Tencent News

Tencent Surpasses Expectations with a 13% Revenue Spike to $25 Billion in Q1 2025

Tencent Holdings Ltd. reported a 13% increase in Q1 2025 revenue to $25 billion, with profits up by 14%. The company highlighted AI's significant contribution to its growth and pla...

Tencent Makes a Bold Move: Invests €1.16 Billion in Ubisoft's New Gaming Subsidiary

Ubisoft partners with Tencent in a €1.16 billion deal to create a subsidiary for its major gaming franchises, aiming for long-term growth and innovation in the gaming industry.

Tencent's Revenue Soars: A 11% Leap to $24 Billion in Q4 2024

Tencent Holdings Ltd. reports an 11% revenue increase to $24 billion in Q4 2024, with a yearly rise of 8% to $91.9 billion. The company attributes its success to AI advancements, V...

Tencent's Q4 Revenue Surges by 11% to $24 Billion, Driven by AI and Gaming Growth

Tencent Holdings Ltd. announced an 11% increase in Q4 2024 revenues to $24 billion, driven by AI-powered advertising, Video Accounts engagement, and gaming growth. Yearly revenues ...