China tech giant Tencent’s profit jumps in lockdown mode | The Malaysian Insight

Students listening to a lecture on the PlayerUnknown's Battlegrounds game at the eSports Academy in Singapore in December 2018. PUBG Mobile is one of many popular game titles owned by Tencent. – EPA pic, May 13, 2020.

CHINESE internet giant Tencent today reported a sharp rise in first-quarter net profit after a surge in demand for its online games as the coronavirus pandemic forces people to stay home. The Shenzhen-based company, one of the largest listed on the Hong Kong stock exchange, said net profit rose 29% from a year earlier to 28 billion yuan .

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