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Tencent News

News on Tencent (Ticker: 0700) continually updated from thousands of sources around the net.

4 hrs ago | Sys-Con Media

58.com Announces the Appointment of a New Director

He served successively as Project Manager for QQ's research and development team, General Manager for IM Products, and General Manager for internet business division.

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Related Topix: Project Manager, Internet, Science / Technology, Marketing, Product Management, Emerging Technology, Search Engines

8 hrs ago | Digital Game Developer

Sweet! Candy Crush Saga Launches in China

King Digital Entertainment plc , a leading interactive entertainment company for the mobile world, today announced that a localized version of the world's sweetest game, Candy Crush Saga, is now available for players in The Chinese version of the game is now integrated with Tencent's Mobile QQ and Weixin social network, and available in Tencent's ... (more)

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12 hrs ago | South China Morning Post

Tencent enables users to pay utility bills through WeChat

Founded in November, 1998, Tencent has grown into one of China's largest Internet service portals.

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Related Topix: Science / Technology, Internet, Alibaba

Tue Aug 19, 2014

Reuters

China's JD sells 570,000 smartphones in Tencent 5-day promotion

China's second-largest e-commerce company JD.com sold 570,000 smartphones in a five-day promotion offered exclusively on Tencent Holdings Ltd's Mobile QQ, the two companies said on Monday, to show their partnership has paid off.

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Related Topix: Alibaba

Mon Aug 18, 2014

South China Morning Post

Anniversary promotion helps boost JD.com's second-quarter earnings

JD.com the mainland's second-largest business-to-consumer e-commerce platform operator, could well be on the fast track to profitability as its net margins improve on the back of a steady increase in mobile users and transactions.

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Related Topix: Science / Technology, Internet

Seeking Alpha

Is China King Digital's Last Hope?

King Digital shares got crushed earlier this week when its Q2 results missed Wall Street expectations.

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Sun Aug 17, 2014

Barron's

Tencent: Mobile Gaming Priced In, JPM Downgrades

Investors love Tencent Holdings for its mobile social platforms QQ Mobile and WeChat.

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Related Topix: Banking, JP Morgan Chase

Barron's

JD.com: Q2 Rev Beat; Nomura Senses Deceleration

JD's revenue grew 64% from a year ago to 28.6 billion yuan , 6% higher than consensus estimates.

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Sat Aug 16, 2014

The Motley Fool

Why China Can't Save King's Candy Crush Saga

The stock is now down 38% from its IPO price of $22.50. King's gross bookings rose 27% year-over-year to $611 million, but declined 5% from the previous quarter.

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Related Topix: Bejeweled , Video Games

Fri Aug 15, 2014

WebCPA

Alibaba Merger Machine Stumbles as Movie Arm's Books Questioned

Alibaba Group Holding Ltd., after announcing an average of two acquisitions a month this year, is learning the importance of doing your homework.

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Related Topix: Alibaba, Internet, Science / Technology, SourceMedia

Thu Aug 14, 2014

International Business Times

Tencent & Alibaba Rivalry Intensifies as e-Commerce Site Prepares for September New York IPO

However, rival Chinese firm Tencent Holding is challenging Alibaba's dominance of by matching each business of the latter on the Web, from games, security or search engine.

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Related Topix: Alibaba, Internet, Science / Technology, Travel, Asia Travel, Hong Kong, China Travel, China Travel, Computers

Seeking Alpha

Weibo: Execs Voice Sympathy For Nokia, Microsoft, Tencent

The microblogging realm was filled with words of sympathy this past week at the woes for some of China's longest-serving foreign tech firms whose names have become household words over the last 20 years.

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Related Topix: Nokia, Navteq, Wireless, Telecom, Microsoft, Startups, World News, China, Asia

Wed Aug 13, 2014

Silicon Alley Insider

China's Most Valuable Internet Company Relies Heavily On Social Messaging Apps

It may not be well-known here in the US, but Tencent is China's most valuable public internet company with a market valuation of ~$150 billion, and it's growing at an incredible clip.

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CNET News.com

Tencent's WeChat popularity grows as revenue, profit jumps

Chinese Internet giant Tencent Holdings, which operates online games and the WeChat messaging service, said Wednesday its profit grew 42 percent as smartphone gaming revenues continue to rise.

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Seeking Alpha

Tencent Holding's (TCEHY) CEO Pony Ma on Q2 2014 Results - Earnings Call Transcript

Ladies and gentlemen, thank you for standing by and welcome to the Tencent Holdings Limited 2014 second quarter results announcement conference call.

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Seeking Alpha

Tencent beats estimates on gaming, WeChat growth; JD.com rallies

Tencent had Q2 revenue of RMB19.75B , +37% Y/Y and above an RMB19.2B consensus. Net income rose 59% to RMB5.84B , above an RMB5.51B consensus.

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Related Topix: Social Software

TheStreet.com

Why Tencent (TCEHY) Stock Is Advancing Today

Net income was up to 5.84 billion yuan in the three months ended June from 3.68 billion yuan a year earlier, the company said.

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Related Topix: Business News

Digital Game Developer

Tencent Announces 2014 Second Quarter and Interim Results

Operating margin increased to 41% from 34% for the first half of 2013. Non-GAAP operating profit3 was , an increase of 40% YoY.

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Tue Aug 12, 2014

Customer Interaction Solutions

Anniversary promotion helps boost JD.com's Q2 earnings [GCTL Insights Magazine (China)]

JD.com the mainland's second-largest business-to-consumer e-commerce platform operator, could well be on the fast track to profitability as its net margins improve on the back of a steady increase in mobile users and transactions.

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Related Topix: Science / Technology, Internet

Bloomberg

Tencent Aims to Undercut Alibaba With Billion Chat Users

Tencent Holdings Ltd. faces the prospect of losing its position as Asia 's most-valuable Internet company this year after Alibaba Group Holding Ltd. goes public.

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Related Topix: Alibaba, Internet, Science / Technology, Startups, Facebook

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