Chinese internet and gaming giant Tencent said on Wednesday that profits in the fourth quarter of 2024 surged 90% as the firm accelerates a push into artificial intelligence (AI).
Tencent nearly doubled its profit as the Chinese technology giant continued to build on its gaming momentum.
Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue. Revenue came in at 172.4 billion Chinese yuan ($23.9 billion) versus 168.9

China's Tencent Q4 revenue exceeds estimates

04:42am, Wednesday, 19'th Mar 2025
Chinese technology giant Tencent Holdings posted on Wednesday a 11% rise in fourth-quarter revenue, driven by growth in its gaming business.
Tencent Music Entertainment Group shares surged following fourth-quarter earnings that exceeded expectations that reinforced its strategic focus on high-quality growth and artificial intelligence (AI)
Tech giant Tencent on Tuesday unveiled a suite of new artificial intelligence tools capable of converting text and images into 3D visuals in the latest example of growing Chinese momentum in the field
Tencent Music Entertainment beat analysts' expectations for fourth-quarter revenue on Tuesday, backed by the strong growth of streaming services.
China's Minister of Commerce on Tuesday stated at the Third Session of the 14th National People's Congress that consumption remains the primary driver of economic growth. Service consumption has maint
Stocks of several of China's most popular technology companies were rallying on Wednesday as the country's leader promised to support the technology industry and kept its economic growth goals intact.
There are times when markets are driven by fear, keeping most investors away from what could be a life-changing trade or investment only because the rest of the media and sentiment decided to stay awa
Tencent, Alibaba, Baidu, JD.com and PDD Holdings are included in this Analyst Blog.
China tech soars in 2025 as AI, EVs and AR lead the way. Investors can keep an eye on TCEHY, BABA and BIDU as they capitalize on this technological renaissance.
Chinese stocks struggled today after President Donald Trump said additional tariffs on Chinese imports are slated to go into effect Tuesday. Hong Kong's Hang Seng Index fell 3.3%, suffering one of its
Tencent Holdings (HKG:0700, OTC:TCEHY) has launched Hunyuan Turbo S, its latest AI model, as competition heats up in the US-China tech race. The new system is designed for instant responses, setting
Chinese tech giant Tencent on Thursday released a new AI model that it claims can answer queries faster than global hit DeepSeek-R1, in the latest sign the startup's domestic and overseas success is p
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