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ICT 2019-11-13 14:33

Tencent Holdings posted quarterly earnings that missed the lowest analyst’s estimate after a weakening economy hurt advertising revenue.

ICT 2019-01-25 16:22

Tencent, as well as private equity firms Hillhouse Capital and KKR & Co., are considering bids to acquire a major stake in gaming company Nexon, people familiar with the matter have said.

ICT 2019-01-22 20:41

Tencent and Netease were left out again when regulators green-lit the latest batch of online games, spurring concern that China’s largest gaming companies may have to wait longer than anticipated to start making money off hit titles.

Companies 2018-12-30 13:05

China has ended a nine-month freeze on video games, approving 80 new titles for commercial release, the Financial Times reported, citing the country’s top media regulator.

ICT 2018-11-05 09:58

Tencent will expand its age-verification system to encompass its entire games line-up, an unprecedented undertaking in response to growing criticism.

ICT 2018-10-09 10:07

The $214bn rout in shares of Tencent has entered uncharted territory.

ICT 2018-09-06 11:55

Tencent will begin using a police database to verify the ages and identities of players on its biggest mobile title, ramping up a campaign against game addiction.

ICT 2018-06-04 15:06

Nintendo has suffered its biggest two-day drop in 18 months, befuddling analysts and sending investors scrambling to explain the sell off.

ICT 2018-05-14 13:38

After the giddy heights of January when its shares hit an all-time high, Tencent has shed $78bn in value as investors price in the costs of the giant’s massive spending spree.

ICT 2018-03-22 20:10

Tencent has lost more than $26bn of market capitalisation after Asia’s most valuable company warned it will sacrifice short-term margins, spending on content and technology in pursuit of growth.

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