Tencent's Q1 revenue jumps 26% as lockdowns spur video game spending

Tencent's Q1 revenue jumps 26% as lockdowns spur video game spending

Photo: REUTERS/Jason Lee/File Photo

High demand for video games during COVID-19 lockdowns buoyed Tencent Holdings’ first-quarter revenue and profits, with blockbuster games PlayerUnknown’s Battlegrounds Mobile and Honor of Kings helping it beats forecasts.