Bloomberg Technology
Tencent Warns of More China Curbs After Growth Sputters
Aug.18 — Tencent Holding Ltd.’s revenue increased at its slowest pace since 2019 after China’s expanding tech crackdown hit its mobile gaming empire. And the company, which also operates social media platform WeChat, warned investors to brace for more regulatory curbs. Stephen Engle reports on “Bloomberg Daybreak: Australia.”
Godspeedmax
August 19, 2021 at 12:39 am
China wants to make sure what has happened in the US doesn’t happens there. They don’t want companies being more powerful than the govt. especially not partisan corporate virtue signaling