Asia,  TC

Tencent’s Mobile Gaming Growth Slows, But Online Advertising Beats Expectations

tencent Tencent’s second-quarter earnings result was a mixed bag. On one hand, sales at its core smartphone games business slowed down. On the other hand, the Chinese Internet giant’s online advertising revenue soared as it sold more video spots and ads in WeChat. Tencent also announced that WeChat, the country’s most popular messaging app, now has more than 600 million users. Read More

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