Tencent Holdings CEO and co-founder Poni Ma said the company’s video game business faces major challenges from competitors. But it is being worked on in transition through artificial intelligence. News Reuters.
While speaking at Tencent’s annual meeting at a stadium in Shenzhen on Monday, Pony Ma said that while competitors are releasing new games, Tencent is moving slowly, keeping an eye on their reputation.
Note that more than 30 percent of Tencent’s revenue comes from video games.
Chinese media outlet Zimian published excerpts of Pony Ma’s speech online. A person familiar with the matter has confirmed the matter. He was not named as he was not authorized to speak to the media.
Tencent is the world’s largest gaming company and the owner of WeChat, China’s largest social network.
