games and value-added services
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jan 2, 2019 by Connie Chan · across every show →
Everything said about games and value-added services, oldest first
Jan 2, 2019 neutral
Chan: Tencent earns 80% of revenue from gaming, not advertising
“I read a lot of articles that talk about Tencent, and they say that advertising is their main business model but people don't realize if you just look at their financial statements, advertising is less than 10% of their revenues, and 80% of their revenues are …”