Tencent Posts Solid Earnings, But China’s Game Freeze Clouds Future

Amadeo15 Nov, 2018News

BEIJING—Fueled by promotion sales and investment gains, Tencent Holdings Ltd.’s third-quarter distinction jumped 30% notwithstanding a regulatory chokehold on videogames, a company’s biggest business. Shenzhen-based Tencent, that also operates China’s widespread WeChat amicable network, on Wednesday posted net income of 23.3 billion yuan ($3.39 billion) for a 3 months finished Sept. 30, violence researcher expectations.