Tencent's Revenue Grows Much Slower, Game Business Gets In Trouble

s second-largest internet company, Tencent released its first quarter of 2019 financial report. In this quarter, Tencent’s revenue reached CNY 85.47 billion (USD 12.43 million), with a growth rate of 16.2% year-on-year. Its gross revenue was CNY 39.82 billion (USD 5.79 billion), with a growth ...

China’s Tech Giants Tencent and Alibaba: Survival of the Most Connected

s leading Internet technology companies, with businesses covering social media（core business）, finance, entertainment, consulting, etc., with products including WeChat, QQ, Tencent Video, Tencent Maps, Tencent Gaming, Tencent Meeting and others. Its major revenue includes value-added business, ...

Winners in China's Cloud Industry: A Glimpse of Alibaba Cloud and Tencent Cloud's Strategy

Two Chinese giants, Alibaba and Tencent, concurrently developed their own cloud service businesses: Alibaba Cloud and Tencent Cloud.A brief review of Alibaba and Tencent's businesses-        AlibabaNot restricted to delving into the e-commerce marketplace, ...

Tencent Rushes into AI Chip Design Market

On July 14, Tencent (00700:HK) posted multiple positions for AI chip development-related roles on its official recruitment website. These include chip architects, chip verification engineers, chip design engineers, which were all posted under the Tencent Technology Engineering Group (TEG).In ...