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Chinese tech giant Tencent plots Middle East cloud expansion as spending in the region booms
Tencent's expansion will likely put it into more direct competition with U.S. giants including Amazon, Microsoft and Google.
The Chinese tech giant posted strong revenue growth and margin expansion. The company is entering an artificial intelligence (AI) investment cycle, but its 39% operating margins afford it to do just ...
So, Tencent is a cloud and Artificial Intelligence (AI) player with a growing footprint in Europe. The secret? Localization and superapps. We hear from its European General Manager. Think of a ...
Tencent stock got hit by news of its higher capex spend for the year, and then again by Trump's tariffs. I'm seeing this as a buying opportunity. Tencent's AI spending is going straight into expanding ...
Tencent boosted its capital expenditure earlier this year as it ramped up AI and eyed European expansion for its cloud computing services. Gaming, marketing and social media services, which makes up ...
Tencent’s TCEHY first-quarter revenue and adjusted operating profit grew by 13% and 18% year on year, respectively, led by the games and advertising businesses. The company also conducted HKD 17 ...
Tencent's WeChat is a central hub in China, driving multiple revenue streams and offering a significant moat that Western tech giants envy. I prefer investing in Tencent through Prosus, which offers a ...
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