News

Q4 net profit 2.2 bln yuan vs 2.22 bln yuan forecast Q4 revenue 5.52 bln yuan vs 5.41 bln yuan forecast (Adds Tencent CEO quote in para 11, dateline and byline) By Melanie Lee and Huang Yuntao ...
Marketing services revenue reached RMB 35.0 billion (US$ 4.87 billion) in Q4 2024, a 17% year-on-year increase, fuelled by strong advertiser demand for Video Accounts, Mini Programs, and Weixin Search ...
Tencent’s capex for FY 2024 reached CN¥76.8 billion ($10.6 billion), a sum more than triple its 2023 spending. Plenty of that went on servers and GPUs. President Martin Lau said since Q4 2024 ...
The company, which operates popular apps including QQ Music, Kugou Music, and WeSing, reported total revenues of RMB7.46 billion ($1.02 billion) for Q4, representing an 8.2% year-over-year increase.
Tencent Music's Q4 revenue of $1.02 billion beat expectations, but its monthly active users fell by over 3%, while the company announced a $1 billion share repurchase program and a $273 million ...
In the pre-market trading, Tencent Music is 1.3% higher at $13.23 on the New York Stock Exchange. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
2. Big Banks Kickoff Q4 Earnings Robust investment banking fees, strong trading income and easing pressure to boost deposit rates should make for a happy earnings season for U.S. banks.
Naspers , Africa's biggest media group, soars nearly 3 percent on the back of possible good fourth quarter results from China's Internet portal Tencent Holdings <0700.HK>. Shares in Naspers were ...
U.S.-listed shares of Tencent Music Entertainment Group (TME) rose 15.5% to their highest level in nearly eight months on Tuesday after the company announced better-than-expected quarterly results ...
Tencent Music Entertainment Group (TME), China’s dominant music streaming platform, announced robust fourth-quarter 2024 financial results on Tuesday, marked by substantial growth in its music ...