Friday, June 14, 2019

Tencent Launches Its First Overseas Video Streaming Service, in Thailand

Tencent Holdings launched its first overseas video streaming service in Thailand on Friday, as it ramps up its presence outside China. http://bit.ly/2IiZKcZ

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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...