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Tencent Music returns to growth
Tencent Music returns to growth as online music offsets crackdown hit
Tencent Music Entertainment reported a return to quarterly revenue growth on Tuesday, after four straight quarters of decline, as strong performance in its online music services offset the impact of China's online gambling crackdown on its social entertainment business.
Tencent Music Enjoys Streaming Growth as Social Side Continues Slide
China's leading digital music group Tencent Music enjoyed a quarter in which streaming growth outweighed a depressed social entertainment side.
Tencent Music Profit Jumps 35% on Subscriber Growth
Tencent Music Entertainment reported a 35% uptick in profit after the Chinese music streamer added 2 million subscribers over the third quarter.
18h
on MSN
Tencent Music misses quarterly revenue estimates as social entertainment unit drags
Tencent Music Entertainment missed estimates for quarterly revenue on Tuesday, as Beijing's crackdown on online gambling ...
11h
Tencent Music's Q3 Revenue Tops $1 Billion, But Monthly Active Users Fall 3%, Stock Reacts
Tencent Music Entertainment Group (NYSE:TME) reported a fiscal third-quarter 2024 revenue growth of 6.8% year-over-year to $1 ...
1d
Tencent's Third-Quarter Net Profit Likely Rose 25% -- Earnings Preview
Tencent's Hong Kong-listed stock has climbed 40% this year after rising 19% in the third quarter. China's aggressive policy push in late September pushed up share prices across the market. Tencent has ...
Benzinga.com
18h
Why Tencent Music Entertainment (TME) Stock Is Down 8%
Tencent
Music shares fell 8.4% Tuesday afternoon. Concerns over intensifying U.S.-China relations sparked a broader selloff ...
GosuGamers
2h
Tencent unveils open-world Monster Hunter Outlanders mobile game
Capcom has teamed up with TiMi Studio Group of
Tencent
Games to create a new Monster Hunter mobile game. Titled Monster ...
6d
As Tencent’s New Games And Shows Draw Fans In Droves, Founder Pony Ma Reclaims Title Of China’s Second Richest Person
Ma added $14.7 billion to take his wealth to $46.8 billion and reclaimed the title of China’s second-richest person after a ...
Spotify
18h
Over 8% of Tencent Music’s subscribers are Super VIP. That’s 10m users paying 5x the standard subscription price
Tencent
Music Entertainment has published its financial results and user metrics for Q3 2024 (the three months ending ...
1d
on MSN
Tencent plans to invest $500M in Indonesia to boost cloud infrastructure
Tencent plans to establish its third internet data center in Indonesia, expanding team up with Alibaba (BABA) and GoTo to ...
Datacenter Dynamics
1d
Tencent to invest $500m for data center development in Indonesia
Tencent Holdings is set to invest $500 million as part of plans to develop a third data center in Indonesia. The investment ...
1d
Tencent, Visa partnering on palm-based authentication in Singapore, Nikkei says
Tencent (TCEHY) is partnering with Visa (V) to launch a palm biometric authentication payment service in Singapore, the technology’s ...
3h
Prosus Gains $2 Billion on Swiggy Investment with IPO Valuation
Tencent Holdings Ltd.’s top backer Prosus NV said it has made more than $2 billion on its Swiggy investment as it continues ...
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