BEIJING (Reuters) -Tencent Holdings, China’s biggest technology company by market capitalization, posted a 13% rise in first-quarter revenue on Wednesday, driven by growth in its gaming business.
Tencent, also the world’s largest video game company and operator of the WeChat messaging platform, reported revenue of 180 billion yuan ($24.97 billion) for the quarter ended March 31.
The results exceeded the 174.6 billion yuan average estimate from analysts polled by LSEG.
($1 = 7.2086 Chinese yuan renminbi)
(Reporting by Liam Mo and Brenda Goh; Editing by Christian Schmollinger)
