
Tencent: Social network revenue for the year 2024 increased by 2% year-on-year
Jin10 Data reported on March 19 that Tencent Holdings (00700.HK) announced that its social network revenue for the fiscal year 2024 increased by 2% year-on-year to RMB 121.5 billion, benefiting from the growth in revenue from music and long video subscription services, as well as the increase in sales of virtual items in mobile games and service fees from mini-game platforms, partially offset by a decline in revenue from music live streaming and game live streaming services
