Tencent revenue growth slows with crackdowns on gaming and tutors

Founder Pony Ma says he 'actively embraces' new regulatory environment

20211110 Tencent

Tencent hopes a new mobile version of its successful “League of Legends” franchise boosts revenues in the fourth quarter. © Reuters

CISSY ZHOU, Nikkei staff writer

HONG KONG -- Tencent Holdings reported its slowest revenue growth as a public company as Chinese regulatory pressures took a toll on both gaming and advertising revenues.

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