Tencent’s Q2 profit surges despite economic headwinds

Quick Summary:

The Chinese tech giant posted strong Q2 results, propelled by WeChat Channels’ growth and a rebound in gaming revenue.

The post Tencent’s Q2 profit surges despite economic headwinds appeared first on KrASIA.

Specifically, this was driven by increased revenue from video account commissions, video account advertising, and minigame advertising.

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Article Details

Author / Journalist: 36Kr English

Category: TechnologyStartupsBusiness

Markets: China

Topics: Growth (usd Channels Gaming Tencent Billion Profit Gross Wechat Game Revenue

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-21 @ 00:30:11 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: kr-asia.com

Language: English

Article Length: 169 words

Reading Time: 1 minutes read

Sentences: 52 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © KrASIA

News ID: 22186494

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Main Topics: TechnologyStartupsBusiness

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