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Data Sheet-How Tencent Profits From Fortnite Mania

5 monthes ago   |   By Fortune

Are you paying attention to Tencent? You should.
The Chinese gaming, messaging, and other digital services company isn't exactly new. Public in Hong Kong for 14 years, it is worth half a trillion dollars-no typo. Yet because Westerners typically don't use its WeChat service to play games, chat by voice or text, or make payments, Tencent is relatively unknown by consumers outside China.
Businesses, particularly in gaming, know all about Tencent. It has been a voracious investor around the world, as The Wall Street Journal summarized Wednesday. One investment looks particularly shrewd...
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