November 18, 20240 Comments

Tencent challenges Amazon, Microsoft cloud dominance with WeChat ecosystem

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 SINGAPORE — Chinese tech giant Tencent is increasingly leveraging its WeChat super-app ecosystem to set itself apart from dominant global cloud service players, Tencent Cloud CEO Dowson Tong said.   More clients are interested in engaging in the creation of their

Read More
November 13, 20240 Comments

Tencent Q3 revenue rises 8% on gaming strength, matches estimates By Reuters

BEIJING (Reuters) – Chinese technology giant Tencent Holdings (OTC:) posted on Wednesday a 8% rise in third-quarter revenue, driven by growth in its gaming business after the recent launches of new titles. Tencent, the world’s largest video game company and operator of the WeChat messaging platform, reported revenue of 167.19 billion yuan ($23.14 billion) for the quarter ended Sept. 30, in line with average analyst estimates of 167.8 billion yuan,

Read More