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Economy

WeBank 2024: Revenues down, but profits up and Tencent reduces stake

WeBank, one of China’s leading digital banks, has released its annual financial report for 2024. The numbers show a decline in revenues but an increase in profits. Additionally, Tencent, the tech giant that helped found WeBank, has reduced its stake. Revenues Down, But Profits UpTotal revenue: 38.13 billion yuan, down Read more…

By Sky Lei, 1 year4 May 2025, Sunday ago
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  • WeBank 2024: Revenues down, but profits up and Tencent reduces stake
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