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Tencent Q1 2011 Profit Up 61% YoY
Hong Kong Exchange and Clearings, 5/11/11
Chinese Internet and mobile and telecommunications value-added services provider Tencent (0700.HK) has announced its unaudited consolidated financial results for the quarter ended March 31, 2011, with revenue up 50% YoY and up 14.7% QoQ to reach RMB 6.34 bln. Read More
Rumor: Tencent to Acquire Jiangmin
Ctocio.com.cn, 11/15/10
Chinese internet firm Tencent (0700.HK) plans to acquire Chinese software developer Jiangmin in order to obtain its own anti-virus engine in its battle with Chinese online security software developer Qihoo 360, according to industry rumor. Read More
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