HONG KONG: Tencent Holdings, Asia’s second-most valuable listed firm, said on Thursday its revenue mix will diversify further, with the contribution from the company’s non-gaming business increasing.
Tencent President Martin Lau, who made the comments on the revenue mix, was speaking after the firm reported a sharper-than-expected 32 percent fall in fourth-quarter profit, the most on record for a quarter.
Headquartered in Shenzhen, China, Tencenet is an internet-based technology and cultural enterprise, founded in 1998.
Guided by its “user oriented” business philosophy, Tencent achieves its mission via the delivery of integrated internet solutions to over 1 billion netizens.
From comics, videos, games and animation to music, literature, films and news, Tencent offers an incredible array of first-class digital content and multi-media services, providing entertainment and cultural enrichment to over 1 billion users across the globe.
As the digital economy gathers pace, in part driven by China’s “Internet Plus” development strategy, Tencent is co-creating an ecosystem through strategic collaboration with our partners and the development of open platforms.
The valuation of these ventures significantly exceeds 100 billion yuan (over US$14.5 billion).
The post ‘PUBG maker Tencent says non-gaming business revenue contribution to rise appeared first on ARYNEWS.
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