Tencent Stuns with Abysmal Earnings Report – Fails to Capitalize on PUBG and Monster Hunter: World
https://wccftech.com/tencent-stuns-with-abysmal-earnings-report-fails-to-capitalize-on-pubg-and-monster-hunter-world/
Tencent, the world’s largest investment company, and Chinese technology firm, reported today their quarterly earnings numbers and the results were quite disappointing. The firm is facing increasingly stiff regulation from Beijing and the brewing trade war between the United States and China is only complicating matters further.
Everything Tencent does can be described by one word: huge. They are the biggest video game company on the planet, and they’re Asia’s most valuable company ($573 billion USD in January 2018, more on that later).