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

Sponsored Whitepapers

The risky business of open source
The risky business of open source
Ensure your e-signatures are legally binding
Ensure your e-signatures are legally binding
Mitigating open source risk in your organisation
Mitigating open source risk in your organisation
How to choose a WAF that's right for you
How to choose a WAF that's right for you
The global telco 5G cloud gaming opportunity
The global telco 5G cloud gaming opportunity

Events

Most Read Articles

Telstra blasts plan to 'set aside' mobile spectrum for Optus and TPG, but not it

Telstra blasts plan to 'set aside' mobile spectrum for Optus and TPG, but not it
Defence switches on initial SAP ERP system capability

Defence switches on initial SAP ERP system capability
Tyro halts trading following week-long outage

Tyro halts trading following week-long outage
Woolworths to build a platform to host subscription-based services

Woolworths to build a platform to host subscription-based services
You must be a registered member of iTnews to post a comment.
| Register

Log In

Username / Email:
Password:
  |  Forgot your password?