Tencent warns of slower growth in Chinese video ad sales

As streaming market matures, internet group touts pivot to industrial services

20190521 CHINA-SCIENCE/

Social media and entertainment group Tencent says China's video streaming market is maturing, with ad revenue growth set to decline. © Reuters

COCO LIU and YUSUKE HINATA, Nikkei staff writers

KUNMING, China -- Video advertising sales in China are expected to slow sharply in 2019, as the country's video market nears its peak, domestic social media and entertainment group Tencent Holdings says.

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