A cyclist wearing a protective mask rides past the Tencent Holdings logo at the company’s headquarters in Shenzhen on March 20. Photo: Bloomberg
A cyclist wearing a protective mask rides past the Tencent Holdings logo at the company’s headquarters in Shenzhen on March 20. Photo: Bloomberg
Tencent

Tencent posts 175 per cent rise in fourth-quarter profit, as it faces tighter scrutiny from Chinese regulators and seeks new growth opportunities

  • Tencent’s fourth-quarter profit beat estimates by 80 per cent, reaching US$9.1 billion
  • The tech giant’s continued growth faces increasing challenges in its home market, where regulatory scrutiny is hitting its gaming and financial services empire

A cyclist wearing a protective mask rides past the Tencent Holdings logo at the company’s headquarters in Shenzhen on March 20. Photo: Bloomberg
A cyclist wearing a protective mask rides past the Tencent Holdings logo at the company’s headquarters in Shenzhen on March 20. Photo: Bloomberg
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