Home › Tencent grows Q2 revenues 29% on demand for mobile games, media services
 

Keywords :   


Tencent grows Q2 revenues 29% on demand for mobile games, media services

2020-08-12 14:33:00| Telecompaper Headlines

(Telecompaper) Tencent reported steady growth in the second quarter, with little sign of a slowdown due to the coronavirus. Revenues rose 29 percent year-on-year to CNY 114.9 billion, EBITDA increased 24 percent to CNY 40.5 billion, and the net profit was up 31 percent to CNY 32.5 billion. 

Tags: services media games mobile

Category:Telecommunications

Latest from this category

All news
01.12How Kiro AI Agents Accelerate Development from Modernization to Cloud Migration Analysis
28.11Modern IT Service Management is Transforming Managed Services. Heres how. (Part 1)
25.11Is Your AI Operation Achieving Long-Term, Sustainable Growth?
21.11Strengthening Healthcare Operations Through Cyber Resilience
Telecommunications »
05.12Netflix reportedly closes in on Warner Bros deal
05.12What are freeze-dried sweets and why are they popular?
05.12Meta shifts some metaverse investments to AI smart glasses
05.12Taiwan bans Chinese app RedNote over fraud concerns
05.12Taiwan to ban Chinese app RedNote over fraud concerns
05.12Details of plan to keep pubs open longer for World Cup revealed
05.12Details of plan to keep pubs open longer for World Cup revealed
05.12Turkey breeder supplying luxury stores investigated over welfare
More »