March 21, 2019 / 10:18 AM / 3 months ago

Tencent says non-gaming business revenue contribution to rise

A Tencent sign is seen during the China Digital Entertainment Expo and Conference (ChinaJoy) in Shanghai, China August 3, 2018. REUTERS/Aly Song/File Photo

HONG KONG (Reuters) - Tencent Holdings, Asia’s second-most valuable listed firm, said on Thursday its revenue mix will diversify further, with the contribution from the company’s non-gaming business increasing.

Tencent President Martin Lau, who made the comments on the revenue mix, was speaking after the firm reported a sharper-than-expected 32 percent fall in fourth-quarter profit, the most on record for a quarter.

Reporting By Sijia Jiang; Editing by Muralikumar Anantharaman

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