Tencent Holdings Ltd. expressed willingness to cooperate with authorities and played down the potential effect of China’s toughening regulatory environment as a boom in videogaming triggered by pandemic lockdowns continued to power the tech company’s performance in the latest quarter.
Tencent, the world’s biggest videogame company by revenue, said its profit in the September quarter soared 89% to 38.54 billion yuan, equivalent to $5.81 billion, from the same period last year. A sharp rise in valuations of Tencent’s investments…
