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Tencent revenue growth improves to 21% in Q2 as more games released

Wednesday 14 August 2019 | 15:05 CET | News
Tencent reported second-quarter revenues up 21 percent year-on-year to CNY 88.8 billion (USD 12.9 billion), accelerating growth from 16 percent in the first quarter. Its games business returned to revenue growth of 8 percent, and Tencent also benefitted from expansion in video streaming and payment services, offsetting a lowing ad market. 

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Categories: Internet
Companies: Tencent
Countries: China
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