Tencent earnings: Revenue up 45% in Q4, profits miss estimates, no plans to spin off WeChat

14:23 17.03.2016
China’s Tencent Holdings said today that it saw a big surge in revenue for the fourth quarter but missed profit estimates as its investment in video and other content ate into the bottom line. Most notably, however, Tencent’s chief executive Ma Huateng told reporters that the company has not plans to spin-off WeChat, its mobile […]...
  767