Friday, 24 March, 2023

Tencent Records $21.9 Billion Revenue in Q4

<p>Chinese tech giant Tencent has reported a revenue of $21.9 billion in the December quarter, indicating a return to growth after a slowdown in the previous quarter. The company&#39;s revenue was driven by strong performance in its gaming and social media businesses, as well as its cloud computing and advertising segments. The company&#39;s gaming division, which includes popular titles like Honor of Kings and PUBG, accounted for over 30% of its revenue in the quarter.</p>