(MENAFN) Tech giant Tencent has posted that its revenue and profit growth in 2016 were increased on the back of strong expansion of online gaming and social networking business.
The Chinese Company stated that total revenues have hit 151.94 billion yuan in the previous year, rose by 48% compared with 2015.
In 2016, Tencent announced that it has accomplished a significant progress in a number of strategic initiatives to extra reinforce its leadership and boost competitiveness.
Never the less, Tencent said value-added services have sustained a main revenue contributor.
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