Tencent's Q1 revenue jumps 26% as lockdowns spur video game spending

Tencent's Q1 revenue jumps 26% as lockdowns spur video game spending

Photo: REUTERS/Jason Lee/File Photo

High demand for video games during COVID-19 lockdowns buoyed Tencent Holdings’ first-quarter revenue and profits, with blockbuster games PlayerUnknown’s Battlegrounds Mobile and Honor of Kings helping it beats forecasts.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter