Tencent's Q1 revenue growth beats estimates as ad sales, business services shine

Tencent's Q1 revenue growth beats estimates as ad sales, business services shine

Tencent logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

China’s Tencent Holdings posted a 6% rise in first-quarter revenue on Tuesday, beating analyst expectations, as business services and advertising sales deliver strong revenue growth.