Tencent Holdings experienced a 10% increase in third-quarter revenue due to a spike in its online advertising sales of its gaming.
This increase demonstrates the company’s continuous expansion and dominance in the digital industry, mainly due to incorporating innovative technologies and services across its platforms.
Tencent’s online advertising segment experienced a 20% increase in revenues. One of the key support was a rise in business investing in digital marketing and shifting towards targeted advertising practices.
This has also encouraged users to use more online games while the business is on the verge of expansion in the sector.
Read More: Tencent’s revenue boosted by gaming
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