Chinese internet powerhouse Tencent Holdings is looking to ramp up its cloud and payments businesses after reporting a lower-than-expected quarterly profit for the three months to September 30 as spending on content and marketing increased ahead of its 18th year anniversary.
Headquartered in Shenzhen, Tencent is one of China's and the world's largest internet services companies, with interests in media, entertainment, web and mobile communications, advertising, e-commerce and internet banking.
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