Tencent

In an interview with Guangming Daily today, Tang Daosheng, president of Tencent's Cloud and Smart Industry Business Group, revealed that Tencent will invest 500 billion yuan in the next five years for the further layout of new infrastructure.

Many gaming companies have already announced their respective earnings figures for 2019 externally, and today, a fellow netizen on the ResetEra forum rounded up the data of several game majors that have already announced their earnings so far.

Pony Ma, a delegate to the National People's Congress of China and Chairman of the Board and CEO of Tencent, will be absent from this year's "two sessions" for medical reasons, according to the Southern Metropolis News.

In April, Tencent PUBG Mobile's global revenue exceeded US$225 million, up 241% from the same month last year, and ranked as the top-selling mobile game in the world, according to Sensor Tower data.

Tencent Holdings' net profit for the first quarter was 29.4 billion yuan, compared with 27.856 billion yuan a year earlier, up 6 percent.

Tencent Holdings said on Friday that it had bought a 5% stake in Australian payments technology company Afterpay Ltd.

ByteDance's game business will recruit more than 1,000 people in 2020 to meet the research and development needs of multiple game product lines, head of the company's game business Yan Shou said today. 

Tencent Games announced today that it plans to hold the "Tencent Games Annual Press Conference" in June this year, when it will release the new Tencent Games 2020 new expansion "Spark More".

Tencent's "PUBG Mobile" overseas revenue in March exceeded $91 million, an increase of 66.8% month-on-month, and an increase of 33.6% year-on-year, hitting a record high.

On April 9, Tencent Cloud announced the establishment of "Star Lake Lab", the first hardware engineering lab in Tencent's history to increase investment in technology.