Tencent still optimistic

06 Nov 2008

Tencent Holdings, operator of QQ, China’s biggest instant messaging service, remains optimistic regarding the impact on its business of  slowing economic growth.

Jeff Xiong, the company’s chief technology officer, said it expected an economic slowdown would affect the Internet industry.

“The impact, however, would vary among different types of businesses,” said Xiong, quoted

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Jim Townsend