Tencent Profit Recovers, Approaches $6 Billion in First Quarter

Tencent, the Chinese social media, gaming and streaming giant, enjoyed a 62% gain in profits, earned from a 6% revenue improvement in the first quarter of the year. Profits between January and March reached RMB42.6 billion ($5.92 billion). That figure also represented a 55% quarter on quarter gain. Three-month revenues amounted to RMB160 billion ($22.2 […]
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