Pony Ma, the chairman and co-founder of Tencent, expressed confidence in the company's future despite acknowledging challenges in its gaming business. Ma stated that Tencent's video games business faces significant competition but is making progress in artificial intelligence development. The company's reliance on past hits like 'Honor of Kings' and 'PUBG Mobile' has led to underperformance in recent products. Additionally, rumors circulated about Tencent's potential acquisition of the 'Dungeons & Dragons' intellectual property from Hasbro, which was later denied by Wizards of the Coast, the game's publisher.
Wizards of the Coast denies plans to sell off D&D to Tencent or any other company meanwhile D&D is celebrating 50 years: https://t.co/9lltg4oCTE
Dungeons & Dragons Publisher Denies Selling Game To Chinese Firm: Here’s What To Know https://t.co/12kMAKJCTo https://t.co/FcaJULFNsT
Wizards of the Coast dispels rumours that Tencent wants to gobble up D&D like a tarrasque: "To be clear: We are not looking to sell our D&D IP". https://t.co/ADCZSe5xIa
It's finally over. Hasbro is selling D&D! 🥳 https://t.co/jrfgVgrwVc
Rumor: Hasbro considering selling Dungeons & Dragons to Tencent. Link below: https://t.co/uEkDnnEhHP
American toy company @Hasbro is seeking to sell its well-known #IP "Dungeons & Dragons"#DND, and @TencentGames is one of the potential buyers. https://t.co/I0PcUOWmvm
Tencent chief says gaming business under threat, catching up in AI #Tencent #AI https://t.co/PqNp2nJaFc
Tencent CEO feels its game business "achieved nothing" during 2023 https://t.co/b3zNA50sq2 https://t.co/wHFGn5sqNm
Tencent boss worried that in the face of 'significant challenges' and competition it has 'achieved nothing'. https://t.co/JWa3trmXDJ
Tencent has reportedly expressed concern that it could lose its status as the world’s largest gaming company after it underperformed in 2023. https://t.co/WSqG1GajVB https://t.co/F5wyeGTJIL
Tencent CEO feels its game business "achieved nothing" during 2023 "We have found ourselves at a loss as our competitors continue to produce new products" https://t.co/b3zNA50sq2 https://t.co/4omtIrJlXd
Tencent's past hits such as “Honor of Kings” and “PUBG Mobile” continue to deliver strong revenue, but recent products are falling short of expectations. #Tencent #TencentGaming https://t.co/PqNp2nICPE
“In the short term, within the next one or two years, I feel like there will not be a massive, AI-native application yet,” he said. $TCEHY Tencent Chief Says Gaming Business Under Threat, Catching up in AI https://t.co/zYPaWyUl7Y
🎮 #Tencent chief says gaming business under threat, catching up in #AI Pony Ma said that the company has been resting on its laurels in gaming while competitors have delivered new hits. Video games account for more than 30% of Tencent's revenue. https://t.co/uPJffpYbfd
Pony Ma, chief executive and co-founder of Tencent said that the company's video games business faces great challenges from competitors but is catching up in artificial intelligence development https://t.co/M9SIS33jW0
Pony Ma, chief executive and co-founder of Tencent said that the company's video games business faces great challenges from competitors but is catching up in artificial intelligence development. More here: https://t.co/MkbNJUL7j4
Tencent chief says gaming business under threat, catching up in AI https://t.co/IIkW5ArTiR https://t.co/7yr3GbOhqU
Tencent chairman Pony Ma sets confident tone for internet giant in 2024 https://t.co/OSasgmkgxW via @scmpnews