Tencent Q3 Reports Revealed

Business

16 November 2023 12:57

Chinese video game giant Tencent revealed its Q3 financial results. In its Q3 earnings report, Tencent reported a revenue of 154.6 billion yuan ($21.5 billion), reflecting a 4% year-over-year increase. Profits saw a 5% year-over-year decline, amounting to 36.8 billion yuan ($5.1 billion). The gaming segment constituted 30% of the total revenue, equivalent to $6.36 billion. The company will also launch a new version of Honor of Kings: World.

Tags: Tencent

Share:

Sources:

Report mistake Submit news

Related news

View All

Trump Administration Reportedly Weighing Tencent Divestment From US Gaming Firms Including Riot Games and Epic Games

TL;DR * The Trump administration is reportedly exploring whether Tencent's investment stakes in US-based gaming companies can remain, with top...

Drama

Mar 04, 2026

Tencent Backed Highguard

TL;DR * Tencent is reportedly the secret main investor behind Wildlight Entertainment, the studio that developed Highguard, according to sources...

More

Feb 18, 2026

Tencent Invests in Drama Studios

Tencent has acquired a minority stake in French game developer Drama Studios, strengthening its presence in the global games market...

Investments

Dec 17, 2025

Light of Motiram Marketing Stopped

Tencent has agreed to halt all promotional activities and public testing for its upcoming action game Light of Motiram as...

Drama

Dec 04, 2025

Sony vs.Tencent Battle Heating Up

The legal battle between Sony and Tencent is intensifying, as Sony has fired back at the Chinese tech giant’s latest...

Drama

Oct 17, 2025

Tencent Q3 Reports Revealed

Business

16 November 2023 12:57

Tags: Tencent

Chinese video game giant Tencent revealed its Q3 financial results. In its Q3 earnings report, Tencent reported a revenue of 154.6 billion yuan ($21.5 billion), reflecting a 4% year-over-year increase. Profits saw a 5% year-over-year decline, amounting to 36.8 billion yuan ($5.1 billion). The gaming segment constituted 30% of the total revenue, equivalent to $6.36 billion. The company will also launch a new version of Honor of Kings: World.

Share:

Sources:

Report mistake Submit news