Tencent Holdings founder, chairman and chief executive Pony Ma Huateng speaks at the opening ceremony of the fifth World Internet Conference in Wuzhen, Zhejiang province, on November 7. Photo: Reuters Tencent Holdings founder, chairman and chief executive Pony Ma Huateng speaks at the opening ceremony of the fifth World Internet Conference in Wuzhen, Zhejiang province, on November 7. Photo: Reuters
Tencent Holdings founder, chairman and chief executive Pony Ma Huateng speaks at the opening ceremony of the fifth World Internet Conference in Wuzhen, Zhejiang province, on November 7. Photo: Reuters

Tencent seeks new growth in year of transition as consumer businesses mature

  • Tencent capped its roller-coaster year with a quarterly profit that missed analysts’ estimates
  • The internet giant boosted spending on cloud and mobile payments to offset gaming slowdown

Topic |   Tencent
Tencent Holdings founder, chairman and chief executive Pony Ma Huateng speaks at the opening ceremony of the fifth World Internet Conference in Wuzhen, Zhejiang province, on November 7. Photo: Reuters Tencent Holdings founder, chairman and chief executive Pony Ma Huateng speaks at the opening ceremony of the fifth World Internet Conference in Wuzhen, Zhejiang province, on November 7. Photo: Reuters
Tencent Holdings founder, chairman and chief executive Pony Ma Huateng speaks at the opening ceremony of the fifth World Internet Conference in Wuzhen, Zhejiang province, on November 7. Photo: Reuters
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