Tencent cautious after surge in quarterly profit

By on
Tencent cautious after surge in quarterly profit

Warns of difficult economic environment.

China's Tencent Holdings, the world's largest gaming company by revenue, warned on Wednesday of a difficult economic environment even as it reported a better-than-expected 35 percent jump in quarterly profit. Growth in the company's gaming business resumed in the second quarter after a long ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
cloud finance software tencent

Most Read Articles

Telstra says Australia would have gotten 100Mbps without NBN

Telstra says Australia would have gotten 100Mbps without NBN
Massive CBA outage traced to failed infrastructure upgrade

Massive CBA outage traced to failed infrastructure upgrade
NBN Co to revive HFC self-installation option

NBN Co to revive HFC self-installation option
NBN Co reinvents broadband speed test rankings

NBN Co reinvents broadband speed test rankings
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Your Microsoft Security journey starts here
Your Microsoft Security journey starts here
Is your AWS framework well-architected?
Is your AWS framework well-architected?
Why you should reassess your cybersecurity posture
Why you should reassess your cybersecurity posture
How will you manage the cloud data deluge?
How will you manage the cloud data deluge?
Follow these steps to prevent targeted attacks
Follow these steps to prevent targeted attacks

Events

Log In

Username / Email:
Password:
  |  Forgot your password?