China’s Covid lockdowns have hurt advertiser sentiment, while Tencent’s ad business has also taken a knock from competition from rivals.
Source: Tencent profits plunge as Chinese tech giant grapples with Covid lockdowns, regulation
China’s Covid lockdowns have hurt advertiser sentiment, while Tencent’s ad business has also taken a knock from competition from rivals.
Source: Tencent profits plunge as Chinese tech giant grapples with Covid lockdowns, regulation