The Chinese gaming giant is now the fourth-largest internet company in the world (!) with a reported USD 3,2 billion quarterly revenue and USD 957 million quarterly profit (!!). Tencent also holds 40 per cent share of Epic Games and acquired Riot Games (“League of Legends”) in 2011.
The Golden Week holiday in China is already leading to spectacular traffic jams. With already 10,33 million passengers on China´s railways on October first, the Ministry of Transport expects 610 million more travelers on the road and waterways……
Full story and photos: China Golden Week Traffic Jams [Photos] – Business Insider.
It´s “Golden Week” in China – and the government suspended road tolls. Which means, 740 million people are on the move during this holiday – about 85 million of them by car. After seeing this pictures, you might never complain about traffic ever again….
(source: Tea Leaf Nation)
It is estimated that there are close to a million millionaires in China and six hundred billionaires – and numbers are rapidly growing. ABC Australia put out an interesting documentary last year, called the “Ka-Ching Dynasty”, which offers a look into the decadent world of China´s wealthiest people. You should take your time to watch this……
Mobile analytics firm Flurry indicates the incredible growth potential on the Chinese smartphone-market. In terms of iOS and Android activations, China has now surpassed the US-figures.
Sources: TechCrunch / Flurry