Goldman Sachs analyst Ronald Keung maintained a Buy rating on Tencent Holdings ADR (OTC:TCEHY) and a price target of 542 Hong Kong dollars ($69.70 U.S. dollars). Keung attended the Tencent Video ...
Tencent Holdings Ltd. has agreed a deal with Apple Inc. that will see the iPhone maker handle payments and take a 15% cut of purchases in WeChat mini games and apps, according to people familiar with ...
Update 9:34am PT: There is no direct deal between Apple and Tencent for the 15% commission rate on WeChat mini games and apps. Instead, Tencent is taking advantage of Apple’s new App Store Mini Apps ...
(Bloomberg/Pei Li) — Tencent Holdings Ltd. has struck a deal with Apple Inc. that will see the iPhone maker handle payments and take a 15% cut of purchases in WeChat mini games and apps, resolving a ...
Tencent Holdings Ltd. (NYSE:TME) has agreed to a new payment arrangement with Apple Inc. (NASDAQ:AAPL) that will allow Apple to handle transactions and collect a 15% commission on spending inside ...
Tencent is accelerating growth post-regulatory trough, with strong revenue, margin expansion, and robust free cash flow supporting record buybacks and dividends. AI monetization is inflecting, driving ...
Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook All businesses under Tencent’s content unit achieved profitability at the end of 2022. Credit: ...
Despite concerns over Chinese government restrictions, Chinese companies like Tencent continue to generate significant cash flow. Tencent's dominance extends beyond China, with its products and ...
Apple has been pressuring ByteDance and Tencent to close loopholes in China that funnel customers to external payment systems for making in-app purchases, according to a report by Bloomberg. Anyone ...
Tencent’s AI chatbot app, Yuanbao, has climbed to the top of the free app download rankings in Apple’s China App Store as of March 3, surpassing DeepSeek. Doubao, a competing AI chatbot from TikTok ...
Tencent Holdings Ltd.’s shares rose to their highest since 2021 after DeepSeek, the AI service that’s shaken up the industry since its emergence this year, debuted on the big tech company’s WeChat ...