Chinese tech firm Tencent is a gaming large and the mum or dad firm of WeChat, the ever-present social messaging app in China.
Cheng Xin | Getty Images News | Getty Images
Chinese social media and gaming firm Tencent on Wednesday reported better-than-expected revenue within the third quarter, spurred by progress in video games, promoting and cloud providers.
Tencent reported revenue attributable to shareholders of 53.23 billion yuan ($7.37 billion) within the third quarter, in contrast with a LSEG estimate of 46.18 billion yuan over the interval.
The firm’s income got here in at 167.19 billion yuan, in need of the 167.82 billion yuan analyst forecast.
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