Chinese tech giant Tencent posts 13% revenue jump as growth at key gaming unit surges
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Tencent reported a 13% year-on-year revenue increase in Q1 2025, driven by growth in its gaming business. Revenue reached 180.02 billion yuan ($25 billion), surpassing expectations of 174.63 billion yuan. However, net profit fell short of estimates, coming in at 47.8 billion yuan compared to the expected 52.2 billion yuan, despite a 14% increase in net profit.
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