tencent_logo 300Revenue at Tencent, China’s biggest social network, has risen at its fastest pace for five quarters helped by a surge in advertising income.  The online giant’s revenue jumped 34% from a year earlier to 26.6bn yuan ($4.2bn; £2.7bn) in the July to September period.  Its net income was 7.45bn yuan, a near-40% increase from a year earlier. The number of users of its popular messaging app WeChat rose by 39% in the period to 650 million. Tencent also runs another messaging service called QQ, which had close to 640 million users.

Source: Tencent Announcement