Tencent revenue growth slows to 13% in Q3, profit up 3%

Wednesday 10 November 2021 | 15:50 CET | News
Tencent saw its revenue growth for the third quarter slow to 13 percent on an annual basis, to total sales of CNY 142.4 billion, as the company dealt with increased regulation on the Chinese internet market. Adjusted EBITDA rose just 3 percent to CNY 49.3 billion, and the net profit advanced 3 percent to CNY 39.5 billion.

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Categories: Internet / Mobile & Wireless
Companies: Tencent
Countries: China / World
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