Tencent Reports 17% Increase in Game Revenues, Nets $7.74B Profit for Q1 2021 

Tencent Reports 17% Increase in Game Revenues, Nets $7.74B Profit for Q1 2021 

Chinese multinational investment holding conglomerate Tencent Holdings released its financial earnings report for the first quarter of 2021. The company generated total net revenues of ¥135.3B RMB ($21.03B USD) in Q1 2021, an increase of 25.2% from ¥108.1B ($16.8B) in the same period of 2020.  The company reported that its quarterly revenues from games increased by 16.9% year-over-year to […]

The post Tencent Reports 17% Increase in Game Revenues, Nets $7.74B Profit for Q1 2021  first appeared on The Esports Observer.

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