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Tencent 1Q25: Growth Without Innovation, Betting On AI And E-Commerce Comebacks?
Tencent's Q1 revenue beat expectations, but risks like gaming stagnation and e-commerce struggles weigh on growth. Read more ...
Ubisoft plunges 18% as annual results disappoint, Tencent deal looms
Net bookings fall 20.5% despite strong Assassin’s Creed release; new Tencent-backed subsidiary aims to unlock franchise value ...
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Ubisoft stock crashes 18% following disappointing fiscal 2024-2025 results
Ubisoft shares dropped 18% on Thursday after the video game maker announced a disappointing 2024-25 fiscal year financial ...
Assassin’s Creed maker’s shares plunge 18% after Q1 results: here’s why
Assassin's Creed maker Tencent reported a 20.5% decrease in net bookings due to lower than expected partnerships.
Dick’s acquiring Foot Locker: What it means for Nike stock?
Dick’s Sporting Goods (NYSE:DKS), the largest sports retailer in the United States, is reportedly close to finalizing a $2.3 billion acquisition of Foot Locker (NYSE:FL).
Ubisoft shares drop as it uses more cash to develop games
"We have decided to provide additional development time to some of our biggest productions," CEO Yves Guillemot said in an ...
Ubisoft’s Struggles Continue, but JV With Tencent Removes Risk and Looks Great Financially
Ubisoft ended fiscal 2025 with EUR 1.8 billion in debt and EUR 1 billion in cash, leading to a net debt/EBITDA ratio of 1.2. These metrics have continued to deteriorate since the end of fiscal 2022, ...