VIEW EVENT INFORMATION: Tencent
Tencent Reports $1 Billion In Revenues In Q2 But Falls Short Of Analyst Expectations
AUG
10
Status: Available Now!
Type: News
Date: Wednesday 10 August 2011, 06:01 AM
Media: Techcrunch

SOURCE
About the organization Tencent:
Type: Business
Sub-Types: Website, E-Commerce, Online Gaming, Online News, Advertising Agent, Social Networking Agent, Computer Software, Computer
Notable Organizations: Tencent, Techcrunch
Tencent, a major provider of Internet and mobile services in China, has reported second quarter earnings today, and unfortunately fell short of analyst expectations. Revenue came in at $1 billion, an increase of 44.3% from the second quarter of 2010. Profit for the period was 2.35 Yuan (Around $362.1 million), which is an increase of 21.3% year over year. Analysts expected 2.54 billion Yuan…
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