Tencent Profits Increase by 41{b3df30ef46327c92536c9d4cc87cf2f525bd3d5ea719227c874c7a308e531779} in Q3

China’s social media giant Tencent powered ahead with profits growth of more than 40{5f08f54adb165737e8b48009084fe73a369a6de54dc69452a1da88ef2f1958f6} in the nine months to September. The acquisition of games maker Supercell barely made a dent. Revenues grew by 52{5f08f54adb165737e8b48009084fe73a369a6de54dc69452a1da88ef2f1958f6} in the third quarter and non-GAAP net profit grew 42{5f08f54adb165737e8b48009084fe73a369a6de54dc69452a1da88ef2f1958f6} to $1.71 billion (RMB11.7 billion). … Read entire story.

Source: Variety