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VIEW EVENT INFORMATION: Tencent |
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Tencent's Q1: Profit Up 61%, Nearly $1 Billion In Revenues, 700 Million IM Users |
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About the organization Tencent: Type: Business Sub-Types: Website, E-Commerce, Online Gaming, Online News, Advertising Agent, Social Networking Agent, Computer Software, Computer |
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Notable Organizations: Tencent, Techcrunch |
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Tencent, a major provider of Internet and mobile services in China, this morning revealed earnings for the first quarter of 2011, reporting a better-than-expected 61 percent jump in net income.
The company’s profit rose to 2.87 billion yuan (roughly $442 million), up from 1.78 billion yuan (roughly $274 million) a year earlier. Total revenues were 6,33 billion yuan (approximately… |
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