AICNBC Techabout 2 hours ago
Tencent revenue beats on gaming, AI ads
1 min read
Tencent beat second-quarter revenue estimates on faster domestic gaming and AI-driven ads, but profit missed. Domestic games revenue rose 17% to 47.3 billion yuan. Capital expenditure jumped 65% to 52.8 billion yuan. Stock fell 26% year-to-date.
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