Tencent Profit Momentum Continues on Gaming Strength
Tencent’s core gaming business delivered strong results as the Chinese technology giant contended with a cooling economy.
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.
Games Recovery Lifts China's Tencent to 47% Quarterly Profit Increase
Sometimes described as the world's largest games company in revenue terms, China's Tencent increased its net profits by 47% in the three months from July to September. Gains were driven by both its domestic and international games businesses.
Tencent’s Third-Quarter Profit Surged 47%, Beating Market Estimate
Tencent’s core gaming business delivered strong results as the Chinese technology giant contended with a cooling economy.
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 slightly.
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 ...
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Tencent Q3 Revenue Rises 8% on Gaming Strength, Matches Estimates
BEIJING (Reuters) - Chinese technology giant Tencent Holdings posted on Wednesday a 8% rise in third-quarter revenue, ...
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% & ...
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 ...
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 ...
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 ...
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 ...
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.
Tencent’s Revenue Climbs 8% After Blockbuster Games Summer
Tencent Holdings Ltd.’s revenue rose 8% after the summer release of Dungeon & Fighter Mobile helped China’s most valuable ...
Tencent's gaming rebound drives Q3 revenue up 8% amid fintech weakness
BEIJING (Reuters) -Chinese technology giant Tencent Holdings posted on Wednesday a 8% rise in third-quarter revenue, ...