The giant online games and messaging tech company, Tencent has reported its Q4 net profit rose 46% from last year. Higher revenues are a result of online value-added services including online games. Tencent also announced to increase investment in existing and new businesses such as e-commerce and the expansion of its microblogging service, t.qq.com.

Shenzhen-based Tencent operates online platforms in China that include instant-messaging service QQ, Web portal QQ.com, games portal QQ Game and a mobile portal. At December 31, QQ had 647.6 million active instant messaging user account.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Jason Lim

Jason is an Australian born Chinese living in Beijing, specializing in entrepreneurship, start-ups and the investment eco-system in China, especially in the tech and social area.