{
}
Tencent Holdings Limited has integrated DeepSeek's R1 model into its cloud services, enhancing its technological capabilities. The company's net sales are primarily derived from mobile application development (54.8%), electronic payment solutions (26.5%), and online advertising services (17.1%), with 93% of sales generated in China.
The Global Fermented Beverages market, valued at 860 billion USD in 2024, is projected to reach 1.3 trillion USD by 2032, growing at a CAGR of 6.4%. The market analysis covers major regions including North America, Europe, and Asia-Pacific, with customization options available for specific countries and applications. Key players include Apple, Microsoft, and Nestlé, with insights into market dynamics, competitive landscape, and growth drivers such as lifestyle changes and technological advancements in fermentation.
Emerging-market stocks rebounded, driven by speculation of new stimulus measures from China amid potential US tariffs. The MSCI Emerging Markets Index reversed a 0.4% decline to rise 0.3% by 7:33 a.m. in London, with notable gains from Tencent Holdings, Meituan, and Alibaba Group.
Chinese data center firm Zdata Technologies Co. is reportedly considering an initial public offering in Hong Kong. The company, which serves clients like JD.com, ByteDance, and Tencent, is in early discussions with potential advisers and could be valued at over $5 billion in the listing.
Tencent Holdings Ltd. reported a 47% surge in profit for the September quarter, reaching 53.2 billion yuan ($7.4 billion), exceeding estimates of 45.3 billion yuan. The growth was driven by the successful summer release of Dungeon & Fighter Mobile, while revenue increased by 8% to 167.2 billion yuan, aligning with projections.
Zomato congratulated rival Swiggy on its stock market debut, where shares opened at Rs 420, a 7.69% premium over the IPO price. The event saw Swiggy's IPO oversubscribed 3.59 times, raising Rs 11,327 crore, despite mixed investor sentiment. Notably, Zomato's CEO was excluded from "Shark Tank India" due to Swiggy's sponsorship.
Alibaba Group Holding Ltd., Tencent Holdings Ltd., and JD.com Inc. are set to release their earnings reports as China prepares to unveil a significant fiscal stimulus package aimed at boosting economic growth post-pandemic. These companies are likely to benefit from the measures discussed during the National People’s Congress meeting in Beijing this week.
The quantum computing in healthcare market is projected to grow from $0.06 billion in 2023 to $0.30 billion by 2028, driven by advancements in precision medicine and drug discovery, with a CAGR of 37.1%. North America leads the market, supported by increased investments and technological innovations, including the launch of a dedicated quantum computer for healthcare research by Cleveland Clinic and IBM. Major players include Google, Microsoft, and IBM, focusing on leveraging quantum technology for genomic data analysis and personalized treatment plans.
The new CEO of Prosus, a major technology investment firm, aims to replicate the success of its $34 million investment in Tencent, which yielded a staggering 3,700% return. He emphasizes that the key to creating value lies in a company's people and culture, rather than just its products or investments. With a focus on India and AI, he expresses confidence in identifying future winners while highlighting the importance of adaptability in business.
Emerging-market stocks are on track for their worst month since January, driven by concerns over the US presidential election and letdowns from China's stimulus measures. The MSCI Emerging Markets Index has declined for four consecutive days, with major losses attributed to Samsung Electronics, Alibaba, Tencent, and Meituan. Hong Kong-listed shares have been particularly hard hit, while mainland stocks ended a four-day rally.
Tencent Holdings Limited
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
tencent and huawei integrate deepseek r1 model into cloud services
08:35 03.02.2025
global fermented beverages market analysis trends and growth prospects through 2032
United States Dollar
Euro
Microsoft Corporation
Apple Inc.
Toyota Motor Corporation
Procter & Gamble Co
Amazon.com, Inc.
Tencent Holdings Limited
Johnson & Johnson
Samsung Electronics Co., Ltd.
JPMorgan Chase & Co.
Nestlé S.A.
Alibaba Group Holding Limited
Alphabet Inc.
SAU
ISR
FRA
RUS
DEU
TWN
ARG
ARE
AUT
TUR
SGP
NZL
CHL
USA
BRA
CAN
ITA
JPN
IDN
GBR
ESP
IND
MYS
COL
AUS
THA
EGY
VNM
KOR
PHL
CHN
ZAF
MEX
Nidhi Bhavsar
Show more
15:21 19.12.2024
emerging market stocks rise on hopes of new china stimulus measures
10:52 27.11.2024
Chinese data center firm zdata explores potential ipo in hong kong
04:42 15.11.2024
tencent reports 47 percent profit surge driven by game success
09:40 13.11.2024
Zomato congratulates Swiggy on successful stock market debut amid rivalry
Indian Rupee
Prosus N.V.
Tencent Holdings Limited
Zomato Limited
Swiggy Ltd.
IND
Deepinder Goyal
Jai and Veeru
Show more
07:23 13.11.2024
China's major tech firms to report earnings amid anticipated fiscal stimulus package
02:30 08.11.2024
quantum computing in healthcare market projected to reach 30 billion by 2028
United States Dollar
IBM Corporation
Tencent Holdings Limited
Intel Corporation
Google LLC
Microsoft Corporation
Show more
17:38 06.11.2024
investor eyes india for growth after massive success with tencent
10:22 01.11.2024
emerging market stocks face steep decline amid election fears and china's stimulus woes
Meituan
Alibaba Group Holding Limited
Tencent Holdings Limited
Samsung Electronics Co.
KOR
HKG
CHN
Alibaba Group Holding Ltd.
Tencent Holdings Ltd.
Meituan
Samsung Electronics Co.
Show more
13:08 24.10.2024
Trending
Subcategory
Startups & Entrepreneurship
Corporate News
Industry Trends
Retail and Consumer Goods
Supply Chain Management
Global Trade Developments
Stock Market Updates
Industry Mergers & Acquisitions
Private Equity Deals
AI Applications
AI Innovations
Funding Rounds & Investments
Fintech Startups
Energy Sector Developments
Global Financial Events
CEO Changes
Government Economic Policies
Emerging Startups
Commodities
Software Development Trends
Countries:
Companies:
Apple Inc.
Google Inc.
Tesmec S.p.A.
Amazon.com, Inc.
OpenAI ERC USD
Tesla, Inc.
Microsoft Corporation
Foxconn Technology Co., Ltd.
Hollywood Bowl Group PLC
NASDAQ Composite
Wise plc
Mastercard Inc
Walmart Inc.
Alphabet Inc.
Mistral 1
NVIDIA Corporation
Nippon Steel Corp
CCTV 50 CSR
Medtronic plc
Johnson & Johnson
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
British Pound Sterling
United Arab Emirates Dirham
Vietnamese Đồng
Japanese Yen
New Zealand Dollar
Thai Baht
Australian Dollar
Singapore Dollar
Saudi Riyal
Omani Rial
Bahraini Dinar
Qatari Riyal
Algerian Dinar
Egyptian Pound
Indonesian Rupiah
People: