Gaming Surge, Fintech Slump: Tencents Uneven Q3 Performance

Tencent Holdings, China’s tech behemoth, released its third-quarter results for 2024 on November 13. The company’s performance reflected the broader economic challenges facing China. Tencent reported revenue of 167.19 billion yuan ($23.1 billion), an 8% year-on-year increase. This figure fell slightly short of analysts’ expectations of 167.82 billion yuan. Despite the revenue miss, Tencent’s net […]

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