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chief executive officer: China s Tencent revenue growth below expectations; gaming falls short

Tencent s core gaming business experienced weaker-than-expected growth in the quarter through June. Domestic gaming revenue was little changed at 31.8 billion yuan, while international gaming revenue rose 12% to 12.7 billion yuan, excluding the impact of currency movements.

China s Tencent posts smaller than expected revenue growth; gaming falls short

HONG KONG (Reuters) -China's Tencent Holdings posted a smaller-than-expected 11% rise in second-quarter revenue on Wednesday, as the country's sputtering economic recovery weighed on the social media and gaming giant's recovery from last year's record downturn. The world's largest video game company and operator of the WeChat messaging platform said revenue reached 149.20 billion yuan ($20.45 billion) for the three months ended June 30. Revenue growth was little changed from a 10.7% rise in the

Alibaba shares rise after Chinese regulators fine Ant Group, ending - CNBC

Alibaba shares rise after Chinese regulators fine Ant Group, ending - CNBC
businesstelegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstelegraph.co.uk Daily Mail and Mail on Sunday newspapers.

Alibaba shares rise after Chinese regulators fine Ant Group

Alibaba's Hong Kong-listed shares rose 4% in Monday morning trade amid hopes of the years-long scrutiny of its financial arm Ant Group coming to an end.

Alibaba Shares Rise After Chinese Regulators Fine Ant Group, Ending Regulatory Uncertainty

Alibaba Shares Rise After Chinese Regulators Fine Ant Group, Ending Regulatory Uncertainty
nbcchicago.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcchicago.com Daily Mail and Mail on Sunday newspapers.

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