A slew of high-growth Chinese Internet companies have quarterly earnings coming up this week. Here’s a look at what analysts expect. YY (YY), one of China’s online social platforms, is set to report on Tuesday after the close. Analysts project earnings to jump 60% to 75 cents. Revenue is expected to surge 92% to $153 million. YY shares have risen 53% this year. Tencent Holdings (TCEHY), one of China’s largest Internet companies, reports earnings
Struggling tech service giant IBM (IBM) on Friday announced it is teaming with Chinese Internet firm Tencent Holdings to provide Internet cloud software-as-a-service solutions for enterprise business customers. IBM and Tencent (TCEHY) agreed to focus on small and medium enterprises in health care and other industries. They will offer consulting and cloud migration services, as well as industry-specific and business process software-as-a-service
Struggling tech service giant IBM (IBM) on Friday announced it is teaming with Chinese Internet firm Tencent Holdings to provide Internet cloud software-as-a-service solutions for enterprise business customers. IBM and Tencent (TCEHY) agreed to focus on small and medium enterprises in health care and other industries. They will offer consulting and cloud migration services, as well as industry-specific and business process software-as-a-service