Wow, Tencent posts first drop in profits ever on lower investment gains. Rev is a miss. numbers don't look good
Show this thread
-
Tencent WeChat Mini Programs daily active users now stand at 200 million, according to a release on WeChat's official social media account.
Show this thread
Some insights confirmed by Tencent President: 1. admin restructuring is causing the game approval halt 2. there is a green approval channel for games to test monetization for 1 month period 3. PUBG mobile is so big, it can't use the test channel, has to go through officially
-
-
Monster Hunter was a one-off event. Aspects of the game didn't completely comply, but it's readjusting to prepare for approval again
Show this thread -
PUBG mobile monetisation is not a matter of whether, but a matter of when, says Tencent President Lau
Show this thread -
Lau says Tencent had approval from China to launch the game and to monetize it, but then the game maker delivered content that didn't comply with regulations.
Show this thread -
Tencent has approval for Fortnite PC launch in China, but needs to apply for monetization permit via the one-month green approval channel. Fortnite Mobile however will need new approvals, timing is uncertain, says Lau
Show this thread -
As final note, Tencent mgmt should stop referring the regulatory body as GAPP... that name even predates the annoying SAPPRFT
Show this thread -
Price target cuts across border for analysts. Where was this handy advice before? Also 99% buy ratings. Analysts do love Tencent
Show this thread -
Tencent share decline continues in HK. Down 4.8% in openingpic.twitter.com/DkTM6JISoD
Show this thread
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.