BEIJING (Reuters) – China’s Tencent Holdings reported a 8% rise in second-quarter revenue on Wednesday, driven by a recovery in its gaming business after a launch of a new mobile game in May that got off to a strong start.
The world’s largest video game company and operator of the WeChat messaging platform said revenue reached 161.12 billion yuan ($22.54 billion) in the quarter ended June 30. Analysts had expected revenue of 160.77 billion yuan, according to LSEG data.
($1 = 7.1484 Chinese yuan renminbi)
(Reporting by Liam Mo and Casey Hall; editing by Jason Neely)
Brought to you by www.srnnews.com