Source: China – South China Morning PostTencent Holdings’ second-quarter earnings beat analysts’ forecasts, as revenue from artificial intelligence (AI) boosted the bottom line of the world’s largest games publisher and China’s dominant super app operator.
Net profit rose 16 per cent to 56 billion yuan (US$7.81 billion) in the three months that ended in June, according to global accounting standards. Sales increased for the 11th quarter, jumping 15 per cent to 184.5 billion yuan and beating the consensus estimate of 19 analysts in a…Read More