Tencent "smashed through forecasts" with a 57% year-on-year jump in third-quarter operating profit to 22.75B yuan ($3.43B). The "robust" earnings report caps a "stellar" fortnight for the Hong Kong-listed Tencent. Revenues at the company were up 61% year-on-year at 65.2B yuan ($9.8B), compared with analysts' expectations of 60.9B yuan ($9.2B), according to Bloomberg (FINANCIAL TIMES, 11/15).
Tokyo-based internet company DMM.com took full ownership of Belgian first division side Sint-Truiden. The company acquired the final 80% of shares in the Limburg-based team after it bought an initial 20% earlier this year. Sint-Truiden will be managed with a "community-based approach," similar to the J.League model (KYODO, 11/15).
Gaming Digital is betting on esports as it bids to "restore profitability," with plans to open 35 of its Belong in-store "gaming arenas" by the end of next year and 100 or more "in the longer term." CEO Martyn Gibbs said, "Our focus on bringing grassroots esprots to the U.K. and Spain will remain a massive priority for us" (London TELEGRAPH, 11/15).