Tencent sees 2017 profit climb 75 percent on robust ad sales

Tencent has reported a 75 percent climb in profit for its fiscal 2017 to US£11.09 billion (72.47 billion yuan), fuelled by high growth rates in its online advertising revenue and value-added services business unit. The Chinese tech giant said it clocked a 56 percent increase in total revenues for the year, ended December 31, to hit US£36.39 billion (237.76 billion yuan). Tencent’s value-added services, which comprised messaging apps such as WeChat and online games, saw a 43 percent increase in revenue to 154 billion yuan (US£24.32 billion).

The business unit accounted for 65 percent of the company’s total revenue. Sales from online games rose 38 percent to 97.88 billion yuan (US£15.46 billion), fuelled primarily by revenue increases in smartphone games such as Honour of Kings and Dragon Nest Mobile. Social networks revenue grew 52 percent to 56.1 billion yuan US£8.86 billion, which growth Tencent attributed to its digital content services such as subscription video and music streaming and sales of in-game virtual items.

Online advertising revenue climbed almost 50 percent year-on-year to hit 40.44 billion yuan (US£6.39 billion), and accounted for 17 percent of the company’s total revenue. Ad revenue from social and others grew 65 percent 25.61 billion yuan (US£4.05 billion), while media ad revenue rose 30 percent to 14.83 billion yuan (US£2.34 billion). The increase here was fuelled by higher traffic and revenue figures from its Tencent Video and other video streaming services.

Tencent’s chairman and CEO Ma Huateng said: “Looking forward, we are substantially increasing our investment in areas including video, payment, cloud, AI (artificial intelligence) technologies, and smart retail, which will impact our near-term earnings but which we believe can generate long-term value and growth opportunities.”

The Chinese vendor last April said it was opening data centres outside its domestic market as it looked to expand its portfolio to include cloud and AI. These new facilities were earmarked for Mumbai, Seoul, Frankfurt, and Moscow, adding to its global network of data centres that included Singapore, Toronto, and Hong Kong. Tencent also operated at least 12 data centres in mainland China.

Tencent in March 2017 also acquired a 5 percent stake in Tesla for US£1.78 billion and, in October, invested US£400 million in Indian cab-hailing platform Ola.

0702 ring rattle 0040767657

0702 ring rattles are made from high quality plastic.

Calls on the motor skills of the child.

Diameter 11.

5 cm Tuev tested! For infants from 0 months. This text is machine translated.

- More Info - EAN: 4018501045280

LED bubble fish light Fishes and submarine LED Built-in LED 0.72 W LeuchtenDirekt Ava Steel

The water column with LED color changer and bubbles creates a special atmosphere.

It is comfortably with a cord switch on or off.

The water column has been made of plastic and is therefore very robust.

Included are eight decorative fish as well as a small U-boat.

This decorative elements are located in the base pump with air bubbles in motion, these can be regulated in strength.

Please use for the filling only distilled water. For lighting the water column provide here 12 Small Stationary RGB LEDs a 0.

06 Watt. The height of the water column is approx.

120 cm, the diameter of about 10 cm. The base is calculated approx.

22 x 22 cm.

This text is machine translated.

- More Info - EAN: 4043689907006

Fisher Price - 3-in-1 Dream Teddy Mobile

Let's go to the land of dreams with the 3-in-1 Dream Teddy Mobile from mattel.

The three dream teddy want your child a quick and restful sleep.

Each Pluschbar is in a funny strampelanzug and has colorful wing on the back.

With a small clip, the mobile, when it is no longer on the cot is used to almost all popular baby carriage mounted. The removable projector can be used in conjunction with the mobile, but can also be used alone, for example, on a table. This text is machine translated.

- More Info - EAN: 887961046076

Edinburgh Walking Tour - Ghostly Underground

A daytime tour of Edinburgh’s most haunted vaults – and we’re the only people with access. This tour is perfect for a peek into the city’s ghostly past, because things don’t only go bump in the night.  The true history of the Blair Street Underground Vaults is terrifying enough – so abandon thoughts of manufactured frights and make-believe. The skill is in the storytelling: the vaults witnessed the deeds of mischief-makers and murderers, vagrants and torturers.

It’s one of Edinburgh’s most haunted sites, where restless spirits still tread.

Want see Edinburgh’s haunted vaults? Explore them exclusively with Mercat Tours. First you’ll follow your cloaked Mercat guide through the shadowy closes of Edinburgh’s Old Town. These are dark streets untouched by daylight, filled with a strange silence, their damp walls carrying only the faintest echo of the crowds on the high street you’ve left behind. With the scene set, you’ll descend into the depths of the city – and listen in horror to its dark and sinister side. Torture. Murder. Hangings. From body snatchers to the real-life Jekyll and Hyde, you’ll be gripped by the true tales that lie hidden beneath Edinburgh’s streets. Watch out for a cold breath on the back of the neck, a whisper, a flicker – then silence. It’s all the more chilling for being absolutely real: there are no tricks or jump scares on our ghost tours. Why not combine your visit to the Edinburgh Walking Tour with other famous attractions and activities in Edinburgh such as Royal Yacht Britannia or Edinburgh City Sightseeing Tour?

- More Info

You may also like...

Apps & Games Clothing Electronics & Photo Large Appliances
Baby Womens Apparel Garden Lighting
Beauty Mens Apparel Outdoors Luggage
Books Girls Apparel Health & Personal Care Pet Supplies
Car Boys Apparel Home Shoes & Bags
Motorbike Computers & Accessories Kitchen Equipment Sports & Outdoors
Fashion DIY & Tools Jewellery Toys & Games