Marketing, E-commerce and Digital Design, Product Management, Brand Development, Design, Advertising and Consultancy

Tencent’s not-so-secret success is its lead as the platform for China’s new sharing economy

on Aug 22, 2017 | 0 comments

By Charlotte McEleny

Outside of China, the momentum of its major digital players has been significant as the likes of Tencent, Alibaba and Baidu ramp-up awareness globally. As it becomes more global, so too does its influence in showing the global technology world how to build an ecosystem within the mobile phone.

Just this week Tencent posted a 59% growth in revenue and a 70% profit growth, driven largely by advertising and gaming revenues. The results don’t split out what proportion of revenue is domestic, versus international, but the company did say that future revenue would be driven by tech innovation, something Read full story ›

Source: The Drum