Tencent Q1 profit rises 65per cent as online gaming revenue

Tencent Q1 profit rises 65per cent as online gaming revenue climbs


Tencent Q1 profit rises 65per cent as online gaming revenue climbs
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Tencent Q1 profit rises 65per cent as online gaming revenue climbs
HONG KONG :Chinese gaming and social media giant Tencent Holdings Ltd reported a forecast-beating 65per cent rise in quarterly profit on Thursday, while management reiterated the company's focus on compliance as China steps up scrutiny on tech giants.
FILE PHOTO: A Tencent sign is seen at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, October 20, 2019. REUTERS/Aly Song
20 May 2021 10:15PM
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HONG KONG -Chinese gaming and social media giant Tencent Holdings Ltd reported a forecast-beating 65per cent rise in quarterly profit on Thursday, while management reiterated the company's focus on compliance as China steps up scrutiny on tech giants.

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