Tencent Third-Quarter Results Top Estimates For Sales, Profits
15 November, 2017, 18:29 | Author: Regina Silva
Tencent also said it recorded rapid growth in subscription for digital content services.
Revenue for Tencent was up 61% to over 65 billion yuan, which beat estimates that averaged 60.8 billion yuan.
Social media and gaming major Tencent Holdings said Wednesday its net profit for the third quarter was up 69% on year, thanks to solid all-round revenue growth.
Net profit for the three months ended September rose to 18 billion yuan (US$2.72 billion), China's largest social media and gaming company said in a filing to the Hong Kong Stock Exchange.
Its Youtube equivalent, Tencent Video, now has more than 43 million paying subscriptions, making it the video streaming service with the largest subscriber base in China, Tencent said. Online advertising business achieved 48% year-on-year revenue growth.
Tencent Video competes against Baidu's iQiyi and Alibaba-backed Youku Tudou.
Best Memes of Miami Kicking the Stuffing Out of Notre Dame
Oddly enough, Kelly has twice pointed out the fate of a team that Notre Dame handed a humbling loss to back in October: USC. There were at least 12 National Football League teams with scouts at the game, and five bowls also sent representatives.
The role-playing fantasy game that is based upon historical characters in China, become so popular Tencent was required to implement curbs on the play timer earlier in the year amidst reports of serious problems of addiction amongst children. It said the increase was primarily because of greater sharing and content costs, and expenses for payment-related services.
Revenue from smartphone games grew by 84% to 18.2 billion yuan in the quarter, led by the strong performance of titles including its popular multiplayer online battle arena game Honour of Kings.
Last year, Tencent ramped up its global video games business with its acquisition of Finnish mobile game developer Supercell Oy for US$8.6 billion.
Its messaging app WeChat, meanwhile, now has 980m monthly active users and sends 38bn daily messages. It also owns significant interests in U.S. developers Riot Games, Epic Games, Glu Mobile and Activision Blizzard; British studios Milky Tea and Frontier Developments; South Korean firm CJ Games; and Japanese company Aiming.
Westwick asked her if she could invite a friend over, but when she couldn't he "turned his sights on me", she claims to BuzzFeed . The Los Angeles Police Department has launched an investigation into Cohen's claim, after she filed a police report last week.
Now that there are another sensations around the block, Kardashian might be ready to pass on the "break the internet" baton. Will you be checking our Nicki Minaj's entire Paper Mag cover story? Safaree a.k.a.
Pakistan, Afghanistan, Bangladesh, and Nepal will compete for a place in the finals on the 16th and 17th of November 2017. A lot of players from this squad will not be in the team but they don't know what is going to be next for them.
Eight years later, Italy needed just a point to qualify for the World Cup but surprisingly lost to Northern Ireland. Center forward Andrea Belotti will be 28, as will playmaker Federico Bernardeschi and striker Domenico Berardi.
BidaskClub upgraded shares of Target Corporation from a "hold" rating to a "buy" rating in a research note on Sunday, August 6th. Buckingham Research's target price would suggest a potential upside of 17.76% from the stock's previous close.
Forty-one percent of independent voters would pull the lever for Biden, compared with 26 percent for Trump. While only 35 percent of voters would vote to re-elect Trump, 46 percent would vote Biden into office.
Lenovo-owned Motorola, after a gap of more than five years, has launched a brand new tablet dubbed as Moto Tab in the US. The tablet has been priced at $299.99 (~Rs 19,500), and will go on sale in the United States starting November 17th.
Most of the rain will move into this region on Wednesday night , and then into the San Joaquin Valley on Thursday . If you must travel, keep an extra flashlight, food, water, and blankets in your vehicle in case of an emergency.
It was a struggle for Cornelia to enter the Allahabad High Court until 1923, as there was a ban on female lawyers . She has written several short stories, articles and has penned her autobiography, "Between the Twilights".
FYI, Serena and Alexis began dating in 2015, and their wedding will reportedly be held at New Orleans' Contemporary Arts Center. In other news, Serena Williams recently complained that her fiancé spends a little bit too much money on toys for their baby.
Is Dhadak, a remake of Sairat?
However, Karan Johar had earlier posted a video on Twitter, where he said five years ago Dharma launched Sidharth, Varun and Alia. For the longest time, there were rumours that the two will be launched in the Hindi remake of Marathi film Sairat .
Pakistani court issues NBW to finance minister
However, since the reference has been quashed, the investigation against Dar, as an accused, is being restarted. The court then briefly adjourned proceedings as the NAB investigation officer had not appeared in court.
Quick Hits: Peterman to start at QB Sunday
Taylor is completing 64% of his passes for 1,684 yards with 10 touchdowns and three interceptions this season. Peterman led a scoring drive in garbage time, throwing the team's only touchdown pass of the game.