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Tencent reports Q1 revenue up 9% YoY to ~28.9B, below ~29.4B est., and net income of ~$8.5B, meeting est., amid a costly AI pivot; its stock is down 23% YTD (Bloomberg)
Bloomberg: Tencent reports Q1 revenue up 9% YoY to ~28.9B, below ~29.4B est., and net income of ~$8.5B, meeting est., amid a costly AI pivot; its stock is down 23% YTD — Tencent Holdings Ltd. reported
Bloomberg: Tencent reports Q1 revenue up 9% YoY to ~28.9B, below ~29.4B est., and net income of ~$8.5B, meeting est., amid a costly AI pivot; its stock is down 23% YTD — Tencent Holdings Ltd. reported its slowest revenue growth in six quarters, underscoring the urgency around its costly AI pivot …
Source: Techmeme | 2026-05-13