Tencent fourth-quarter profit nearly doubles, beats estimates on investment gains

Tencent fourth-quarter profit nearly doubles, beats estimates on investment gains

6 years ago
Anonymous $gIi3-PxxKB

https://www.reuters.com/article/us-tencent-holdings-results/tencent-fourth-quarter-profit-nearly-doubles-beats-estimates-on-investment-gains-idUSKBN1GX0XA

Chinese internet giant Tencent Holdings Ltd posted a near doubling of quarterly net profit that beat expectations, as it deepened monetization of its growing customer traffic and its investments paid off following a string of IPOs last year.