Happy Elements is a game development and operation provider
Happy Elements, founded in 2012 and headquartered in Beijing, is a game development and operation provider, involving many types of social games, mobile games, and web games. Its main competitor is MicroFun.
ResearchConsumer Staples, Communication, Consumer Discretionary
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Tencent's Net Income Fell by 23% in First Quarter as it Shifted to To Business Services
Tencent reported revenue of CNY 135.4 billion in Q1 2022, the same as last year but less than the expected CNY 141.06 billion. The company's net income fell 51% year over year to CNY 23.4 billion. Under Non-IFRS, net income is CNY 25.5 billion, down 23% from the previous year.
May 18, 2022 05:08 PM
Co-Working Space Provider Ucommune Experienced Jaw-Dropping Losses
Founded in 2015, the Beijing-based Ucommune (优客工场) is a co-working space provider that creates a large-scale intelligent agile office ecosystem in China. Recently, the company released its second annual report, with net loss reaching CNY 2.163 billion.
May 17, 2022 12:26 AM