Tencent revenue growth drops as Beijing gaming crackdown takes hold
Tencent has defended a slowdown in revenue growth in its first financial results following Beijing’s crackdown on games aimed at children. Revenues grew 13 per cent in the three months to September 30 to Rmb142.4bn ($22bn) from the Rmb125.4bn reported in the same period a year earlier. But the sales missed the average forecast of…
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