China's internet sector revenue grew in Quarter 1.

China's internet sector experienced steady revenue growth, with major internet firms generating 384 billion yuan in Q1, up 8.4% YoY. Personal services companies saw a 13.3% revenue increase, while info services firms experienced a 5.9% revenue rise. R&D spending in internet and related service companies was 19.86 billion yuan, a slight 0.6% decrease.

May 02, 2024
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