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Tencent’s Profit Jumps 47% on Videogame Growth in China

The Information · Juro Osawa · last updated

Chinese tech giant Tencent said its net profit rose 47% in the third quarter, as its videogame business in China recorded solid growth.

Tencent’s total revenue in the quarter rose 8% year on year. Revenue from the videogame business in China rose 14% in the quarter, compared to a 9% …

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