TCEHY Stock Recent News

Dublin, July 23, 2024 (GLOBE NEWSWIRE) -- The "Bahrain Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering. The Bahrain Data Center Market was valued at USD 167 million in 2023, and is expected to reach USD 291 million by 2029, rising at a CAGR of 9.7%. This report analyses the Bahrain data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments.

Tencent's Q1 showed promise with continual momentum in the online ads business. Tencent's strong gross profit growth and high free cash flow margins make it potentially attractive as a capital return play. The company's low valuation, with a P/E ratio of less than 14X, presents an opportunity for investors.

South Korean gaming company Shift Up is set to price its initial public offering (IPO) at the top end of its price band and raise $313 million, according to a source with direct knowledge of the matter.

Tencent Holdings Ltd's newly launched "Dungeon & Fighter" (DnF Mobile) has got off to a strong start, dominating top-grossing charts on Apple's iOS platform in China for nearly a month, industry data showed.

Mars Hou announced the first batch of overseas sites for the "Empower Esports Worldwide Series" - Saudi Arabia, France, and Japan Mars Hou announced the first batch of overseas sites for the "Empower Esports Worldwide Series" - Saudi Arabia, France, and Japan

South Africa's Naspers said on Monday its full-year earnings more than doubled, buoyed by improved performance of its e-commerce businesses and contribution from China's Tencent , which accounts for the bulk of earnings and revenues.

Tencent, China's largest game developer by revenue, announced that it is removing its popular mobile game “Dungeon & Fighter” (DnF Mobile) from certain Android app stores starting Thursday.

Tencent is removing from Thursday its hit mobile game "Dungeon & Fighter" (DnF Mobile) from selected Android app stores as its contracts have expired, the company said.

Tencent Holdings maintains a leading position in the Chinese gaming, social networks, and tech sectors, with the majority of revenue now generated by non-VAS segments. Domestic gaming offers upside potential if regulatory pressures are eased to meet submerged demand. Strong balance sheet, cash flows, buybacks, and diversifying businesses show good prospects, but geopolitical jitters pose downside risks.

BEIJING--(BUSINESS WIRE)--Western Union today announced that it has expanded its collaboration with Tencent Financial Technology to partner with Tenpay Global, Tencent's cross-border payment platform. Customers around the world can now send money from westernunion.com and Western Union's app directly to their loved ones' wallets and bank accounts based in China and available within Weixin — known globally as WeChat. Western Union operates one of the world's largest money transfer networks. The.