Tencent announces stock buyback after Q4 revenue miss

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Tencent Holdings (TCEHY) has announced plans for a stock buyback program after missing revenue expectations in its fourth quarter results. The company attributed a portion of the revenue slump to a slowdown in its gaming revenue segment, which has traditionally been a significant growth driver.

Yahoo Finance's Rachelle Akuffo and Akiko Fujita break down the details.

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Editor's note: This article was written by Angel Smith