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A look at Chinese food delivery giant Meituan's subsidy war with Alibaba and JD.com, leading Meituan to a big Q3 loss and internal debate over global expansion (Eleanor Olcott/Financial Times)

Eleanor Olcott / Financial Times : A look at Chinese food delivery giant Meituan's subsidy war with Alibaba and JD.com, leading Meitu...

19 March 2025

Tencent reports Q4 revenue up 11% YoY to ~$23.9B, vs. ~$23.4B est., profit up 90% YoY to ~$7B, vs. ~$6.3B est., and domestic game revenue up 23% YoY to ~$4.6B (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
Tencent reports Q4 revenue up 11% YoY to ~$23.9B, vs. ~$23.4B est., profit up 90% YoY to ~$7B, vs. ~$6.3B est., and domestic game revenue up 23% YoY to ~$4.6B  —  Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue.

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