Aug 18, 2022 05:35 PM (GMT+8) · EqualOcean
Tencent (00700:HK) released its financial results for Q2 2022. The financial report shows that Tencent invested CNY 15.01 billion ( USD 2.2 billion) in R&D in the second quarter, up 17% year-on-year. Since 2019, Tencent has invested a cumulative total of more than CNY 151.6 billion in R&D. As of June 30, 2022, the total number of Tencent's patent applications disclosed in major countries and regions around the world exceeded 57,000, and the number of patents granted exceeded 27,000, of which invention patents accounted for more than 90%.