Tencent posts strong quarterly revenue as video gaming giant bets big on AI

May 14, 2025

Chinese technology giant Tencent Holdings on Wednesday reported revenue of 180 billion yuan (US$25 billion), its largest quarterly income since listing in Hong Kong in 2004, driven by continued efforts in artificial intelligence (AI) and video gaming. Revenue grew 13 per cent in the first three months of the year, beating estimates of 10 per cent by analysts polled by Bloomberg. Quarterly profit increased 14 per cent to 48 billion yuan, falling short of analysts’ estimates of 51.7 billion yuan...

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