Tencent's Financial Performance in Q2 2023
Tencent Holdings, China's leading technology conglomerate, has reported a significant rise in both profit and revenue for the second quarter of 2023, largely attributed to strong performance in its gaming unit. Net income soared by 19.3% to 47.6 billion yuan, surpassing analysts' expectations of 39.9 billion yuan. This impressive growth marks a rebound for Tencent's gaming division, which had experienced a slowdown in previous quarters.
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