Tencent sees highest ever quarterly profit of $2.7 billion 
China's social media and games giant Tencent on Wednesday posted a record $2.7 billion profit in its second quarter due to peak in the mobile game revenues. The firm's profit in Q2 2017 rocketed 70% year-on-year due to 'Honour of Kings' mobile game, surpassing PC game revenues for the first time. Tencent's overall quarterly revenue was recorded at $8 billion. 