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Tencent (OTC: TCEHY) posted its third-quarter earnings report on Nov. 16. The Chinese tech giant's revenue fell 2% year over year to 140.1 billion yuan ($19.7 billion), which represented its second consecutive quarter of declining revenue since its IPO in 2004. Its net profit rose 1...
Image source: The Motley Fool. TENCENT HLDGS UNSP/ADR (OTC: TCEHY) Q3 2022 Earnings Call Nov 16, 2022 , 7:00 a.m. ET Continue reading For further details see: TENCENT HLDGS UNSP/ADR (TCEHY) Q3 2022 Earnings Call Transcript
Tencent Holdings Limited (TCEHY) Q3 2022 Earnings Conference Call November 16, 2022 07:00 AM ET Company Participants Wendy Huang - Investor Relations Huateng Ma - Chairman and Chief Executive Officer John Lo - Chief Financial Officer Martin Lau - President ...
Chinese internet giant Tencent ( OTCPK:TCEHY ) reported third-quarter results on Wednesday that missed expectations due to the slowing Chinese economy and regulatory crackdowns, with the company adding it would distribute its $20.3B stake in Meituan to shareholders as a dividend...
Tencent press release ( OTCPK:TCEHY ): Q3 Non-GAAP EPS of RMB3.306. Revenue of RMB140.09B (-1.6% Y/Y). Adjusted EBITDA was RMB48.6B, down 1% Y/Y. Capital expenditures were RMB2.4B, down 66% Y/Y. Free cash flow was RMB27.6B, up 15% Y/Y. The company said it would...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips With turmoil erupting in the world’s second-largest economy, daring contrarians may want to consider Chinese stocks to buy on discount. To be completely transparent, this narrative won’t appeal to everyone. Wi...
Tencent ( OTCPK:TCEHY ) has reportedly begun a new round of lay offs across its video streaming, gaming and cloud businesses, Reuters reported on Tuesday. The news outlet, citing four sources close to the matter, said the layoffs affect three out of Tencent's ( OTCPK:TCEHY ...
Summary Tweedy, Browne Company LLC provides investment advisory services. The Company offers portfolio management, financial planning, and consulting services for individuals, institutions, partnerships, pension and profit-sharing plans, charitable foundations, trusts, and offshore fu...
Summary On Thursday morning, Alibaba stock rallied 7.5% on the NYSE despite falling in Hong Kong the night before. There could be more large rallies in BABA stock this year if the audit review goes well and the next earnings release is good. As an Alibaba shareholder who has a...
Summary Kuaishou continues to see strong topline growth, driven by robust growth in its advertising and eCommerce business segments. There is room for growth with the company continuing to expand and diversify its user base, and invest in enhancing competitiveness through logistic...
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