4min chapter

Bloomberg Daybreak: Asia Edition cover image

Fed Holds Rates, Tencent Doubles Buyback

Bloomberg Daybreak: Asia Edition

CHAPTER

Tencent's Strategy for International Growth

This chapter delves into Tencent's focus on expanding internationally, highlighting their efforts to revitalize existing games, monetize new ones, and introduce fresh titles outside of China. Despite challenges, Tencent remains optimistic about double-digit earnings growth in 2024, emphasizing a shift towards higher margin businesses and the strategic role of artificial intelligence.

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