Tencent Profits Surge 89% Year-on-year, Pledges Cooperation with Antitrust Regulators

Tencent’s strong Q3 results came as the company recovered from an announcement from Chinese antitrust regulators (Source: Xinhua)

Chinese social and gaming giant Tencent reported strong Q3 financial results on Thursday, generating a revenue of 125.5 billion yuan ($18.9 billion), up 29% year-on-year and ahead of analysts’ expectations. 

The Shenzhen-based …