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Tencent’s revenue accelerated its growth after the blockbuster summer release of Dungeon & Fighter Mobile helped lift China’s most valuable company out of a gaming trough https://t.co/kZ3yMcJbp2
Tencent's Q2 revenue up 8% on recovery in game business https://t.co/iPIGIku3aI
🔵 TENCENT'S Q2 REVENUE UP 8% ON RECOVERY IN GAME BUSINESS Full Story → https://t.co/Pb3QTh8zh8 China's Tencent Holdings reported a 8% rise in second-quarter revenue on Wednesday, driven by a recovery in its gaming business after a launch of a new mobile game in May that got… https://t.co/bogUVlxJZ9
Tencent Holdings, the Chinese technology giant, reported a significant financial upturn in the second quarter of 2024. The company's revenue increased by 8% year-on-year, reaching CNY 161.117 billion. This growth was largely attributed to a recovery in its gaming business, particularly following the successful release of Dungeon & Fighter Mobile in May. Additionally, Tencent's profit attributable to shareholders surged by 82%, amounting to CNY 47.63 billion. This marks a notable recovery for Tencent, as its gaming unit, a key component of its business, has shown accelerated growth.