Tencent Profit Rises Despite Headwinds

Tencent posted a 32% rise in second-quarter profit, as China's largest Internet company by market capitalization defied economic headwinds.

Wall Street Journal
Aug 15, 2012

BEIJING—Tencent Holdings Ltd. defied the headwinds of a slowing Chinese economy, as the nation's largest Internet company by market capitalization posted a 32% rise in second-quarter net profit amid strong growth in advertising and revenue.

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