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392 Tencent’s Profit Jumps as Videogame Business in China Recovers

The Information
Juro Osawa @ The Information 1 place · 08/14/2024 09:34 EDT

Chinese tech giant Tencent’s net profit jumped 82% in the second quarter, thanks to growing advertising sales and a recovery in its videogame business in China. Tencent, which operates WeChat, said its revenue rose 8% in the quarter. Revenue from advertising rose 19%, driven mainly by ...

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