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Tencent International Game Revenue Increases
For fiscal year 2022 ending 12/31/22, Tencent saw revenue from games decline 2% to RMB 171 billion (about $25.9 billion). This was a 2% decline from 2021 when game revenue was RMB 174 billion. However, international game revenue was up 3% to RMB 46.9 billion (about $7.1 billion). Domestic game revenue for 2022 declined 3.7%. to RMB 124 billion. The decline was in mobile game revenue (including social network mobile games) which decreased 2.6% to RMB 161 billion (a…..
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