Tencent's Stock Rises More Than 1% Amid General Decline in Hong Kong Stocks

Asia stocks drift lower amid uncertainty over US rates, China stimulus

Despite a general decline in Hong Kong stocks, Tencent Holdings saw its stock rise more than 1%. This positive movement contrasts with the broader market trend, where the Hang Seng index experienced a 0.8% loss.

Tencent Holdings Ltd.

Tencent Sells Reddit Shares Worth $197.6 Million

Tencent sells Reddit shares worth $197.6 million

Tencent Holdings disclosed the sale of Reddit, Inc. Class A common stock through its wholly-owned subsidiary, Tencent Cloud Europe B.V., for approximately $197.6 million. Following the sale, Tencent Cloud Europe B.V. holds 9,238,594 shares of Reddit's Class A common stock.

Monster Hunter Outlanders: New Mobile Game from TiMi and Capcom

Monster Hunter Outlanders is new mobile game coming from TiMi and Capcom

Tencent Games' TiMi Studio Group and Capcom are developing a new mobile game called Monster Hunter Outlanders. The game is part of Capcom's popular Monster Hunter franchise, an action role-playing game series. TiMi Studio Group, known for delivering high-quality mobile games like Call of Duty Mobile and Pokémon Unite, will ensure the game features regular world events and activities, enhancing community engagement. The game's community can join on Discord for updates and play test opportunities.

Tencent and Microsoft Collaborate on Age of Empires Mobile Version

Microsoft Gaming CEO Phil Spencer Interview

Tencent Holdings Ltd. partnered with Microsoft Corp. to develop a new mobile version of the popular game 'Age of Empires', which was released globally in October. This collaboration highlights Tencent's expansion into international markets and its focus on mobile gaming.

Tencent Explores Strategic Moves in AI and In-Game Purchases

Tencent’s revenue climbs 8% after blockbuster games summer

Tencent Holdings Ltd. is exploring strategic moves in AI and in-game purchases. The company is discussing with Apple Inc. about splitting transaction fees for in-game purchases via WeChat and is considering a tie-up with Ubisoft Entertainment SA’s founding Guillemot family to take private its French investee. These moves indicate Tencent's strategic expansion into new areas and partnerships.

Tencent Q3 Revenue Rises 8% on Gaming Strength

Tencent quarterly revenue rises 8% on gaming strength

Tencent Q3 revenue rises 8% on gaming strength, matches estimates

Tencent Q3 revenue rises 8% on gaming strength, matches estimates By Reuters

Tencent Q3 Revenue Rises 8% on Gaming Strength, Matches Estimates

Tencent's profit soars 47% in Q3, revenue misses expectations

Tencent posts better-than-expected 47% profit surge as games, AI tools shine

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Tencent's Profit Surges on Mobile Game Hit, Defying China's Economic Downturn

Tencent Surpasses Q3 Expectations with Strong Profit Growth

Tencent posts 8% revenue growth on gaming rebound, sees slow AI uptake

Tencent beats forecasts with 47 percent jump in profits

Tencent Reports Strong Q3 2024 Financial Performance

Tencent in solid Q3 earnings, thanks to strong domestic gaming performance

Tencent Holdings Reports Strong Q3 2024 Growth

Tencent Signals Gradual China Recovery After Gaming Arm Revives

Tencent Holdings reported an 8% increase in third-quarter revenue to 167.19 billion yuan ($23.14 billion). The growth was driven by a 14% rise in domestic gaming revenue to 37.3 billion yuan and a 9% increase in international gaming revenue to 14.5 billion yuan, fueled by new gaming titles such as 'Dungeon & Fighter Mobile' and 'Delta Force'. Net income rose 47% to 53.23 billion yuan, surpassing analyst expectations.

Tencent Launches Palm Payment Technology and Expands Data Center Investments

Wild new ‘tap and pay’ tech emerges in China

Tencent to invest $500m for data center development in Indonesia

GoTo, Tencent Cloud, and Alibaba Cloud team up to boost cloud infrastructure in Indonesia

Tencent Holdings has launched a new biometric palm payment technology and is expanding its data center investments in Indonesia. The palm payment technology allows customers to pay by scanning their palm at the checkout, unlock doors, and use public transport. Tencent is investing $500 million for the development of a third data center in Indonesia in partnership with GoTo Group and Alibaba Group. The investment aims to deliver cloud and AI services to Indonesia and support the country's digital transformation.

Tencent Music Entertainment Reports Revenue Growth

Tencent Music Enjoys Streaming Growth as Social Side Continues Slide

Tencent Music Entertainment reported nearly 7% revenue growth in the July-September quarter, with net profits climbing 35% to RMB1.71 billion ($244 million) on revenue of RMB7.02 billion ($1 billion). Music subscription revenues grew 20% year-on-year to RMB3.84 billion ($547 million). The company introduced new product features such as dynamic player skins and audio players to enhance user engagement.

Tencent's Presence in Growing Online Social Casino Market

Online Social Casino Market Report 2024, Featuring Profiles

Tencent Holdings operates in the online social casino market, which experienced significant growth from $7.82 billion in 2023 to $8.51 billion in 2024, and is projected to reach $12.11 billion by 2028.

Tencent's 12.42% Passive Stake in Reddit

Tencent's Major Investment in Reddit

Tencent Holdings Limited acquired a 12.42% passive stake in Reddit as of September 30, 2024. This investment is part of Tencent's broader strategy to expand its influence in online communities beyond its core markets.

Tencent Holdings Ltd. is a Chinese multinational technology conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimedia companies in the world based on revenue and is the world's largest company in the video game industry based on its equity investments.

腾讯企业邮箱

Tencent uses technology to enrich the lives of Internet users.
Our communications and social platforms Weixin and QQ connect users with each other, with digital content and daily life services in just a few clicks. 
Our high performance advertising platform helps brands and marketers reach out to hundreds of millions of consumers in China. 
Our financial technology and business services support our partners' business growth and assist their digital upgrade. 
We invest heavily in talent and technological innovation, actively participating in the development of the Internet industry. 
Tencent was founded in Shenzhen, China, in 1998, and listed on the Main Board of the Stock Exchange of Hong Kong since June 2004.

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Dowson Tong, head of Tencent Cloud, will be on the main stage at #LEAP24. Join him for a fireside chat with moderator Martina Fuchs about how collaborating with international tech companies can accelerate innovation and digital transformation in business and industry. It’s your chance to learn how key sectors like entertainment, retail, and tourism can benefit.
 
See you there!

They’ve got the ring of a sci-fi flick, but these innovations are primed to improve daily life — and soon. Think vertical take-off cars, AI personal assistants, brain-computer interfaces that let you shop with your mind, and robots cooking your dinner. 

An independent panel of scientists, academics, and industry experts curated this selection of #TechTrends around the corner. 

Discover the full #Top10 list of technological advances likely to drive economic growth and social and environmental benefits this year and beyond https://lnkd.in/g7tMnS_d.

#Technology #Innovation #DigitalTransformation

Major tech event LEAP is back for its third year and we’ll be there! Looking forward to hanging out and exchanging ideas with innovators and thought leaders from global companies, startups, and other organizations shaping a digital future. Join us for insightful fireside chats and panel discussions, or simply come and say hi at our exhibition booth.
 
📅 March 4-7, 2024
👋 Hall 1A, Booth G90
📍 Riyadh Exhibition and Convention Center

Step into the attractions of ancient China at the Musée du Louvre. The ROTOR features a priceless collection of cultural treasures from the country’s leading small and medium-sized museums. Precious relics include a Han Dynasty horse chariot, a Ming Dynasty duck-shaped incense burner, a Shang Dynasty bronze mask, and a Tang Dynasty stone carving of a band of musicians and dancers.
 
That’s not all. Starry, a virtual human, reimagines these pieces as modern artworks using AI. It’s like nothing you’ve seen before, a new way to preserve cultural heritage for future generations to enjoy. 
 
Explore the exhibition: https://lnkd.in/gvb8HjGb
#CulturalHeritage #Archaeology #AI

Two years ago, we pledged to become carbon neutral by 2030. We’re making good progress by embedding sustainable practices into every facet of the company’s operations, from data centers to workplaces. But to combat climate change we must work together.
 
That’s why we’ve created platforms and games to encourage consumers to live greener lifestyles. And are facilitating businesses and industries to transform to low-carbon operations. We’re also connecting changemakers and innovators in the climate tech sector, and empowering them to find solutions for a greener, more sustainable planet. 

We've received SBTi validation for our GHG emissions reduction targets and have been included in the Dow Jones Sustainability World Index 2023. 

#ClimateAction #GreenTech #ClimateTech #Innovation

Tencent Holdings Limited, an investment holding company, provides value-added services (VAS) and Online advertising services in Mainland China and internationally. The company operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. It offers online games and social network services; FinTech and cloud services, and online advertising services. The company is also involved in the production, investment, and distribution of films and television programs for third parties, as well as copyrights licensing, merchandise sales, and other activities. n addition, it develops software; develops and operates online games; and provides information technology, information system integration, asset management, online literature, and online music entertainment services. Tencent Holdings Limited company was founded in 1998 and is headquartered in Shenzhen, the People's Republic of China.

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Tencent Holdings Ltd.

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410.80

21/11 08:08

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