Tencent reports Q4 profit of $9.1B, up 175% YoY, on revenue of $20.5B, up 26% YoY; full year profit for 2020 rose 71% to $24.5B (South China Morning Post) –

South China Morning Post:
Tencent reports Q4 profit of $9.1B, up 175% YoY, on revenue of $20.5B, up 26% YoY; full year profit for 2020 rose 71% to $24.5B  —  Tencent’s fourth-quarter profit beat estimates by 80 per cent, reaching US$9.1 billion The tech giant’s continued growth faces increasing challenges in its home market …

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