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Chinese Internet giant
First-quarter revenue was 159.5 billion Chinese yuan (
With the exception of the VAS unit,which is involved in online gaming, among other things, revenue increased for all operations. In fintech, revenue growth was 7 percent and in online advertising as much as 26 percent.
Although revenue in the January-March quarter fell to
The number of monthly active users fell 2 percent to 592 million. But users who paid for streaming increased 20 percent from 94.4 million to 114 million.
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