TiMi Studio reaches 100 million monthly active users outside mainland China, global publishing director Huang Shuo says in an interview Tencent Holdings, the world's largest video gaming company by revenue,

Chinese internet conglomerate Tencent has dismissed concerns over US GPU export restrictions, with executives stating the company’s AI infrastructure possesses adequate processing power for ongoing operations. This comes as Washington and Beijing continue negotiations over semiconductor trade policies.

Tencent reported second-quarter revenue growth of 15% on Wednesday, driven by robust gaming performance and deployment of AI across services and platforms including WeChat. For the three months to June,

Net profit rose 16 per cent to 56 billion yuan (US$7.81 billion ) while sales jumped 15 per cent to 184.5 billion yuan.

The videogame and social-media company posted better-than-expected results amid resilience in its key gaming business and rapid AI-led growth in its marketing-services segment.

Tencent reported second-quarter revenue growth of 15% on Wednesday, driven by robust gaming performance and AI-powered business expansion. For the three months ended June, the Chinese technology giant reported revenue of 184.

Just weeks after Nvidia reached a deal with President Trump allowing it to sell AI chips in China, the chipmaker has hit a new hurdle—Chinese authorities. China’s internet regulator in the past two weeks ordered local tech companies including ByteDance,

China's Tencent Music Entertainment Group reported second-quarter 2025 revenue of $1.18 billion, up 17.9% year-over-year.

Nvidia's China woes have major implications for tech ETFs as Beijing pressures firms to use domestic alternatives. Near-term risk for KWEB and CQQQ.

The top two players each held roughly 25 per cent of the 2024 market, followed by Tencent and Huawei, IDC says.