Tencent has acquired several major game developers, like Riot Games and Grinding Gear Games. These acquisitions allow Tencent to be involved in live gaming services and high-quality games like ...
Tencent Holdings’ Honour of Kings: World is among China’s first batch of video games approved in 2025, raising expectations that the title, which is still under development, will turn out to ...
(Image for representation) "DreamStar", a mobile game by Tencent, is seen on a mobile phone next to a logo of Tencent Games, in this illustration picture taken March 19, 2024. REUTERS/Tingshu Wang ...
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In a report released on January 19, Yang Liu CFA from Morgan Stanley upgraded Tencent Music Entertainment Group (TME – Research Report) to a Buy, with a price target of $13.00. Yang Liu CFA has ...
Morgan Stanley upgraded Tencent Music (TME) to Overweight from Equal Weight with an unchanged price target of $13, 25% upside. The firm sees “emerging value” from the company’s “resilient ...
Back in October, Bloomberg reported that Ubisoft's founding Guillemot family and shareholder Tencent were in discussions to take the company private following a number of high-profile flops ...
Tencent Holdings Ltd. and Ubisoft Entertainment SA’s founding Guillemot family are considering creating a new venture that would include certain Ubisoft assets as they seek to boost the French v ...
What just happened? Tencent, the tech giant that has investments and ownership stakes in firms ranging from Riot and Epic to Activision Blizzard and Reddit, has been added to the Department of ...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
In the world of video games, Tencent is one of the major players in part because it owns Riot Games--the company behind League of Legends--as well as stakes in other companies, including Epic Games.