As gaming sales slump, China's Tencent signals a hot ad trend it's betting on - CNBC
8/17/2022 12:00:00 AM3 years 6 months ago
by Arjun Kharpal
by Arjun Kharpal
Tencent said advertising in its nascent short video platform could become a "substantial" revenue source as other areas of its business face pressure.
Tencent runs the ubiquitous Chinese messaging app WeChat. The company has a short form video feature with in the app and has began to monetize that through video ads in the feed. Tencent said such ad… [+3761 chars]
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