![Tencent's profit did not meet estimates as earnings slipped over lower in-game purchases and increasing competition. Reuters](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/CRVS6R7QOOGOSI6DP4GRRBH35Q.jpg?smart=true&auth=ef43dc05997afb8e916454fce21453d6471c742fde93eeb194d31094f0d9467f&width=400&height=225)
Tencent's profit did not meet estimates as earnings slipped over lower in-game purchases and increasing competition. Reuters
Tencent's profit did not meet estimates as earnings slipped over lower in-game purchases and increasing competition. ReutersTencent’s profit misses analysts' estimates even as it nets more gamers
The company picked up millions of new gamers during the coronavirus pandemic, but in-game purchases for marquee titles have slowed