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Tag: tencent
Tencent raises USD 6 bln in bond offering, pledges investment of USD 70 bln into cloud, AI, cybersecurity
2020-05-29 15:43:00| Telecompaper Headlines
(Telecompaper) The company has pledged to invest USD 70 billion into new infrastructure over the coming five years, Reuters noted, citing a statement to state media by company SVP Dowson Tong. The money will go into cloud computing, artificial intelligence and cybersecurity, and namely in blockchain, servers, big data centres, supercomputer centres, IoT operating systems, 5G networks and quantum computing.
Tags: investment
offering
usd
bond
Tencent lifts revenues in Q1 but profit growth slows amid pandemic
2020-05-13 14:45:00| Telecompaper Headlines
(Telecompaper) Tencent reported higher revenues for the first quarter, but also a slower profit growth as it faced headwinds caused by the coronavirus pandemic. The company said it allocated CNY 2 billion worth of donations to covid-19 relief initiatives in China and globally. Looking ahead, the company expects in-game consumption activities to normalise as people return to work. It also sees some headwinds in the online advertising industry.
Tags: growth
profit
revenues
amid
Tencent Cloud and SDMC launch cloud-based SaaS video streaming services
2020-04-29 23:00:17| Digital TV News
Tencent Cloud has signed an MOU with SDMC. Leveraging Tencent Cloud's technology and SDMC's experience in OTT, the parties will offer SDMC XMediaTV Cloud, a cloud-based SaaS video streaming solution for OTT operators around the globe.
Tags: services
video
launch
cloud
Tencent revenues, profit soar in Q4, supported by smartphone games, cloud services and ads
2020-03-18 11:18:00| Telecompaper Headlines
(Telecompaper) The operating profit jumped 65 percent CNY 28.60 billion, with the margin rising to 27 percent from 20 percent, while the profit attributable to equity holders soared 52 percent to CNY 21.58 billion. Capex for the quarter also soaredm by 270 percent to CNY 16.87 billion.
Tags: services
games
ads
supported
Visteon collaborates with Tencent to launch SmartCore domain controller on new Aion LX electric vehicle platform from GAC
2020-01-09 13:55:46| Green Car Congress
Tags: domain
electric
vehicle
platform
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