now on bbc news, all the latest business news live from singapore. a strong earnings results for way bow. will we see similar numbers for tencent? tencent?. good morning, asia. glad you could join us for this midweek edition of asia business report. chinese social media giant weibo has reported reve nu es of media giant weibo has reported revenues of just media giant weibo has reported revenues ofjust under $200 million, an increase of 67% compared the year ago levels. profits are coming in at about $47 million us. the company claims 347 million monthly active users, an increase of 30% over the past year. another tech giant in china, tencent, is tipped to report encouraging numbers today. but with a saturated market, what are the other avenues for growth? certainly they need to start looking outside of the chinese market. there s still a lot of growth in chinese market, for example tencent are actively looking outside, looking at notjust china but around hong kong and sing
These silicon valley names. facebook saw worst day since december 21st. big executive shakeup. we had the departure of the name of what s app. his name is daniels. most important name bike mark zuckerberg and chris sandberg. what s app. and new speed leavinnews feed. quoted as successor of mark zuckerberg ceo. is he departing according to reports and insiders because he doesn t agree with mark zuckerberg s push and facebook s push into private sharing. and also merging the three platforms that s what s app., instagram and you speak and instagram. zuckerberg is probably taking more control of the company that he founded. if it wasn t for boeing this week, which is a stock of the week, we would have had a bigger gain for the dow. actually boeing saw gains today looking at 737 max upgrade sooner than