Tencent Holdings Ltd.’s profit slid as slowing economic growth in China and rising competition ate away in crucial areas such as advertising.
The world’s largest videogame company by revenue, which also includes social-networking app WeChat, reported a 13% drop in third-quarter profit from a year earlier, to 20.4 billion yuan —short of the 24.4 billion yuan forecast of analysts polled by FactSet.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Tencent Music Beats Analyst Expectations in Rebound Q3 Earnings ReportTencent Music announced its third-quarter results on Monday (Nov. 11), showing substantial growth in paid user subscriptions of its music apps and an increase in monthly average ad revenue per user.
Källa: billboard - 🏆 112. / 63 Läs mer »
CBS Earnings Drop Amid Higher Content, Streaming Spending Ahead of Viacom MergerCBS Corp. earnings exceed Wall Street estimates in likely final report before Viacom merger, company touts record third-quarter revenue is that merger that will benefit the shareholders, more then the consumers?
Källa: THR - 🏆 411. / 53 Läs mer »
Weak 2019 earnings growth paves the way for a strong 2020 earnings picture, boosting stocksAs forward earnings estimates have fallen since the start of October, stocks have rallied.
Källa: CNBC - 🏆 12. / 72 Läs mer »