Blockbusters give Tencent the edge
Games and videos help internet company post record quarterly sales
18 May 2017 - 05:16
Hong Kong — Tencent Holdings’s investments in video and gaming content are paying off in a big way. China’s largest internet company, in which Naspers owns a 34% interest, posted record quarterly sales and profit that topped all analysts’ estimates as blockbuster titles including Honour of Kings drove a billion-plus users on WeChat and QQ to spend on game items.
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