Tencent, the prominent Chinese technology company, announced a net profit of RMB 47.82 billion ($6.6 billion) for the first quarter of 2025, marking a 14% increase compared to the same period last year. The company's total revenue also saw a significant rise, climbing 13% to reach RMB 180.02 billion ($24.98 billion). Additionally, gross profit surged by 20%, totaling RMB 100.49 billion ($13.94 billion). These positive financial results are attributed to the early successes of Tencent's artificial intelligence initiatives, which have begun to yield substantial returns. The figures reflect the company's ongoing commitment to innovation and its strategic focus on AI-driven growth in a competitive market.
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Original from TechNode.com: Tencent Q1 profit rises 14% as AI investment begins to pay off
Tencent Q1 profit rises 14% as AI investment begins to pay off
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United States
Joint University of Pittsburgh and US Department of Veterans Affairs laboratory conducting rehabilitation engineering research. Develops mobility devices, assistive technologies, and medical-grade products for people with disabilities.
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Austria
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United States
Independent embedded software provider delivering RTOS, compilers, IDEs, and debuggers for safety- and security-critical systems. Serves automotive, avionics, defence, and industrial domains with certified real-time operating system platforms since 1982.
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United States
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United States
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Norway
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