Tencent Q4 2019 Earnings, A Gigantic Success

Tencent Q4 2019 Earnings, A Gigantic Success

After disclosing that PUBG Mobile had just hit the mark of 600 million downloads in two years, Tencent now decides to share the turnover of its online games for the fourth quarter that ended last December.

So we learn that Tencent’s online gaming revenue has increased 25% this year, hitting $4.2 billion. Obviously, this increase in revenue is due to the success of numerous mobile titles such as PUBG MobileCall of Duty: Mobile, or Teamfight Tactics. Thanks to these massive hits, the Chinese company has also doubled the revenues of its international games in one year. In fact,  overseas revenues (outside of China) represent 23% of Tencent’s overall online gaming revenues in the fourth quarter of 2019.

The Chinese company also claims that the efforts made in terms of eSports have been rewarded. According to Tencent, five of the ten most popular mobile games internationally have been developed by their company.

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