China's Tencent first-quarter revenue rise 13%, exceeds estimates

BEIJING (Reuters) -Tencent Holdings, China's biggest exertion institution by marketplace capitalization, posted a 13% emergence successful first-quarter gross connected Wednesday, driven by maturation successful its gaming business.

Tencent, besides the world's largest video crippled institution and relation of the WeChat messaging platform, reported gross of 180 cardinal yuan ($24.97 billion) for the 4th ended March 31.

The results exceeded the 174.6 cardinal yuan mean estimation from analysts polled by LSEG.

($1 = 7.2086 Chinese yuan renminbi)

(Reporting by Liam Mo and Brenda Goh; Editing by Christian Schmollinger)