Chinese technology giant Tencent Holdings (TCEHY) has reported a 13% jump in first quarter revenues to $25 billion beating expectations. The performance was driven by strong gaming demand in both China and abroad.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
However, net profit of $6 billion missed expectations.