Tencent beats estimates with Q1 profit of $3.95B, up 17% YoY, on revenue of $12.42B, up 16% YoY; WeChat had 1.11B MAUs, up 6.9% YoY (Lulu Yilun Chen/Bloomberg)

Tencent beats estimates with Q1 profit of $3.95B, up 17% YoY, on revenue of $12.42B, up 16% YoY; WeChat had 1.11B MAUs, up 6.9% YoY (Lulu Yilun Chen/Bloomberg)


Lulu Yilun Chen / Bloomberg:

Tencent beats estimates with Q1 profit of $3.95B, up 17% YoY, on revenue of $12.42B, up 16% YoY; WeChat had 1.11B MAUs, up 6.9% YoY  —  Tencent Holdings Ltd.’s quarterly earnings beat estimates, boosted by gains on investments, giving shareholders much-needed assurance the Chinese gaming behemoth is bound for a revival.

Tencent beats estimates with Q1 profit of .95B, up 17% YoY, on revenue of .42B, up 16% YoY; WeChat had 1.11B MAUs, up 6.9% YoY (Lulu Yilun Chen/Bloomberg)
Source: Tech Meme