China's Tencent Music Entertainment Group on Monday missed quarterly revenu...
FILE PHOTO: Tencent Music Entertainment celebrate the company's IPO on the floor of the New York Stock Exchange in New York, U.S., December 12, 2018. REUTERS/Bryan R Smith/File Photo
Monthly average revenue per user from its social entertainment services rose 16.5% to 130.2 yuan , the slowest growth since it went public in December last year. Overall revenue rose to 5.90 billion yuan from 4.50 billion yuan a year earlier, but missed estimates of 5.95 billion yuan, according to IBES data from Refinitiv.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cramer: Hong Kong protests 'more serious' than US-China trade war for global marketsThe White House issued a statement this morning about the protests in Hong Kong saying 'this is between Hong Kong and China.'
Read more »
Why The U.S. Will Win The China Trade WarWith Trump's imposition of 10% tariffs on an additional $300 billion of imports from China and Beijing's retaliation by weakening the yuan and cutting off imports of U.S. farm products, the U.S.-China confrontation has escalated to fever pitch.
Read more »
Coach And Givenchy Join Versace In Apologizing To China Over Controversial T-ShirtThe luxury brands have lost popular celebrity ambassadors after selling T-shirts that listed Taiwan, Hong Kong and Macau as being independent of China.
Read more »
China Says Hong Kong Protests Show ‘First Signs of Terrorism’Chinese authorities condemned violent weekend demonstrations in Hong Kong as “deranged acts” that marked the emergence of “the first signs of terrorism” in the semiautonomous city, vowing a merciless crackdown on the perpetrators.
Read more »
Canada's Trudeau extremely concerned about Hong Kong, urges China to be carefulCanadian Prime Minister Justin Trudeau on Monday said he was very worried about ...
Read more »
China warns of 'terrorism' in Hong Kong protests, says the U.S. is supporting itAfter Hong Kong police were attacked with firebombs, a Chinese official warned 'violent crimes must be resolutely cracked down in accordance with the law, without hesitation or mercy.'
Read more »