🚀Tentent surprised the market: revenues are growing, but not as fast as expected!🤔 In the 2nd quarter, the company's net income grew by 41% year-on-year, but revenue amounted to 149.21 billion yuan ($20.46 billion), falling short of expectations analysts (152 billion yuan).
✂️Nevertheless, Tencent successfully reduces costs by exiting unprofitable businesses and saving on marketing.
🌐The company faces regulatory challenges and a slowing economy in China, but continues to diversify its offerings.
💬What do you think about this? Share your opinion in the comments!