Shenzhen-based Tencent, which owns the popular messaging app WeChat, will hold about a quarter of a new subsidiary.

All Cold Storage and Giant supermarket outlets in Singapore will be sold to Malaysian retail group Macrovalue for an initial ...

Malaysian retail group Macrovalue has acquired Singapore's Cold Storage and Giant supermarket chains for S$125 million.

S&P Global Ratings forecast Chinese Internet giant Tencent's annual capex to exceed CNY80 billion for the next two years.

Johor in Malaysia is being transformed by the construction of giant data centers. The government hopes that the billions in investment as part of a global artificial intelligence boom will ...

Tencent is using both DeepSeek and its own Yuanbao models, mirroring a diversified strategy that helped it dominate video gaming.

Chinese giant says locals are more efficient than Western hyperscalers, and has tiny capex to prove it Chinese tech giant ...

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Chinese technology giant Tencent said on Wednesday it would boost capital expenditure in 2025, as it strengthens artificial ...

Chinese technology giant Tencent said today it would boost capital expenditure in 2025, as it doubles down on artificial intelligence development and infrastructure. Tencent President Martin Lau ...

Tencent reported a 90% surge in fourth-quarter profit to 51.32 billion yuan, equivalent to $6.61 billion, soundly beating analysts' estimate of 44.46 billion yuan. Revenue rose 11% from a year earlier ...

Tencent's domestic game division delivered a 23% sales gain, benefiting from a low base and the encouraging performance of new games such as "Delta Force," a first-person shooter game, and continued ...