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Tencent

🌎 tencent.com

Tencent is a leading global technology company founded in 1998, focused on enriching the lives of internet users and assisting enterprises in their digital transformation. With a strong presence in online gaming, social networking, e-commerce, and various digital services, Tencent aims to connect people through innovative platforms. Tencent America serves as its U.S. branch, emphasizing video games and entertainment products.

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Tencent - Latest News and Updates

• Tencent Music Entertainment Group announced its third quarter 2024 unaudited financial results and successfully hosted the Zebra Music Festival in September, attracting nearly 65,000 attendees.
• Tencent plans to invest $500 million by 2030 to develop a third data center in Indonesia as part of a partnership with GoTo Group and Alibaba Group.
• Tencent partnered with Visa to launch palm recognition technology for digital payments in Singapore, starting with a pilot program involving Visa cardholders from DBS, OCBC, and UOB.
• On November 10, 2024, Tencent Cloud announced a collaboration with GoTo and Alibaba to boost Indonesia's digital economy, including building a third data center and investing $500 million in infrastructure and resources by 2030.
• Tencent introduced Hunyuan-Large, the largest open-source Transformer-based mixture of experts model with 52 billion activated parameters, enhancing its applications and serving billions of users.

• Tencent's shares surged 49% over the past year, driven by new game releases and increased advertising revenue, boosting chairman and CEO Pony Ma's wealth by $14.7 billion to reclaim his position as China's second-richest person.
• Tencent has open-sourced the Hunyuan3D-1.0 model, the first 3D open-source large model supporting both text-to-3D and image-to-3D generation.
• Tencent is involved in the 5th Anniversary event of Call of Duty Mobile, which includes a voting for the Legendary Outrider - Techborn character.
• Hideaki Itsuno, former director of Devil May Cry and Dragon's Dogma, has joined Tencent's subsidiary LightSpeed Studios to create AAA action games.
• Tencent Music Entertainment Group reported Q3 2024 revenues of RMB7.02 billion, a 6.8% increase year-over-year.

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