Tencent Q1 Revenue Up 13%, Boosts AI Investments Across Ecosystem
Earnings Call
05/14
Tencent reported strong Q1 2025 results with revenue up 13% year-over-year to 180 billion RMB. Gross profit grew 20% to 100.5 billion RMB. The company is stepping up investments in AI, including GPUs and servers, which is expected to temporarily narrow the gap between revenue and profit growth. Domestic games revenue grew 24% year-over-year, driven by flagship titles and new releases. Tencent is integrating AI capabilities across its ecosystem, including WeChat, advertising, and cloud services. The company sees a long runway for growth in games, particularly in the first-person action genre.Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.