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Tencent

Earnings Summary: Highlights of Tencent Music’s (TME) Q3 2025 report

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Tencent Music Entertainment Group (NYSE: TME), a leading music streaming platform in China, on Wednesday reported financial results for the third quarter of fiscal 2025. Third-quarter revenues increased 20.6% year-over-year to RMB8.46 billion, primarily due to strong year-over-year growth in revenues from online music services Revenues from online music services were RMB6.97 billion, up 27.2% year-over-year; … Read more

Tencent Q2 earnings 2025

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The Tencent logo is displayed on the exterior of a building at the company’s headquarters, with a surveillance camera visible in the foreground, on November 30, 2024, in Shenzhen, Guangdong Province, China.  Cheng Xin | Getty Images News | Getty Images Tencent on Wednesday reported a 15% jump in second-quarter revenue as a strong performance in … Read more

Tencent Music (TME) Q2 2025 earnings jump on higher revenues

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Tencent Music Entertainment Group (NYSE: TME), a leading music streaming platform in China, on Tuesday reported financial results for the second quarter of fiscal 2025. Second-quarter revenues increased 17.9% year-over-year to RMB8.44 billion, mainly due to strong growth in revenues from online music services Revenues from online music services were RMB6.85 billion, up 26.4% year-over-year; revenues … Read more

Tencent bets WeChat and gaming will help it win Europe cloud business

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Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Tencent has spent years evolving into a gaming and social media giant in China and in the process, has built up its cloud computing capabilities. … Read more

Alibaba, Tencent freeze AI tools during high-stakes China exam

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China’s most popular AI chatbots like Alibaba’s Qwen have temporarily disabled functions including picture recognition, to prevent students from cheating during the country’s annual “gaokao” college entrance examinations. Apps including Tencent Holdings Ltd.’s Yuanbao and Moonshot’s Kimi suspended photo-recognition services during the hours when the multi-day exams take place across the country. Asked to explain, … Read more

Tencent, Baidu reveal how they’re dealing with U.S. AI chip curbs

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Niphon | Istock | Getty Images Tencent and Baidu, two of China’s largest technology companies, revealed how they’re keeping in the global artificial intelligence race even as the U.S. tightens some curbs on key semiconductors. The business’ methods include stockpiling chips, making AI models more efficient and even using homegrown semiconductors. While the administration of … Read more

Click Holdings Skyrockets on Tencent Tie-Up: What’s Driving the Surge?

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Get ready people… Click Holdings Limited (NASDAQ: CLIK) is stealing the show today! As of this writing, CLIK’s stock is soaring with a jaw-dropping gain of over 230%, making it one of the biggest movers in the market. Why the fireworks? A fresh partnership with a tech powerhouse under Tencent’s Sustainable Social Value (SSV) initiatives … Read more

Tencent bets on WeChat empire to get ahead in China AI race

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China has not released specific regulation around non-fungible tokens. But technology platforms like Tencent’s WeChat are taking a cautious approach to prevent speculation with NFTs. Sopa Images | Lightrocket | Getty Images Tencent‘s WeChat app is indispensable for people in China. It has 1.4 billion monthly users and is the main messaging service in the … Read more

Tencent Music (TME) Q1 2025 earnings more than double on higher revenues

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Tencent Music Entertainment Group (NYSE: TME), a leading music streaming platform in China, has reported a sharp increase in net income for the first quarter of 2025, aided by a 9% growth in revenues. First-quarter revenues increased 8.7% year-over-year to RMB7.36 billion (US$1.01 billion), mainly reflecting strong year-over-year growth in online music services, partially offset by lower … Read more

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