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August 15, 2018 11:44 am GMT

Chinese internet giant Tencent suffers a rare profit drop

Tencent, Asia’s most valuable tech firm, delivered a surprise drop in profit on account of lower investment gains. The firm recorded strong growth with revenue up 30 percent year-on-year to reach 73.7 billion RMB ($10.7 billion) in Q2 2018.But net profit slipped by two percent annually to reach 17.9 billion RMB, or around $2.6 billion. […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vSaSAx3vgQM/

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