Tencent set for fastest growth since 2018 after virus outbreak

Nigeria News News

Tencent set for fastest growth since 2018 after virus outbreak
Nigeria Latest News,Nigeria Headlines
  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Tencent set for fastest growth since 2018 after coronavirus outbreak

Call of Duty MobileInvestors also hope many of the first-time users that gravitated toward Tencent's games will remain once the pandemic subsides.

Tencent owed its gains to people like Huang Sihao who, for almost a month, was glued to his smartphone before going back to work. For as long as seven hours a day, the 28-year-old Shanghai resident hacked and slashed through the virtual battle arena of- until the game's anti-addiction system eventually booted him."I had nothing better to do," he said.

The pandemic may have also boosted Tencent's nascent cloud division, which is closing the gap with Alibaba in terms of revenue. Tencent's two collaborative office apps - Tencent Conference and WeChat Work - rank among the most downloaded free apps on Apple's iOS Store in China, closely trailing Alibaba's DingTalk.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessTimes /  🏆 15. in SG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Royal Caribbean suspends global operations after virus outbreakRoyal Caribbean suspends global operations after virus outbreakRoyal Caribbean Cruises Ltd said on Saturday it has suspended the voyages of its fleet globally from midnight tonight following the coronavirus ...
Read more »

Singapore Airlines offers fee waivers, flexible rebooking amid virus outbreakSingapore Airlines offers fee waivers, flexible rebooking amid virus outbreakWITH immediate effect, Singapore Airlines (SIA) is waiving all rebooking fees for tickets issued on or before March 15, 2020 for travel up to May 31, 2020, the flag carrier said late on Sunday night. Read more at The Business Times.
Read more »

Corona absence? French voters set to shun local elections amid virus fearsCorona absence? French voters set to shun local elections amid virus fearsFrance heads to the polls on Sunday for local elections, but the rapid acceleration of the coronavirus across the country has led to officials ...
Read more »

Apple, some US retailers close stores to contain virusApple, some US retailers close stores to contain virusApple Inc said it is closing all its retail stores, except those in Greater China, for the next two weeks to minimize the risk of coronavirus ...
Read more »

Manila enters lockdown for a month as Duterte mulls curfew on virusManila enters lockdown for a month as Duterte mulls curfew on virusMANILA (BLOOMBERG) - Metro Manila, a region of 12 million people, entered a month-long lockdown on Sunday (March 15) as Philippine President Rodrigo Duterte considers a plan to impose a curfew on the area to try and contain the coronavirus outbreak.. Read more at straitstimes.com.
Read more »



Render Time: 2025-08-27 15:19:38