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Tencent Restructures Amidst Market Value Drop

September 30, 2018
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Tencent Restructures Amidst Market Value Drop

September 30, 2018
Tencent Holdings revealed that it is restructuring for the first time in six years as it faces tougher Chinese internet regulation. According to Reuters, the Chinese internet giant announced that Tencent executives will consolidate three content business groups to one unit and implement a new group for cloud and smart industries. In addition, the company will […]