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Tencent revenue growth improves to 21% in Q2 as more games released

2019-08-14 15:05:00| Telecompaper Headlines

(Telecompaper) Tencent reported second-quarter revenues up 21 percent year-on-year to CNY 88.8 billion (USD 12.9 billion), accelerating growth from 16 percent in the first quarter. Its games business returned to revenue growth of 8 percent, and Tencent also benefitted from expansion in video streaming and payment services, offsetting a lowing ad market. 

Tags: more games growth released

 

Uganda cotton and clothing strategy eyes export growth

2019-08-14 14:18:00| Daily apparel & textile news and comment - from just-style.com

Uganda has set out a new strategy for its cotton, textile and apparel sector that could, according to local reports, generate up to 50,000 new jobs and US$650m in additional export revenues over the next eight years.

Tags: eyes growth clothing strategy

 
 

German economy slips back into negative growth

2019-08-14 09:24:52| BBC News | Business | UK Edition

A decline in exports dampened growth, causing the economy to shrink 0.1%, according to official data.

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UK wage growth picks up to 11-year high

2019-08-13 10:46:10| BBC News | Business | UK Edition

Earnings growth continues to accelerate but the unemployment rate edges up, official figures show.

Tags: high growth picks wage

 

The Hotel Sector May Be Looking at a Slowdown in Rent Growth

2019-08-12 17:03:00| National Real Estate Investor

Fewer foreign tourists and a high construction pipeline expected to lead to less revenue growth for hotel operators for the remainder of 2019.

Tags: in hotel growth rent

 

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