Tencent’s China Literature Crashes To $465 Million Loss

China Literature, which is both China’s leading online bookstore and owner of one of the country’s top TV producers, swung from profits of $55 million a year ago to net losses of $465 million in the six months to June. Revenues were up 10% to $461 million. The company, which is majority owned by social […]

Topics:  china literature   china s   tv   june   million   loss   
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