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Transcripts For BBCNEWS Asia Business Report 20170517

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

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