Revenues from VAS increased by 9% Y/Y to CNY82.7 billion. International Games revenues were CNY14.5 billion, up 9% Y/Y, due to robust performances from games including PUBG MOBILE and Brawl Stars.
Barclays analyst Jiong Shao initiated coverage of Tencent Music (TME) with an Overweight rating and $16 price target The combination of a market with little competition, management’s track ...
Bernstein initiated coverage of Tencent Music (TME) with an Outperform rating and $14 price target The company is a leader in its sector with a strong supply-side differentiated model and growth ...
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Tencent and Ubisoft’s Guillemot family are considering a buyout, which strategically benefits Tencent's gaming division by leveraging Ubisoft's proven AAA titles for the Chinese market. Despite ...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
Delta Force: Hawk Ops, the free-to-play tactical FPS and Call of Duty/Battlefield challenger from publisher Tencent, is launching for PC as a global open beta on 5th December this year.
Hong Kong-listed Tencent Holdings Limited (HK:0700) has earned favourable support from analysts, driven by the solid outlook for its gaming revenue growth. Earlier this week, analysts from CMB ...
PUBG Studios, the studio behind, yup, PUBG, has unveiled Project ARC, a new 5v5 PvP shooter viewed from a top-down perspective and featuring 'shared real-time line of sight'. Project ARC is ...
Tencent has confirmed that Sharkmob London has suffered layoffs. As reported by PocketGamer, the studio has undergone a “reduction in headcount”. “In line with many studios, Sharkmob has been impacted ...
Get up to 10 years of daily historical stock prices & volumes. The "Close/Last" is the “adjust consolidated close price”. Data provided by Edgar Online. The net and percent change in the ...