Tencent recently released unaudited comprehensive performance of Q4 by December 31, and audited 2013 annual performance. In Q4, Tencent gross revenue reached 16.97 billion Yuan (USD 2.783 billion), with a 9% QoQ growth and a 40% YoY growth.
Archives for April 2014
Weibo Files for IPO on Nasdaq, Under the Ticker “WB”
On April 1 2014, Sina Weibo renewed its prospectus and announced that Weibo will be listed on Nasdaq as “WB”. On March 15 in 2014, Sina Weibo submitted Form-1 to Securities and Exchange Commission for financing USD 500 million, half of which will be used to pay off debt and the other half will invest […]
Alibaba’s CEO Jack Ma On Fortune Top 50 Greatest Leaders in 2014
Fortune Magazine named “Top 50 Greatest Leaders”on March 20 in 2014, Amazon’s CEO Jeff Bezos ranked the NO.10, the highest ranking for IT leaders. Chinese leader, Alibaba’s CEO, Jack Ma also named on the list, before Apple’s CEO Tim Cook and Youtube’s CEO Susan Wojcicki.