Tencent need not envy Jack Ma’s finance fame

China's Tencent on May 15 said revenue for its newly-created financial technology and business services segment increased 44% year-on-year to 21.8 billion yuan in the three months to March. It accounted for 25% of total revenue in the quarter.

That is the first time the company separately disclosed revenue for these businesses, which includes mobile payments and cloud computing. China's third-party mobile payments market was worth 47.2 trillion yuan in the three months to December, according to research firm Analysys. Ant Financials' Alipay had a leading 53% market share, followed by Tencent's Tenpay with a 39% share.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks making the biggest moves after hours: Take-Two, StoneCo and Tencent MusicSee which stocks are posting big moves after the bell on Monday.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Tencent books record, estimate-busting first-quarter profit, boosted by investment gainsTencent Holdings Ltd posted record quarterly profit on Wednesday, smashing marke... yeah the know how to grab pocket money with lootboxes there for boycottEpicGames boycottTencent
La source: Reuters - 🏆 2. / 97 Lire la suite »