Tencent Posts 11% Q2 Revenue Growth, Profit Misses Estimates

Tencent reported Q2 revenue of 204.8 billion yuan ($30.36B), in line with analyst estimates, but profit missed expectations, per ET Tech. For builders: gaming and internet revenue is slowing—profitability-focused product strategies and cost-per-acquisition discipline are replacing growth-at-all-costs narratives.

Source: ET Tech ↗