Tencent admits to ‘soft’ cloud growth compared to hyperscale peers

Tencent has posted quarterly results that feature the usual assortment of very, very, large numbers heading in pleasing directions, but also admitted that its cloud operation was not able to match the surge reported by other hyperscalers around the world. Revenue for Q3 came in at $18.4bn, an increase of 29 percent year-on- …

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