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August 16, 2017 11:36 am GMT

Tencent posts record $2.7B profit as mobile game revenue tops PC for first time

Tencent, Asia’s highest valued technology company, posted a record quarterly profit of $2.7 billion (18.2 billion RMB) thanks to explosive growth from mobile games. The firm’s profit in Q2 2017 rocketed 70 percent year-on-yearon the back of the success of Tencent’s mobile games, particularly smash hit Honour of Kings which claims over 200 million registered users. Honour… Read More

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