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Tencent Music Revenue Jumps 18% on Strong Subscription Growth: ‘Impressive Momentum’
C hina’s top music streaming platform Tencent Music Entertainment (TME) reported its second quarter revenue rose nearly 18% to 8.44 billion RMB ($1.18 billion), driven by a whopping 26% growth in its music services division,
Asian equities were mostly higher overnight as Hong Kong and Thailand outperformed, while Australia and Pakistan ...
This wasn't lost on analystsat least 16 of them now expect the stock to break past its 2021 peak, a level it hasn't touched ...
Tencent reported second-quarter revenue growth of 15% on Wednesday, driven by robust gaming performance and deployment of AI ...
Barchart on MSN2h
China is Pushing Back Against Biggest Firms Using Nvidia Chips Despite Trump Clearing H20 AI Chips for Export
Nvidia's return to the Chinese market with its H20 AI chips, facilitated by a recent easing of U.S. export restrictions, is ...
After a market rout, gaming companies like Tencent and Netease rallied on signals that regulators might apply proposed curbs on users less harshly than feared. By John Liu Reporting from Seoul The ...
Tencent reported second-quarter revenue growth of 15% on Wednesday, driven by robust gaming performance and AI-powered ...
Tencent Holdings Ltd. bought back a record HK$10 billion ($1.3 billion) of shares in December and accelerated the pace even further this month after China’s gaming regulator surprised investors ...
Tencent has a strong presence in China, with over 1 billion active users of its social media platform, WeChat. Tencent has a growing international presence with offices in over 10 countries.
Chinese tech giant Tencent said on Wednesday it lacks clarity on U.S. AI chip imports as Beijing and Washington continue ...
Net profit rose 16 per cent to 56 billion yuan (US$7.81 billion ) while sales jumped 15 per cent to 184.5 billion yuan.
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