Asia’s most valuable tech company posts $1.5bn in net profit
Tencent, Asia’s most valuable tech company, reported a 43% year-on-year rise in its net profit, which stood at $1.5 billion for the September quarter. The company's quarterly revenue also soared 52% from the year-ago period to $6 billion. This comes at the back of Tencent's messaging app WeChat's performance, whose monthly users rose 30% to 84 crore.