TCEHY Stock Recent News
TCEHY LATEST HEADLINES
WizardLM, a Beijing-based Microsoft AI research group, appears to have joined Tencent, the Chinese company that owns WeChat and blockbuster games like PUBG Mobile.
Tencent Music Entertainment exceeded analysts' expectations for first-quarter revenue on Tuesday, driven by growth in subscribers for its online music services.
Stocks surged on Monday as the U.S. and China announced a deal to temporarily reduce their high reciprocal tariffs, leading to much optimism that a global economic recession may be avoided.
Tencent's first-quarter 2025 performance is expected to benefit from continued momentum in its games and initiatives across AI and advertising.
Shenzhen, China, April 30, 2025 (GLOBE NEWSWIRE) -- With the rapid popularization of AI technology, the global pharmaceutical industry is entering a crucial stage of digital transformation. Today, Tencent Healthcare has launched Next Generation Engagement Suite R4.0 (NGES R4.0) to help global pharmaceutical multinationals leverage cutting-edge AI technology for their operations and expansion into the Chinese market.
Alibaba's shares rose due to generative AI investments and core domestic commerce growth, with plans to enhance cloud infrastructure and AI capabilities. Tencent's shares increased as gaming growth reaccelerated, profitability exceeded expectations, and AI investments boosted advertising technology and product enhancements. Kingdee's shares surged on optimism for AI features improving enterprise productivity, driving digital transformation, and transitioning to a subscription-based cloud model.
China's tech giants Baidu BIDU and Tencent Holdings Limited TCEHY have both emerged as major players in the artificial intelligence (AI) race. Baidu – often called the “Google of China” – dominates Internet search and online advertising in its home market, while Tencent runs the ubiquitous WeChat super-app and a vast gaming and social media empire.
Pony AI Inc (NASDAQ: PONY) is up some 20% in premarket after the Chinese startup said it has teamed up with Tencent to develop autonomous driving technology. At the time of publishing, the stock has pared some early gains and now trades around 10% higher.
Tencent Music Entertainment Group is in advanced talks to buy China's largest online audio platform Ximalaya Inc for $2.4 billion, Bloomberg News reported on Friday.
SHANGHAI, China, April 25, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, announced a strategic partnership with Tencent Cloud and Smart Industries Group ("CSIG", or the "Tencent Cloud"), the cloud business of Tencent Holding Limited (HKEX: 00700, “Tencent”), a world-leading Internet and technology company in China, to jointly advance autonomous driving technology and accelerate the commercialization of Robotaxi services. This partnership will amplify Pony.ai's cutting-edge autonomous driving technology by leveraging Tencent's ecosystem — including Weixin, Tencent Maps and its robust cloud computing, big data and AI infrastructure. It marks a significant step forward for Pony.ai's ongoing journey toward large-scale commercialization.