Tencent nearly doubled its profit in the fourth quarter on investment gains

Tencent nearly doubled its profit in the fourth quarter on investment gains

6 years ago
Anonymous $gIi3-PxxKB

https://www.cnbc.com/2018/03/21/tencent-q4-earnings-profit-nearly-doubled.html

Chinese internet giant Tencent will step up investments in areas such as video, payment and artificial intelligence, it said after reporting better than expected quarterly net profit thanks to a string of successful IPOs.

With a market capitalization of around $560 billion, Tencent is Asia's most valuable listed company and the world's no.5, after Apple, Alphabet, Amazon and Microsoft.

Tencent nearly doubled its profit in the fourth quarter on investment gains

Mar 21, 2018, 2:25pm UTC
https://www.cnbc.com/2018/03/21/tencent-q4-earnings-profit-nearly-doubled.html >Chinese internet giant Tencent will step up investments in areas such as video, payment and artificial intelligence, it said after reporting better than expected quarterly net profit thanks to a string of successful IPOs. >With a market capitalization of around $560 billion, Tencent is Asia's most valuable listed company and the world's no.5, after Apple, Alphabet, Amazon and Microsoft.