Thursday, March 21, 2019

Tencent misses Q4 profit estimates with net income falling 32% YoY to $2.1B on revenue of $12.6B, partially due to China's gaming freeze (Iris Deng/South China Morning Post)

Iris Deng / South China Morning Post:
Tencent misses Q4 profit estimates with net income falling 32% YoY to $2.1B on revenue of $12.6B, partially due to China's gaming freeze  —  Depending on whom you talk to, 2018 was either a bumper year for Tencent Holdings or a year to forget.The first Asian company to breach US$500 billion in market cap …



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