Tencent revenue tops estimates due to mobile games

Jamie McKane

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Tencent revenue tops estimates due to mobile games

Tencent Holdings Ltd. posted a quarterly profit that exceeded estimates, bolstered by mobile game blockbusters like PlayerUnknown’s Battlegrounds as users on China’s most popular social network surpassed a billion for the first time.

Tencent posted a 61 percent jump in net income to 23.3 billion yuan ($3.7 billion) in the three months ended March, outstripping the 17.4 billion-yuan average projection.

[Bloomberg]
 

Lord Farquart

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That not the same company your mastes divested in not so long ago? How foolish they look now, but theis subsidiary pleading poverty at the ICASA hearings.:crylaugh:
 
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