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Tencent posts $21.9 billion in annual revenue, its highest growth since 2012

 Tencent may be more than a decade old but the Chinese internet giant continues to grow at pace after it posted its most significant jump in annual revenue for four years. The firm, best known for China’s dominant messaging app WeChat, announced total revenue of RMB 151.9 billion ($21.9 billion) for its fiscal 2016. That’s up 48 percent year, its biggest leap since 2012, when… Read More
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Author: Jon Russell

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