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Tencent: Tencent Announces 2021 First Quarter Results

Tencent: Tencent Announces 2021 First Quarter Results 1Q2021 Total r [2]), an increase of 25% over the first quarter of 2020 ("YoY"). On a non-IFRS basis , which is intended to reflect core earnings by excluding certain one-time and/or non-cash items: Operating profit was RMB42.8 billion (USD6.5 billion), an increase of 20% YoY. Operating margin decreased to 32% from 33% last year. Profit for the period was RMB34.5 billion (USD5.3 billion), an increase of 23% YoY. Net margin remained stable...
Hong Kong Ma Huateng Prnewswire Tencent Holdings Limited Business Services Sustainable Social Value Organisation Tencent Music Entertainment Group

Incheon courts Chinese visitors with Tencent Cloud deal

/ Posted on 21 April, 2021 14:24 Incheon Tourism Organization (ITO) in South Korea has struck a new partnership with Tencent Cloud to build a smart tourism solution to boost post-pandemic recovery. The collaboration is a joint effort to help South Korea’s tourism businesses reach travellers from China which has emerged as the country’s second-largest source market, with more than six million inbound visitors in 2019, accounting for nearly 35 per cent of the total inbound visitor arrivals. I...
Inch On Gwangyoksi South Korea South Korean Incheon Tourism Organization Weixin Mini Program Tencent Cloud

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