Tencent Q3 Earnings Miss As Revenue Growth Slows

By | November 12, 2014

Scalper1 News

China social media and mobile giant Tencent Holdings (TCEHY) early Wednesday reported third-quarter earnings that fell short of views as revenue growth slowed. Tencent, one of the largest Internet companies in China along with rival Alibaba Group (BABA), reported Q3 revenue of $3.22 billion, up 28% from the year-earlier quarter but slightly below estimates of $3.32 billion. That maintained a string of double-digit revenue growth going back more Scalper1 News

Scalper1 News