Tencent

  • Tencent's net profit up 6% year-on-year in Q1

    Tencent Holdings' net profit for the first quarter was 29.4 billion yuan, compared with 27.856 billion yuan a year earlier, up 6 percent.

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  • Tencent buys 5% stake in Australian payments firm Afterpay

    Tencent Holdings said on Friday that it had bought a 5% stake in Australian payments technology company Afterpay Ltd.

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  • ByteDance to take on Tencent with plan to hire 1,000 more for game business

    ByteDance's game business will recruit more than 1,000 people in 2020 to meet the research and development needs of multiple game product lines, head of the company's game business Yan Shou said today. 

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  • Tencent to hold annual game conference in June

    Tencent Games announced today that it plans to hold the "Tencent Games Annual Press Conference" in June this year, when it will release the new Tencent Games 2020 new expansion "Spark More".

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  • Tencent 'PUBG Mobile' overseas revenue exceeded $91M in March, a record high

    Tencent's "PUBG Mobile" overseas revenue in March exceeded $91 million, an increase of 66.8% month-on-month, and an increase of 33.6% year-on-year, hitting a record high.

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  • Tencent establishes its first hardware lab to speed up server development

    On April 9, Tencent Cloud announced the establishment of "Star Lake Lab", the first hardware engineering lab in Tencent's history to increase investment in technology.

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  • Tencent builds China's first intelligent microscope for clinical use

    Tencent announced today that it has created China's first clinically applied smart microscope.

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  • Tencent releases China's first serverless database, reducing costs by 70%

    Tencent Cloud today released China's first new serverless database product-PostgreSQL for Serverless. Compared with the database on the common cloud, the database can be deployed in as fast as 1 second, and the cost is reduced by 70%.

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  • Patent shows Tencent may make chess robots with mechanical arms

    Recently, Tencent announced the patent of "A Manipulator Device and Intelligent Chess Robot". The application date is December 12, 2019, and the announcement date is March 24, 2020.

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  • Tencent shareholding structure shows Pony Ma holds $40 billion worth of shares

    Tencent's 2019 annual company report recently revealed that Tencent's largest shareholder is MIH TC, which still holds a 31% stake; Tencent CEO Pony Ma holds 8.58% and Martin Lau holds 0.55%.

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