Alibaba and Tencent lost a combined $66B in market value in ~24 hours after investors punished the two Chinese tech leaders for unclear AI monetization plans
Alibaba Group Holding Ltd. and Tencent Holdings Ltd. lost $66 billion of market value in roughly 24 hours, after the market punished …
China says its trade surplus from digital services rose 100%+ to a record $33B in 2025, boosted by overseas revenue from AI, livestreaming, and e-commerce
Chinese revenue from digital services sold abroad is soaring as tech champions from ByteDance Ltd. to Tencent Holdings Ltd. ramp …
Tencent's Hong Kong stock has risen around 95% since October 28 and Alibaba's stock is up about 85% over a similar period, as China relaxes its tech crackdown
Shares of Tencent Holdings Ltd. have nearly doubled from their recent lows on growing signs that China is preparing to end …
Tencent is no longer China's most valuable company after its shares dropped 64% since Jan. 2021, wiping $623B in market value, more than any other firm globally
Tencent Holdings Ltd. has lost its title as China's biggest company to liquor giant Kweichow Moutai Co., the latest sign … Tweets: @doomlaser , @jojjeols , and @chinabeigebook Tweets: @doomlaser : @Te...
Analysis: Tencent and Alibaba, whose stocks have dropped 60% and 65% respectively since February 2021, have lost more market value than any other stock globally
Just 18 months ago, Tencent Holdings Ltd. was on the cusp of becoming Asia's second trillion-dollar company … Tweets: @technology Tweets: @technology : Next week, Tencent will seek to assure investors...
Despite China's private sector crackdown in 2021, two unidentified Tencent executives still earned $200M+ each; Tencent's shares dropped 19% in 2021
Tencent Holdings Ltd. doled out more than $200 million apiece to two unidentified executives in 2021, even as it cut founder Pony Ma's compensation …
Tencent Q3 earnings misses estimates with net income of $2.9B, down 13% YoY, from revenues of ~$13.7B, up 21% YoY
- Net income dives 13% as it takes charges on investments — The social media giant is fighting ByteDance and the downturn — Tencent Holdings Ltd. posted quarterly earnings …
Sogou, a Chinese search engine backed by Tencent, sets its US IPO price range to $11 to $13 per share, plans to raise up to $585M
Sogou Inc., the Chinese search engine backed by Tencent Holdings Ltd., aims to raise as much as $585 million in a U.S. initial public offering.
Tencent beats Q2 estimates with net profit up 47% to $1.61B YoY, revenue up 52% to $5.35B, and mobile gaming revenue doubling to $1.4B
Operator of WeChat messaging app posts 47% net profit increase in latest quarter — HONG KONG— Tencent Holdings Ltd. reported a better-than-expected 47% rise …