Tencent Holdings‘ WeChat Pay can now be used by mainland Chinese tourists in the Maldives, as the expanded coverage of the firm’s popular digital wallet rides on the recovery of China’s outbound travel. The Chinese tech giant on Monday signed a three-year deal with the tourism authorities of the Republic of Maldives to jointly promote […]
(Bloomberg) — Tencent Holdings Ltd.’s revenue and earnings beat estimates after its TikTok-style video platform gained traction against ByteDance Ltd. and drove growth despite a faltering Chinese economic recovery. Most Read from Bloomberg Revenue for the three months ended March rose 6% to 159.5 billion yuan ($22 billion), compared with the 158.8 billion yuan average […]
(Bloomberg) — Tencent Holdings Ltd.’s revenue and earnings beat estimates after its TikTok-style video platform gained traction against ByteDance Ltd. and drove growth despite a faltering Chinese economic recovery. Most Read from Bloomberg Revenue for the three months ended March rose 6% to 159.5 billion yuan ($22 billion), compared with the 158.8 billion yuan average […]