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Tencent Q1 profit rises 65per cent as online gaming revenue climbs


Tencent Q1 profit rises 65per cent as online gaming revenue climbs
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Tencent Q1 profit rises 65per cent as online gaming revenue climbs
HONG KONG :Chinese gaming and social media giant Tencent Holdings Ltd reported a forecast-beating 65per cent rise in quarterly profit on Thursday, while management reiterated the company s focus on compliance as China steps up scrutiny on tech giants.
FILE PHOTO: A Tencent sign is seen at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, October 20, 2019. REUTERS/Aly Song
20 May 2021 10:15PM
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HONG KONG -Chinese gaming and social media giant Tencent Holdings Ltd reported a forecast-beating 65per cent rise in quarterly profit on Thursday, while management reiterated the company s focus on compliance as China steps up scrutiny on tech giants. ....

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