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November 16, 2016 10:04 am GMT

Tencent reports $1.5B profit thanks to its WeChat messaging app and mobile games

Tencent Holdings Ltd.'s new headquarters stand under construction in Shenzhen, China, on Monday, Aug. 22, 2016. The new headquarters for Tencent is a $599 million project aimed at creating a campus-like atmosphere for the urban setting. Scheduled for completion next year, the Shenzhen skyscraper could become one of the largest labs for new internet services and connected devices. Photographer: Qilai Shen/Bloomberg via Getty ImagesTencent, Asia’s most valuable tech company, posted another healthy profit thanks to its growing mobile messaging app WeChat and its mobile games business. Read More

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