This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Tencent Posts First Revenue Drop Since 2004 IPO
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Tech > Tencent Posts First Revenue Drop Since 2004 IPO
Tech

Tencent Posts First Revenue Drop Since 2004 IPO

Editorial Board Published August 17, 2022
Share
Tencent Posts First Revenue Drop Since 2004 IPO
SHARE

SINGAPORE—Tencent Holdings nearly two-decade growth streak came to an end after the Chinese social-media and videogame giant posted its first quarterly revenue decline since it went public in 2004.

Tencent’s April-June revenue dropped 3% from a year earlier to the equivalent of $20 billion, the company said Wednesday, as China’s slowing economy further dented its online-advertising revenue, while its videogame business continued to struggle from tighter regulations and weaker user spending.

TAGGED:Tech NewsWall Street Publication
Share This Article
Twitter Email Copy Link Print
Previous Article Amazon Tests TikTok-Like Feed in App Amazon Tests TikTok-Like Feed in App
Next Article Dodge Pitches Muscle-Car Fans on EVs Dodge Pitches Muscle-Car Fans on EVs

Editor's Pick

Trump admin slams China’s ‘world energy seize’ on uncommon earths, threatens triple-digit tariffs

Trump admin slams China’s ‘world energy seize’ on uncommon earths, threatens triple-digit tariffs

Each Treasury Secretary Scott Bessent and U.S. Commerce Consultant Jamieson Greer slammed China on Wednesday, Oct. 15, 2025, for what…

By Editorial Board 4 Min Read
Christine Brown Reacts to Paedon Shifting: I Really feel Like a Unhealthy Mother!
Christine Brown Reacts to Paedon Shifting: I Really feel Like a Unhealthy Mother!

Studying Time: 3 minutes Christine Brown is deep in her emotions. Paedon…

5 Min Read
Flight Membership-owner Purple Engine scores with new funding package deal | Cash Information
Flight Membership-owner Purple Engine scores with new funding package deal | Cash Information

The leisure venue operator behind Flight Membership darts and Electrical Shuffleboard will…

2 Min Read

Oponion

NPR: ‘Seinfeld’ too White to connect with young Netflix viewers

NPR: ‘Seinfeld’ too White to connect with young Netflix viewers

A National Public Radio analysis is predicting the hit 1990s…

October 4, 2021

Elon Musk Says Twitter to Launch ‘Verified’ Service Next Week

TechThe social-media platform will manually authenticate…

November 25, 2022

4 Finest Tattoo Elimination Lotions and The way it Works in 2025 | Fashion

We independently consider all advisable services.…

February 22, 2025

State bar takes goal at fashionable Bay Space lawyer identified for talking out

SACRAMENTO — The State Bar has…

May 8, 2025

Nice Hill lady jumped to her demise from kidnapper’s automotive in determined escape try, police say

LIVERMORE — Her identify was Sara…

October 9, 2025

You Might Also Like

These Skullcandy Earbuds Are Discounted As much as Almost  Off
Tech

These Skullcandy Earbuds Are Discounted As much as Almost $50 Off

Skullcandy has cracked the code on considered one of my most-requested options for wi-fi earbuds. Not like virtually each different…

3 Min Read
Steelseries’ Arctis Nova Elite Are the Highest-Finish Gaming Headset Proper Now
Tech

Steelseries’ Arctis Nova Elite Are the Highest-Finish Gaming Headset Proper Now

The bottom station has one other neat trick; it could possibly cost and home a second battery. I received nearly…

4 Min Read
Scenes From Saturday’s Nationwide ‘No Kings’ Protests
Tech

Scenes From Saturday’s Nationwide ‘No Kings’ Protests

On Saturday, crowds gathered in cities throughout the US to protest President Donald Trump and his administration. Organizers of the…

2 Min Read
Gemini in Google House Retains Mistaking My Canine for a Cat
Tech

Gemini in Google House Retains Mistaking My Canine for a Cat

A cat jumped up on my sofa. Wait a minute. I haven't got a cat.The alert concerning the leaping feline…

5 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?