Tencent sets $10 billion buyback after sales beat estimates

Quick Summary:

The world’s biggest games publisher scored last year with game releases from Nexon’s Dungeon & Fighter Mobile to its own PC shooter Delta Force.

With a billion-plus users, WeChat remains Tencent’s most dependable asset as it takes on a bigger monetization role in areas from advertising to mini-games and online commerce.

The Chinese startup’s R1 has triggered soul-searching among Chinese tech giants, who’re ramping up the release of similar model upgrades or raising investments in AI infrastructure.

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Article Details

Author / Journalist: Bloomberg

Category: EconomyBusiness

Markets: United States

Topics: Bloomberg Editor's Picks Tencent Featured Video Games China

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 09:38:58 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 731 words

Reading Time: 5 minutes read

Sentences: 4 lines

Sentence Length: 183 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27170352

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Official Website: fortune.com

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