment opportunities in PDD, which benefits from China's macro environment and global growth. The potential buyout ...
Apple has been pressuring ByteDance and Tencent to close loopholes in China that funnel customers to external payment systems ...
Tencent's cloud unit will build its third internet data centre in Southeast Asia's largest economy, part of a commitment worth around $500 million for Indonesia by 2030, according to the statement.
Due to its proven track record, Tencent Music, which owns three of the five major online music apps in China, is "a compelling asset to own," says Barclays. TME has a PT set at $16, implying an ...