---- Leute besuchen Sie den Stand von Tencent während der Mobile Asia Expo 2012 in Shanghai, China, 21. Juni 2012. Wie Westliche social-Media und Internet c
--File--People visit the stand of Tencent during the Mobile Asia Expo 2012 in Shanghai, China, 21 June 2012. As Western social-media and Internet companies from Facebook Inc. to Groupon Inc. struggle to meet investor expectations on earnings and share price, their biggest peer in China still going strong. The share price of Tencent Holdings Ltd., Chinas leading Internet company - with businesses from online gaming to instant messaging - has soared 48% this year in Hong Kong. Analysts expect that its results for the quarter ended June 30, to be released Wednesday (10 June 2012), will continue to show healthy revenue and profit growth, despite slowing online advertising outlays as the Chinese economy softens. Shenzhen-based Tencent has no obvious U.S. counterpart, its portfolio a hodgepodge of services somewhat similar to those of several U.S. companies, including Yahoo Inc., Google Inc., Facebook, Twitter Inc. and social-game developer Zynga Inc. It is a veritable Internet conglomerate, the likes of which doesnt exist in the U.S. or Europe. Founded in 1998, Tencent first gained an online presence with an instant-messaging platform. Since then, it has used its strength in chat - in the first quarter about 750 million people used its service at least once a month - to drive traffic to new products like videogames and social-media sites.
