Tencent's Mix of Games, WeChat Drives Best Growth in 7 Years
- WeChat users grew almost one-fifth to more than 960 million
- Honour of Kings was again the standout performer for Tencent
Tencent Holdings Ltd. posted its fastest revenue growth in seven years and a record profit that surpassed estimates by 35 percent, thanks to its marquee hack-and-slash title Honour of Kings. Bloomberg's Stephen Engle takes a look at the highlights on 'Bloomberg Technology.' (Source: Bloomberg)
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Tencent Holdings Ltd. is reaping the rewards of marrying social media with mobile gaming.
The Chinese internet giant posted its fastest revenue growth in seven years and a record profit that surpassed estimates by 35 percent, thanks to its marquee hack-and-slash title Honour of Kings.