Tencent reports Q3 revenue up 15% YoY to ~$27B, above ~$26.6B est., net profit up 19% YoY to ~$8.9B, above ~$8B est., and domestic game revenue up 15% YoY
The tech giant delivered a 19% increase in third-quarter net profit — Tencent Holdings reported double-digit growth on its top and bottom lines …
Tencent reports Q3 revenue of $22B, up 13% YoY, net profit of $6.18B, up 3% YoY; sales from mobile games rose 9% to ~$6.65B
Chinese gaming and social media giant Tencent Holdings (0700.HK) posted a 3% rise in third-quarter profit on Wednesday, beating analyst expectations as it flagged …
Shares of Krafton, the game studio behind PUBG, fell as much as 20% after it raised $3.8B in its Seoul IPO at a valuation of ~$19B, likely due to China concerns
Shares in Krafton Inc (259960.KS), the Tencent Holdings-backed (0700.HK) South Korean company behind blockbuster video game …
Tencent launches US game studio LightSpeed LA, to create AAA titles and increase overseas share of its total games revenue, which accounted for 23% in Q4 2019
HONG KONG (Reuters) - Tencent Holdings, China's biggest social media and video game company, launched a new California-based studio this week …
Dami Wangxiao, a sub-brand of Chinese online education platform VIPKid, announces $80M Series A led by Sequoia Capital, Tencent Holdings, and Hammer Capital
The brand aims to offer live-streamed English and maths courses to primary students in China. A sub-brand of Chinese online …
Research shows Tencent participated in 108 investment deals this year, compared to 162 in 2018, spending ~$4.9B in total, less than half of its 2018's total
Chinese internet giant Tencent Holdings, one of the most active investors in the tech world, put money into 108 deals this year compared …
Zhuanzhuan, a China-based marketplace for trading used goods, raises $300M Series B from its parent company 58.com and Tencent Holdings
Mary Ann Azevedo / Crunchbase News :
Chinese travel platform Mafengwo, which offers editorial content, bookings, and travel merchandise, raises $250M Series E led by Tencent Holdings
Mafengwo, a Chinese travel website, announced today it has raised a $250 million Series E led by Tencent Holdings. — Subscribe to the Crunchbase Daily
Xiaohongshu, a social recommendation app for cross-border shopping, raises $300M Series D at a $3B valuation led by Alibaba, with Tencent Holdings participating
Yimian Wu / China Money Network :
Xiaohongshu, a social recommendation app for cross-border shopping, raises $300M Series D at a $3B valuation led by Alibaba, with Tencent Holdings participating
Yimian Wu / China Money Network :