Tencent reports 11% rise in Q4 revenue due to gaming business growth

Published 19/03/2025, 09:50
© Reuters.

Investing.com -- Chinese tech heavyweight Tencent (HK:0700) Holdings (OTC:TCEHY) announced on Wednesday an 11% increase in revenue for the fourth quarter.

The surge was primarily fueled by the expansion of its gaming division.

Tencent, recognized globally as the largest video game company and the operator of the WeChat messaging platform, disclosed a revenue of 172.4 billion yuan ($23.83 billion) for the quarter that concluded on December 31.

The reported figures surpassed the average prediction of 168.9 billion yuan from analysts surveyed by LSEG. This indicates a better than expected performance by Tencent, largely attributed to its thriving gaming business.

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