Tencent's revenue increased by 8% in the third quarter, maintaining revenue growth for eight consecutive quarters. Games, value-added services, and marketing services are the core growth items.
Tencent's Turbocharged Earnings: A Chinese Tech Giant's Surge The latest earnings report from Tencent Holdings, the Shenzhen-based tech behemoth, has sent shockwaves through the markets. The company's impressive financials have left investors and analysts scrambling to reassess the pecking order among China's tech giants. Tencent's Q3 earnings soared 20% year-over-year to $20.5 billion, driven primarily by its thriving gaming and fintech divisions. This remarkable growth has catapulted Tencent to the top spot among Chinese tech companies, surpassing Alibaba Group's 15% growth and JD.com's modest 10% increase. Tencent's resurgence has reignited the debate about which Chinese tech giant will reign supreme. Here's a snapshot of the key players: -
Tencent's Turbocharged Earnings: A Chinese Tech Giant's Surge The latest earnings report from Tencent Holdings, the Shenzhen-based tech behemoth, has sent shockwaves through the markets. The company's impressive financials have left investors and analysts scrambling to reassess the pecking order among China's tech giants. Tencent's Q3 earnings soared 20% year-over-year to $20.5 billion, driven primarily by its thriving gaming and fintech divisions. This remarkable growth has catapulted Tencent to the top spot among Chinese tech companies, surpassing Alibaba Group's 15% growth and JD.com's modest 10% increase. Tencent's resurgence has reignited the debate about which Chinese tech giant will reign supreme. Here's a snapshot of the key players: -