Tencent profit soars, but China watchdogs lurk
It's a social media giant and the world's biggest gaming firm by revenue.
And right now that's paying off for Tencent.
On Thursday (May 20) the Chinese firm said quarterly profits jumped 65% to just over $7.4 billion.
That beat forecasts, driven by a surge in demand for its games at home and abroad.
But there's a chill in the air for China's online firms.
Regulators have already fined e-commerce titan Alibaba $2.75 billion as part of a sweeping anti-trust clampdown.
Last month Reuters reported that Tencent also faces a penalty.
Regulators have told it to pay a massive fine, and shed some music assets.
Earlier this week its audio streaming unit, Tencent Music, said it faced heightened scrutiny from watchdogs.
Tencent, which makes 32% of its revenue from games, also faces mounting competition.
TikTok-owner ByteDance and other rivals are making inroads into the market, buying up some game studios.
Tencent is getting busy in response.
At its annual video games conference last week the company unveiled more than 60 new titles.
Later this year it will also launch a Pokemon game in partnership with Japan's Nintendo.
相關影片推薦
- 2:16美軍首次AI駕駛F-16戰機 空軍部長親自體驗 擬創千架無人機隊「自行決定」發射武器Yahoo奇摩(國際通)21,237 次觀看・11 小時前
- 2:08以色列半島電視台遭下令關閉 被指責「為哈瑪斯喉舌」頻道變黑畫面 直擊警方突襲辦公室查緝設備Yahoo奇摩(國際通)11,409 次觀看・11 小時前
- 2:13社區水塔逾20年沒洗"大腸桿菌超標500倍" 多住戶腹瀉民視影音4,020 次觀看・8 小時前
- 2:49帥老闆控女客跟騷4年 發「不自殺聲明」求助警華視影音133,006 次觀看・14 小時前
- 9:12習近平歐洲行 蔡正元揭北約秘書長「美國式謊言」!【風向龍鳳配】風向龍鳳配6,483 次觀看・12 小時前
- 2:0250元硬幣怎分辨真假? 專家教你分辨真偽民視影音19,847 次觀看・1 天前
- 2:04捷克「開放式監獄」成功降低再犯率 受刑人照顧花園、養小動物 準備回歸社會Yahoo奇摩(國際通)1,936 次觀看・10 小時前
- 1:14Energy簽唱會「簽到3點」嫂子團來力挺!謝京穎為書偉獻第一次錯愕:沒認出我娛樂星聞5,454 次觀看・11 小時前
- 1:51噁!水塔20年來「假清洗」 住戶集體腹瀉才踢爆TVBS新聞網影音820 次觀看・6 小時前
- 1:57"金祕書"來了! 朴敏英抵台 親切打招呼.比愛心寵粉民視影音3,704 次觀看・8 小時前
熱門必看
- 13:05雪力神分析INF人!精彩到連唐老師都忘了講星座!?Ep.216-3唐綺陽談星室45,137 次觀看・6 天前
- 14:06到京都別只衝伏見稻荷神社 想變美、求戀愛運來這才內行Yahoo創作摩人31,878 次觀看・1 週前
- 11:30【淚之女婿】突變劇情被罵爆... 原來賢祐就是白血球?眼淚是海仁找回記憶關鍵?七大《女王》解析&主演幕後故事Ki笑人生86,419 次觀看・4 天前
- 8:05拿水沖香奈兒!?90萬小廢包沒人帶?! 2024精品新趨勢 永續環保最時尚!!Sherry袁曼軒10,658 次觀看・1 週前
- 7:40花200萬存0056後悔了?4年定期定額0050與0056投報大公開!SHIN LI27,681 次觀看・6 天前