Tencent second-quarter profit rises 29%


FILE PHOTO: A logo of Tencent is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. REUTERS/Aly Song/File Photo

(Corrects net profit to 42.6 bln yuan, not 33.1 bln yuan. Also corrects to above, not below, estimates.)

SHANGHAI (Reuters) -Chinese gaming and social media giant Tencent Holdings posted a 29% rise in second-quarter profit, a slower pace of growth after the coronavirus pandemic led to a boom in online gaming last year.

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