Tencent in their own league, legends

"Revenues grew 52% year-on-year (6.048 billion Dollars for the quarter, this is a real big business), operating profits increased 40% year-on-year when compared to the prior third quarter (2015). Profits increased by 42% year-on-year to 1.614 billion Dollars, there was slippage with operating margins from 39 to 36%."   Attention: One of our sub-tenants is … Continue reading Tencent in their own league, legends

MakeMeMoney

"Here is the official release from MakeMyTrip - MakeMyTrip Limited and ibibo Group Announce Transaction to Consolidate their Indian Travel Businesses. The current makeup of the shareholding of Ibibo is 91 percent Naspers and 9 percent TenCent. In the combined entity, this holding company for Ibibo will hold 40 percent of the MakeMyTrip Limited. Naspers … Continue reading MakeMeMoney