Tencent Profit Misses, Counts on WeChat for Growth

Tencent Profit Misses, Counts on WeChat for Growth Play

Nov. 14 (Bloomberg) -- Tencent Holdings Ltd., Asia’s largest Internet company, posted third-quarter profit that missed analyst estimates due to the cost of increased efforts to compete against Alibaba Group Holding. Stephen Engle reports on Bloomberg Television's "First Up." (Source: Bloomberg)

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