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May 11, 2011 04:14 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/48o3OkH_zZ8/
Tencent's Q1: Profit Up 61%, Nearly $1 Billion In Revenues, 700 Million IM Users
Tencent, a major provider of Internet and mobile services in China, this morning revealed earnings for the first quarter of 2011, reporting a better-than-expected 61 percent jump in net income. The company's profit rose to 2.87 billion yuan (roughly $442 million), up from 1.78 billion yuan (roughly $274 million) a year earlier. Total revenues were 6,33 billion yuan (approximately $975 million), an increase of 14.7 percent over the fourth quarter of 2010.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/48o3OkH_zZ8/
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