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 …
Tencent reports Q4 revenue up 13% YoY to ~$28.3B, vs. ~$28.2B est., its fifth quarter of double-digit growth, driven by gaming and ads, as it bets on agentic AI
Tencent Holdings Ltd. posted a 13% rise in quarterly revenue, underscoring solid momentum in its core gaming and advertising units while it ramps up a bet on agentic AI.
Tencent-owned Finnish game company Supercell says it is cooperating with a CFIUS security probe of Tencent's data practices
Supercell Oy, the Finnish game company owned by Tencent Holdings Ltd., said it's cooperating with a US government security probe of its Chinese parent's data practices.
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 …
Ubisoft delayed reporting its Q2 results after auditors found it improperly booked sales from a partnership as revenue, forcing it to restate its accounts
Ubisoft Entertainment SA said it will use money from a Tencent Holdings Ltd. investment to pay off debt after the video-game publisher breached …
Sources: Tencent and Apple signed a deal to let Apple handle payments and take a 15% cut of purchases in WeChat mini games and apps, after over a year of talks
Tencent Holdings Ltd. has agreed a deal with Apple Inc. that will see the iPhone maker handle payments and take a 15% cut …
People's Bank of China fines Ant Group ~$984M for violations in payment, settlement, anti-money laundering, and fund sales businesses, ending a years-long probe
Chinese regulators imposed more than $1 billion in fines on tech giants Ant Group Co. and Tencent Holdings Ltd. …
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...