2022.03 Global Times:Tencent posts slower Q4 revenue growth
Tencent reported a slowdown in its quarterly revenue growth on Wednesday, as the Chinese internet conglomerate continues to grapple with internet regulatory toughening that's intended to steer the platform economy toward improved legal compliance and more sustainable growth.There is a natural shift toward lower growth as a result of reduced demographic dividends, analysts of iiMedia Research Institute, told the Global Times on Wednesday.Internet firms that have long bet on stellar growth enabled by their virtual prowess ought to increasingly refocus on the real economy.