Chinese tech giant Tencent posts 8% revenue growth in Q3
Chinese tech giant Tencent on Wednesday posted an eight percent year-on-year expansion in third-quarter revenue, driven by what it called "robust" growth in its gaming business. Chinese tech giant Tencent posts 8% revenue growth in Q3 The Shenzhen-based firm is one of the top players in China's expansive technology sector, operating the WeChat "super-app" with other offerings across gaming, content streaming and cloud services. Tencent recorded revenue of 167.2 billion yuan during the three months ending on September 30, up eight percent from the same period last year, a filing at the Hong Kong Stock Exchange showed. Tencent among the world's top game providers has recently sought to build its presence in the promising field of artificial intelligence, like other major Chinese tech firms such as Baidu, Huawei, Alibaba and ByteDance.
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