in , , , , ,

Tencent sees gaming growth boost Q1 revenue to US$15.2bn

Getty ImagesTencent’s first-quarter revenue and profits were boosted by high demand for video games during Covid-19 lockdowns worldwide. The Chinese company’s video games business, which generates more than a third of its revenue, saw growth of 31 per cent to CNY37. 30 billion (US$5. 26 billion) as consumers sought entertainment and social interaction at home. Tencent records US$54bn revenues in 2019That increase helped Tencent’s overall revenue for the first quarter of 2020 climb 26 per cent to CNY108. 07 billion ($15.

Read more at:
https://www.sportspromedia.com/news/tencent-pubg-gaming-q1-revenue-profit-nba

What do you think?

50 points
Upvote Downvote

Written by SportsPro

Leave a Reply

Your email address will not be published. Required fields are marked *

‘Tennis stars could live stream matches on social’, says Octagon’s Bloxham

How football is returning to TV screens in Europe with everyone in lockdown