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Auteur: Arend Jan Kamp

Arend Jan Kamp is 24/7 van de vroege uurtjes voorbeurs tot de late uurtjes after hours uw gastheer op IEX, als hij in geheel eigen stijl (bondig, maar toch uitbundig) de beursdag met u doorneemt. Van aandelen en indices, via commodities, langs de rentemarkten, naar haute finance tot politiek en centrale banken. Arend Jan is ...

Meer over Arend Jan Kamp

Recente artikelen van Arend Jan Kamp

  1. 19 dec Het is een beetje anders dan anders voorbeurs 48
  2. 18 dec Voorbeurs houdt het niet over, maar er is nog genoeg te doen 2
  3. 15 dec Het ziet er aardig uit voorbeurs en wie weet wordt het heksenketel 3

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  1. Humans R underrated 13 mei 2020 11:55
    Tencent Sees Q1 Revenue Surge As China Lockdown Boosts Gaming, Video Subscriptions
    Tencent said time spent online is likely to decease in the months ahead as lockdown conditions ease, but still posted more than $15.2 billion in first quarter revenues.
    MARTIN BACCARDAXUPDATED:MAY 13, 2020 5:39 AM EDTORIGINAL:MAY 13, 2020
    Tencent Holdings (TCEHY) posted stronger-than-expected first quarter earnings Wednesday as video subscriptions and gaming revenues at Asia's biggest tech company surged during China's coronavirus lockdown.

    Tencent said net profit for the three months ending in March came in at 28.9 billion Chinese yuan ($4.07 billion), up 6.2% from the same period last year and well ahead of the Street consensus forecast of 23.83 billion yuan. Group revenues, Tencent said, rose 26.4% to 108 billion Chinese yuan, again beatings analysts' forecasts of a 101.4 billion tally.

    "In the first quarter of 2020, we harnessed the power of technology to enable users to stay connected, informed and entertained, to help advertisers reach target audiences effectively, and to assist enterprises in achieving service continuity," Tencent said.

    "Looking forward, we see several likely industry-wide headwinds, including consumer time spent online normalising which will lead to lower advertisement impression growth, online services advertisers adjusting their customer acquisition budgets to reflect revised life time value assumptions, and multinational brands sharply reducing their global marketing budgets as they faced the pandemic in their home markets."

    Tencent's U.S. listed shares were little-changed in pre-market trading Wednesday following the earnings release to indicate an opening bell price of $55.35 each.

    Tencent's two main online platforms -- WeChat and Weixin -- saw monthly average user growth rise 3.2% from the last quarter, and 8.2% on the year, to nearly 1.202.5 billion.

    Video game revenue rose 31% from last year to 37.3 billion yuan, "primarily reflected revenue contributions from domestic smart phone games such as Peacekeeper Elite and Honour of Kings", while smartphone gaming revenue rising to 34.8 billion yuan, .

    BY MARTIN BACCARDAX

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