Alibaba results beat analyst estimates

Tencent, Asia’s largest tech firm, had a horrific 2018 on account of a country-wide freeze on new game monetization in China, but there’s evidence it has turned the corner. The company’s new mobile gaming hit Game for Peace has yet to kickstart the company’s recovery from a few weakening quarters, but its booming financial technology […]

Alibaba results beat analyst estimates

Chinese e-commerce leader Alibaba on Wednesday announced revenue for the latest quarter that beat analyst estimates, indicating that the Sino-US trade tiff and a slowing domestic economy were ...

Wed 15 May 19 from Phys.org

Tencent profit climbs as it emerges from gaming quagmire

Chinese internet giant Tencent said Wednesday net profit soared nearly 17 percent in the first quarter as the company appeared set to emerge from the battering it received from Beijing's crackdown ...

Wed 15 May 19 from Phys.org

Tencent profit tops forecast as fintech and cloud revenues surge

Tencent Holdings Ltd posted record quarterly profit on Wednesday, smashing market expectations, as the social media and gaming giant booked a rise in the value of its investments while fintech ...

Wed 15 May 19 from Reuters Technology

Tencent books record, estimate-busting first-quarter profit, boosted by investment gains, Wed 15 May 19 from Reuters Technology

Tencent is finding ways to beat its gaming slump

Financial services and cloud computing are helping Tencent overcome a slump in its gaming business.

Wed 15 May 19 from CNN

Tencentís mixed bag for Q1: record profit despite weakest revenue growth yet

Tencent, Asia’s largest tech firm, had a horrific 2018 on account of a country-wide freeze on new game monetization in China, but there’s evidence it has turned the corner. The company’s ...

Wed 15 May 19 from TechCrunch

Tencent first quarter profit rises 17 percent, beats forecast

Tencent Holdings reported on Wednesday a 17% rise in profit for the three months ended March, beating estimates.

Wed 15 May 19 from Reuters Technology

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