China's Tencent Q4 revenue exceeds estimates

Reuters

2025/03/19

BEIJING, March 19 (Reuters) - Chinese technology giant Tencent Holdings 0700.HK posted on Wednesday a 11% rise in fourth-quarter revenue, driven by growth in its gaming business.

Tencent, the world's largest video game company and operator of the WeChat messaging platform, reported revenue of 172.4 billion yuan ($23.83 billion) for the quarter ended December. 31.

The results exceeded the 168.9 billion yuan average estimate from analysts polled by LSEG.

($1 = 7.2357 Chinese yuan)

(Reporting by Liam Mo and Brenda Goh; Editing by Jacqueline Wong)

((liam.mo@thomsonreuters.com;))

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The results exceeded the 168.9 billion yuan average estimate from analysts polled by LSEG.($1 = 7.2357 Chinese yuan) (Reporting by Liam Mo and Brenda Goh; Editing by Jacqueline Wong) ((liam.mo@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}