Tencent to Ramp Up Investment on Back of Strong Q1 Performance

May 21, 2021

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*The Shenzhen-headquartered firm reported 135.3 billion yuan ($20.6 billion) in total revenues for the three months ended March. (Source: HK01)*

Tencent Holdings on Thursday reported a 25% gain in first quarter revenue from a year earlier, as the Chinese tech giant pledged to further ramp up investment across various areas.

The Shenzhen-headquartered compa…

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