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  • Tencent: SNS Games Will Generate Less Revenue for Q-zone 0 comments
    Aug 13, 2010 1:27 AM | about stocks: NTES, SINA, SOHU, SNDA

    Liu Chiping, President of Tencent, said in company's Q2 earning conference that SNS games would bring less revenue for Q-zone  in the future than before.

    "SNS games will bring less active users of Q-zone in the future, as a result the revenue it brought would decrease.” Liu told the analyst.

    As for the less contribution from SNS games for Q-zone revenue, Liu further explained in his interview with analyst from Goldman Sachs.

    He mentioned that the key factor for revenue growth is the rising active number of the Q-zone users, they have not started large scale marketing of equipment in SNS games for uncertain reasons like the circles of games and transition between new and old users.

    Disclosure: no position
    Stocks: NTES, SINA, SOHU, SNDA
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