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China’s Tencent posts 11% jump in quarterly revenue — the fastest growth in more than a year

Chinese tech giant Tencent released quarterly results Wednesday.

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Tencent reported an 11% jump in quarterly revenue Wednesday, marking its fastest growth in more than a year, as the company saw a big rebound in payment volumes, ad sales and gaming.

Here’s how Tencent did in the first quarter, versus Refinitiv consensus estimates:

  • Revenue: 150 billion Chinese yuan ($21.4 billion) vs. 146.09 billion yuan expected,…

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