Tencent, the $370 billion Chinese tech giant, posts first ever revenue decline - CNBC


8/17/2022 12:00:00 AM2 years 8 months ago
by Arjun Kharpal

Tencent posted its first ever quarterly year-on-year revenue decline as stricter regulations around gaming in China and a resurgence of Covid hit the tech giant.

Tencent posted its first ever quarterly year-on-year revenue decline as stricter regulations around gaming in China and a resurgence of Covid-19 in the world's second-largest economy hit the technolo… [+5051 chars]

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