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Chinese Internet giant Tencent Holdings reports strong second-quarter earnings as online advertising and smartphone gaming revenues grow.
The Chinese Internet giant is paying nearly $215 million for 15 percent of JD.com, China's second-largest e-commerce company behind Alibaba.
Sales of iPhones may grow as high as 45 percent in the current quarter from a year ago, says Piper Jaffray analyst Gene Munster.
Revenue growth dipped last quarter from a year ago partly because the Chinese government delayed approving the iPhone 6, but Apple inventory decisions played a role as well.
If accurate, that's double the number of iPhone 6 and iPhone 6 Plus units sold during launch weekend in the US and elsewhere.
The new iPhone is closer to getting the thumb's up for sales to start in China, according to a government regulator interviewed by Chinese Internet portal Tencent.
One e-commerce site allegedly accounts for 2.3 million reservations alone, according to Chinese media.
Alleged internal memo to Apple employees in China suggests prototype phones will hit shelves on October 7, leading to a launch a few days later.
CNET breaks down Alibaba's sprawling e-commerce empire and explains why everyone's been talking about the Chinese company's initial public offering.
The video game maker has struck an agreement to receive a large investment and publish 10 games in China.