Tencent suffers first ever drop in quarterly revenue - CNN


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

China's Tencent reported on Wednesday its first ever quarterly sales fall, hurt by a lack of game approvals and regulations that limit playing time, as well as Covid-19 lockdowns and a weak economy that squeezed ad sales.

Chinas Tencent reported on Wednesday its first ever quarterly sales fall, hurt by a lack of game approvals and regulations that limit playing time, as well as Covid-19 lockdowns and a weak economy th… [+2510 chars]

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