Wednesday, November 13, 2024
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Tencent Q3 2024 earnings – Economy Junction


Chinese tech firm Tencent is a gaming large and the mum or dad firm of WeChat, the ever-present social messaging app in China.

Cheng Xin | Getty Images News | Getty Images

Chinese social media and gaming firm Tencent on Wednesday reported better-than-expected revenue within the third quarter, spurred by progress in video games, promoting and cloud providers.

Tencent reported revenue attributable to shareholders of 53.23 billion yuan ($7.37 billion) within the third quarter, in contrast with a LSEG estimate of 46.18 billion yuan over the interval.

The firm’s income got here in at 167.19 billion yuan, in need of the 167.82 billion yuan analyst forecast.

This breaking information story is being up to date.



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