Internet giant Tencent has been seen as one of the beneficiaries of the coronavirus outbreak in China. Photo: Reuters
Internet giant Tencent has been seen as one of the beneficiaries of the coronavirus outbreak in China. Photo: Reuters
Tencent

Tencent misses estimates with 52 per cent rise in fourth-quarter profit and warns on virus impact

  • China’s biggest social media and gaming company misses fourth quarter estimates amid delays to cloud projects
  • It warns there will be an impact from coronavirus pandemic due to closed restaurants and economic slowdown

Internet giant Tencent has been seen as one of the beneficiaries of the coronavirus outbreak in China. Photo: Reuters
Internet giant Tencent has been seen as one of the beneficiaries of the coronavirus outbreak in China. Photo: Reuters
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