Tencent's quarterly results fall short on weak China consumption

Tech giant anticipates e-commerce boost through its WeChat ecosystem

20241113 tencent

Tencent's revenue rose 8% on the year in the third quarter, missing the average forecast from analysts. © Reuters

CISSY ZHOU, Nikkei staff writer

HONG KONG -- China's most valuable company, Tencent Holdings, posted a slightly worse-than-expected quarterly result on Wednesday as domestic consumption remains weak.

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