For the first time, Tencent disclosed its single-season cloud business revenue in its financial report, and launched its cloud computing.
Big company
Tencent Announces Third Quarter 2019 Financial Report, Cloud Revenue Growth 80%
It was learned that Tencent’s third quarter revenue was 97.24 billion yuan, which was less than the market expectation of 99.044 billion yuan, a year-on-year increase of 21%. Net profit in the third quarter (profit attributable to equity holders of the company) was 20.3 billion yuan, less than market expectations of 23.531 billion yuan, down 13% year-on-year. For the first time, Tencent disclosed its single-quarter cloud business revenue in its earnings report. Cloud revenue increased 80% year-on-year to RMB 4.7 billion. Tencent said that it is mainly due to the increased usage of existing customers and the expansion of customer bases such as education, finance, people’s livelihood services and retail. . The combined monthly active accounts of WeChat and WeChat reached 1.151 billion, an increase of 6% year-on-year. The number of monthly active accounts of QQ’s smart terminals was 653.4 million, down 6% from the same period last year.
Vipshop Q3 Camp Received 19.6 billion yuan, higher than market expectations
It was learned that Vipshop’s third quarter revenue was 19.6 billion yuan, up 10.0% year-on-year, higher than the market estimate of 18.6 billion yuan. Under non-GAAP, net income increased by 140.2% year-on-year to 1.2 billion yuan.
Alibaba Hong Kong IPO or issue shares at a 5% discount
Alibaba Hong Kong IPO or issue shares at a 5% discount. (Nikkei News)