, Columnist
Even China's Biggest Company Is Looking for an Exit
Tencent is finally providing clarity on the games revenue its receives from overseas, just as the domestic market looks decidedly treacherous.
Ready to bust out.
Photographer: Bloomberg DaybreakThis article is for subscribers only.
Tencent Holdings Ltd. wants you to know that it’s not purely a domestic play. The purveyor of social media and games has started to show the world how much it makes outside of mainland China. It needs to demonstrate to investors that there’s growth to be found yonder.
Amid a raft of domestic regulatory and macroeconomic struggles, China’s largest company posted its slowest expansion on record; and it forecast continued challenges ahead.