China's Tencent posts strong revenue growth as ad sales and business services shine

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China's Tencent posts strong revenue growth as ad sales and business services shine
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Pro-Palestinian encampment at Dalhousie University - May 13, 2024 | SaltWire #news #halifax #protestHONG KONG - China's Tencent Holdings posted a 6% rise in first-quarter revenue on Tuesday, beating analyst expectations, as business services and advertising sales deliver strong revenue growth. The world's largest video game company and operator of the WeChat messaging platform said revenue reached 159.5 billion yuan for the three months ended March 31. That compared with the 158.

44 billion yuan average of 19 analyst estimates compiled by LSEG.It has been our privilege to have the trust and support of our East Coast communities for the last 200 years. Our SaltWire team is always watching out for the place we call home. Our 100 journalists strive to inform and improve our East Coast communities by delivering impartial, high-impact, local journalism that provokes thought and action.

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