Tencent on a Tear
Tencent’s just-released half-year report confirms that the company is on a spectacular development path, fuelled by very profitable mobile game sales. Net profit rose 58 percent year-on-year from RMB7.8 billion to 12.3 billion with revenue growing 37 percent from RMB27.9 billion to RMB38.1 billion.
The report confirms existing trends and hints at the beg…
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