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Tencent

Founded in November, 1998, Tencent has grown into one of China’s largest Internet service portals. Its platforms include QQ (QQ Instant Messenger), QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay, and span communication, information, entertainment, e-commerce and others. As of September 30, 2011, it said its active QQ user accounts for QQ IM stood at 711.7 million. Tencent listed in Hong Kong in 2004.

EARNINGS

Tencent first quarter profit rises 37pc on-year, driven by online games

16 May 2013

Net profit jumped to four billion yuan (HK$5.05 billion), from 2.9 billion yuan a year earlier. Revenue increased 40.4 per cent to 13.5 billion yuan.

3:53AM

Sina, Alibaba resurrect tie-up talks

29 Apr 2013

It looks like I may have been premature in declaring last month that talks for a tie-up between leading web portal Sina and e-commerce leader Alibaba were dead.

10:55AM

China Mobile hit by bad Wi-fi bet

23 Apr 2013

I was a bit surprised by the latest quarterly results from cellular crybaby China Mobile, which I expected to contain abundant evidence supporting its grievances in an ongoing battle with Internet...

10:15AM

China Unicom sides with Tencent over WeChat

2 Apr 2013

A new memo that has been reportedly leaked from China's second largest mobile carrier, China Unicom, shows the nation's three telcos may not be nearly as united as many may think in their approach...

10:19AM

Xi Jinping wraps up Africa tour and Guangdong admits to pension fund debt

1 Apr 2013

Economy
Caijing
Guangdong says its pension fund is riddled with massive hidden debt.
Financial Times

9:34AM

Tencent prevails in anti-trust suit

29 Mar 2013

I've often wondered these last few months about what happened to an anti-trust lawsuit filed against Tencent (0700.HK

10:51AM

Opinion

Jake Van Der Kamp

China keeping its edge despite grim talk

3:53AM

Howard Winn

If StanChart doesn't want us, why keep inviting us?

2 comments

3:53AM

Chairman adds to holdings in Dah Sing amid active trading

Buying rose for a fourth week while selling among directors was high for a third week, with 22 companies that recorded 86 purchases worth HK$541 million, against 10 firms with 44 disposals worth...

3:37AM

New WeChat platform attracts indie publishers, and censorship may be close behind

Political writers have repurposed Tencent's new WeChat enterprise accounts as mobile publishing platforms.

2:20PM

Business Digest, March 1, 2013

Yuan deposits in Hong Kong climbed in January to within 0.5 per cent of a record as investors revived bets on the currency's appreciation given an improving outlook for economic growth on the...

5:17AM

Business Digest, February 23, 2013

The euro-zone economy will shrink in back-to-back years for the first time as governments, consumers and firms curb spending, the European Commission said.

6:36AM

CENSORSHIP

Former Google China chief banned from microblogging sites

Former Google China president Kai-Fu Lee says he was temporarily banned from posting items on two of the mainland's most popular microblogging platforms. Without saying why he was banned, Lee...

5:05AM

'Tis the season to reorganize

Bottom line: The wave of reorganisations sweeping major Chinese web firms is likely to result in a period of management turmoil, resulting in less innovation on the Internet.

12:13PM