It seems like we're continuing very strong momentum as you mentioned. I think each one of these services, right, we have always try to bring some innovations as well as additional value proposition for our users.
One is in terms of monetization, there is actually -- there are a little monetization at that time with Tencent Meeting and WeChat Work. Sequentially, smartphone games revenue increased 7% as consolidation of Supercell offset soft seasonality in China.The PC client games revenue decreased 7% year-on-year and fell 10% quarter-on-quarter to RMB10.4 billion.
And what are the drivers to propel us into 2020? And we enhanced our enterprise software-as-a-service offerings via our first-party products, notably Tencent Meeting and WeChat Work, as well as partnerships with third-party software providers.And I'll now pass to John to discuss the financial metrics.Thank you, James.
Fourth quarter year-on-year and quarter-on-quarter increases primarily reflected lower content cost for video advertising as well as revenue mix shift from media advertising to higher margin social and others advertising.Gross margins for FinTech our Business Services was 28.1%, up 3.6 percentage points year-on-year, or 0.4 percentage points quarter-on-quarter. And we believe that we will strongly outperform the market.In terms of Weishi and short video, I would say, if you look at Tencent's history, there have been a few products that we came from behind and then we actually became the absolute industry leader. [Operator Instructions]I would now like to hand the conference over to your speaker host today, Miss Jane Yip. The year-on-year increase was mainly driven by revenue mix shift from social payments to higher margin commercial payments, benefiting from increased loyalty users, who were more willing to retain funds in our ecosystems and increasingly utilizing more FinTech services, such as wealth management and micro loan services on our platform. For the full-year 2019 operating profit was RMB114.6 billion, up 24%. Once again we apologize for the disruptions caused by the system technical problems for tonight, and we hope everybody stays healthy. Successful retailers have seen their sales through Mini Programs increasing by tenfold and some even more. So when the risk is actually reduced, then again there are some savings that we can actually create and that can be shared with the users, as well as with our partners. Please go ahead.Hi, good evening management. Users are increasing their time spent on a whole range of digital content services, including our online games, video and reading services.
And I think every now and then, you would see this kind of news.
So we just want to understand, so what kind of support you can provide to these companies, for example, traffic or technology support to [Technical Issues] to understand the dynamics of the entertainment-related services such as live streaming, music, literature and long or short video services, and how shall we think about COVID-19's impact and how has that reshaped our users long-term behavior? [Technical Issues] Hey guys. In media, music subscription growth accelerated, benefiting from the pay-for-streaming model.
And I would say, we also have a very strong presence in social network, and that has a strong synergy with our game business because games are by nature especially, online games, mobile online games by nature social networks. For Internet users, our free online courses and rich digital content enriched their leisure time at home. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed.
Net finance costs were RMB2.8 billion, up 102% year-on-year or 58% quarter-on-quarter.
For Smart Industries, increased adoption by consumers and enterprises led to growth in users and traffic to our WeChat Work, Tencent Meeting, Tencent Health and Tencent Education services.For Mini Programs as an easy-to-deploy digitization tool, it is used by many merchants and institutions to move their services online rapidly. Now what we discover as an additional important and pretty unique feature of our WeChat Work in addition to just being an internal collaboration tool is that with integration to Weixin, it actually allows a lot of the companies not only to engage in internal communication, but also it can become a good CRM tool for them to engage with the consumers over WeChat. Personal Finance Perhaps, we can take the next question.Thank you. I'm Jane Yip from the IR team of Tencent.Before we start the presentation, we would like to remind you that it includes forward-looking statements, which are underlined by a number of risks and uncertainties and may not be realized in the future for various reasons. See you at the top! While we generated relatively low advertising revenue around NBA basketball games in the fourth quarter, our video and news advertising revenue each increased quarter-on-quarter.Looking at FinTech and Business Services revenue was RMB29.9 billion in the fourth quarter, up 39% year-on-year and up 12% quarter-on-quarter. Retirement If you don't have to travel two hours to attend one-hour of class meeting maybe right, that's a better and more efficient way of doing.
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