(Bloomberg) -- Tencent Holdings Ltd. logged its first-ever revenue decline after online advertising sales fell by a record, underscoring the extent to which China’s worsening economy is hurting its biggest corporations.Most Read from BloombergLiz Cheney Prepares for Next Act in GOP Where Trump Holds SwayBill Gates and the Secret Push to Save Biden’s Climate BillAmerica’s $7 Trillion Retirement Crisis Is Only Getting WorseGlazer Family Open to Selling a Stake in Manchester United FC, Sources SayS
(Bloomberg) -- Tencent Holdings Ltd. reported its first quarterly drop in workforce in almost a decade, as the layoffs rippling through the global tech sector finally engulf China’s biggest social media player. Most Read from BloombergLiz Cheney Prepares for Next Act in GOP Where Trump Holds SwayBill Gates and the Secret Push to Save Biden’s Climate BillAmerica’s $7 Trillion Retirement Crisis Is Only Getting WorseGlazer Family Open to Selling a Stake in Manchester United FC, Sources SaySaudi Bil
(Bloomberg) -- Fintech giant Ant Group Co.’s valuation was trimmed again by global investors who bought private shares ahead of its suspended initial public offering.Most Read from BloombergLiz Cheney Prepares for Next Act in GOP Where Trump Holds SwayBill Gates and the Secret Push to Save Biden’s Climate BillAmerica’s $7 Trillion Retirement Crisis Is Only Getting WorseGlazer Family Open to Selling a Stake in Manchester United FC, Sources SaySaudi Billionaire Made $500 Million Russia Bet at War