"Tencent's overall performance reflects its dominance in gaming, with domestic game revenues rising 24% and a robust international sector fueled by popular titles."
"WeChat's increasing monetization through marketing services, driven by advertisers' demand, highlights its evolution from a messaging app to a comprehensive platform."
Tencent, a major player in the global gaming industry and parent of WeChat, showed a growth in revenue in Q1 2025, earning 180.02 billion yuan. However, net profit fell short of expectations, coming in at 47.8 billion yuan. Key factors driving revenue included a 24% increase in domestic game sales and a 23% rise in international gaming revenues. WeChat, with over 1.4 billion users, continues to diversify its income through advertising, witnessing a 20% growth in marketing services revenue. Tencent's capital expenditures rose significantly as the company invests in artificial intelligence.
Read at www.cnbc.com
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