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Tencent's gaming rebound drives Q3 revenue
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 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 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.
1d
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 ...
9h
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 ...
1d
Tencent's $23.9 Billion Quarter: Gaming, AI, and E-Commerce Dominate the Tech Landscape
Look beyond the headlines, and you'll see Tencent's ecosystem flexing its muscles. Mini Programs raked in over RMB2 trillion ...
1d
Tencent Q3 Earnings: Gaming And AI Fuel Profit Growth, Pony Ma Eyes E-Commerce Expansion
Tencent Holding Ltd reported 2024 Q3 results with 8% revenue growth to $23.9 billion, beating analyst estimate. MAU grew 3% & ...
18h
Strong Growth and Positive Outlook Support Buy Rating for Tencent Holdings
Analyst Saiyi HE of CMB International Securities maintained a Buy rating on Tencent Holdings Limited (TCTZF – Research Report), retaining ...
1d
Chinese Tech Giant Tencent Posts 8% Revenue Growth In Q3
Chinese tech giant Tencent on Wednesday posted an eight percent year-on-year expansion in third-quarter revenue, driven by what it called "robust" growth in its gaming business.
2d
Tencent posts better-than-expected 47% profit surge as games, AI tools shine
Chinese gaming and social media giant Tencent on Wednesday reported profit above analysts’ expectations, while revenue missed ...
1d
Tencent Reports Strong Q3 2024 Financial Performance
Tencent Holdings ( (TCTZF) ) has released its Q3 earnings. Here is a breakdown of the information Tencent Holdings presented to its investors.
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