Thursday Mar 23, 2023

$370 Billion Chinese Technology Giant Tencent Posts First Ever Revenue Decline In History

The advent of stricter regulations around gaming and resurgence of COVID-19 have resulted into slow growth for Chinese technology companies. After Alibaba another Chinese firm Tencent has posted its first ever quarterly year on year revenue decline. Tencent posted quarterly revenue of $19.7 billion and it’s a 3% fall when compared to same period last […]

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