Signage for Tencent Holdings atop an entrance to an workplace constructing in Shanghai final month. … [+] Photographer: Qilai Shen/Bloomberg

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China Web heavyweight Tencent mentioned on Wednesday web revenue fell by greater than half within the first three months of the 12 months and income was flat as a surge of Covid within the nation hit particular person and companies customers.

Tencent Profit Plunges 51% Amid China Covid Surge, Revenue Flat News07trends comes via ChinaTechNews.com.