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Tencent Holdings Ltd pledged to embrace China’s new paradigm of stricter government oversight after reporting its slowest growth on record, declaring the end of an era that nurtured some of the world’s largest and most profitable corporations.
(Bloomberg) Tencent Holdings Ltd.’s revenue grew at the slowest pace since its 2004 listing, revealing the financial toll of China’s crackdown on its most lucrative businesses from gaming to advertising.