Tencent misses with Q2 revenue down 3% YoY to ~$19.78B, its first-ever quarterly decline, due to China's COVID-19 lockdowns and strict gaming regulations (Arjun Kharpal/CNBC)
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Arjun Kharpal / CNBC:
Tencent misses with Q2 revenue down 3% YoY to ~$19.78B, its first-ever quarterly decline, due to China’s COVID-19 lockdowns and strict gaming regulations — – Tencent posted its first ever quarterly year-on-year revenue decline as stricter regulations around gaming in China and a resurgence …
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