Tencent Q3 revenue climbs 29 percent

Energy Daily

Published

Hong Kong (AFP) Nov 12, 2020

Chinese internet giant Tencent said Thursday its revenue climbed 29 percent in the third quarter of this year, spurred by gaming and advertising as coronavirus lockdowns keep users indoors and online. The Shenzhen-based parent company of WeChat said revenues rose to RMB 125.4 billion ($18.9 billion) year-on-year while net profit increased to RMB 38.5 billion in the third quarter. It hail

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