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China’s Tencent Defies Regulatory Gloom With $5 Billion Quarterly Profit

China’s tech giants are supposed to be feeling the lash of the regulators’ tongue as they come under growing anti-trust scrutiny in the areas of pricing, payment methods, and use of data to target shoppers. But third quarter financial data from social media and entertainment titan Tencent, instead showed that the company continues to be […]

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