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…
