Tencent reports Q1 revenues of $7.2B, up 55% YoY, while profits rise 58% to $2B+; WeChat grows to 937M users (Zen Soo/South China Morning Post)


Zen Soo / South China Morning Post:

Tencent reports Q1 revenues of $7.2B, up 55% YoY, while profits rise 58% to $2B+; WeChat grows to 937M users  —  Sales at China’s largest social network operator jumped 55 per cent in the first quarter on mobile games and online advertising.  —  Chinese internet giant Tencent …

Source: http://www.techmeme.com

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