But the gaming and social media giant warns that the spike in demand will be temporary
A Tencent sign is seen in Jiaxing, Zhejiang province, China. Picture: REUTERS
Its flagship games PlayerUnknown's Battlegrounds Mobile and Honor of Kings topped mobile games revenue globally in March, analytics firm Sensor Tower said, reinforcing Tencent's status as the world's largest gaming firm by sales. “We expect in-game consumption activities to largely normalise as people return to work, and we see some headwinds for the online advertising industry,” it said.Global spending on digital games surged to $10bn in March, the highest monthly total ever, according to Nielsen's game data arm SuperData.
“The pandemic expedited the digitalisation of people's way of life. ... Tencent is very mature in the monetisation of its current products,” said Liu.
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