Chinese Internet Companies Report Increased Profits in Q1 2023
China’s major internet and related service companies have reported a 62.1% year-on-year increase in profits in the first quarter of 2023. According to China’s Ministry of Industry and Information Technology, as reported by Xinhua News Agency on Saturday, these companies’ profits rose to 38.4 billion yuan (about $5.4 billion USD) in the first quarter of …
Chinese Internet Companies Report Increased Profits in Q1 2023 Read More »
