The studio says the money is being put towards expansion and speeding up development on hyper-realistic shooter Unrecord ...
South China Morning Post reported that Tencent made 39 investment deals with 37 companies last year, just over a third of the 95 deals struck in 2022. And compared to 2021’s 299 deals that marks a ...
Tencent stock slipped on Tuesday after the entertainment company announced an investment in an indie game developer.
China-based internet and gaming firm Tencent dramatically cut the number of investments it made last year. The South China Morning Post reported that the company agreed upon 39 investment contracts ...
SIGGRAPH Asia 2025 recently opened at Hong Kong’s Convention and Exhibition Centre, where Tencent appeared as a featured ...
Martin Lau, Tencent’s (TCEHY) President stated during the Q2 conference call that the company’s “share price is very undervalued,” indicating that it could continue to buy back its stock. However, it ...
Prosus, an Amsterdam-listed tech investment holding, trades at a 38% discount to NAV, primarily composed of publicly listed securities like Tencent. Prosus has been divesting Tencent shares and buying ...
Tencent's first-quarter revenue and adjusted operating profit grew by 13% and 18% year on year, respectively, led by the games and advertising businesses. The company also conducted HKD 17 billion in ...
Reuters reported Tencent might sell some or all of its Meituan holdings this year, though Tencent called the report ‘inaccurate’ Some think Tencent might sell other stakes in its more than 70 U.S.- ...
Tencent Holdings and Sony have teamed up to acquire a nearly one-third stake in Elden Ring developer FromSoftware, the studio’s parent company announced on Wednesday. The deal means a Tencent ...
HONG KONG (Reuters) - Tencent Holdings Ltd is leading a deal to invest 10 billion yuan ($1.59 billion) in Chinese menswear group Heilan Home Co Ltd, upping a retail rivalry with fellow internet giant ...
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