China Tech Giant Tencent’s Revenue Disappoints Amid Weak Game Sales
by YourTech Story YourTechStory is all about stories of products, teAs a struggling economy hampered Tencent Holdings’ recuperation from the year’s record-breaking fall, revenue growth was lower than anticipated in the second quarter. Tencent Holdings is a Chinese social networking and gaming behemoth.
The expansion of Tencent’s primary gaming division was less robust than anticipated in the January through June period. With fluctuations in currencies removed, domestic gaming income remained stable at 31.8 billion yuan whereas overseas revenue from gaming increased 12 per cent to 12.7 billion yuan.
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Created on Aug 22nd 2023 03:50. Viewed 72 times.
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