Tencent Reports 47% Profit Jump as Games and AI Drive Growth
Tencent posted a stronger-than-expected 47% profit surge in the third quarter, driven by gains in gaming, advertising, and cloud services, as announced on Wednesday. The Chinese social media and gaming giant reported profit attributable to shareholders rose to 53.
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’s revenue climbs 8% after blockbuster games summer
TENCENT Holdings’ revenue rose 8 per cent after the summer release of Dungeon & Fighter Mobile helped China’s most valuable company resist a severe economic downturn. Read more at The Business Times.
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.
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.
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
Tencent brings Android games to Microsoft Store on Windows 11
Microsoft has partnered with Tencent to bring Android apps and games to Windows 11 users in China. This partnership allows ...
Tencent posts better-than-expected 47% profit surge as games, AI tools shine
Tencent on Wednesday reported quarterly profit well above analysts’ expectations, amid strength in its gaming business.
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Tencent’s mobile game Monster Hunter: Outlanders opens pre-registration
Chinese gaming publisher Tencent and Japanese video game company Capcom have launched the official website for their mobile game Monster Hunter: ...
Games Recovery Lifts China’s Tencent to 47% Quarterly Profit Increase
China’s Tencent increased net profits by 47% in the quarter to September, driven by both its domestic and international games ...
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Tencent reports profit beat on games growth, touts AI benefits
Chinese social media and gaming company Tencent on Wednesday reported better-than-expected profit in the third quarter, ...
Tencent Holdings Reports Strong Q3 2024 Growth
Tencent Hldgs ( (TCEHY) ) has released its Q3 earnings. Here is a breakdown of the information Tencent Hldgs presented to its investors.