Tencentâs profit surges 69% to $2.7 billion in Q3
Chinese social media and gaming giant Tencent has reported a 69% year-on-year surge in profit to $2.71 billion for the quarter ended September. The company's revenues also rose by 61% to $9.8 billion, driven primarily by smartphone and PC games, and online advertising, among others. Tencent also reported that its online games revenues grew by 48% during the quarter.