Tencent recorded its quickest income development in over a yr, pushed by profitable recreation releases regardless of financial challenges.
This autumn income rose to 172.5 billion yuan ($23.8 billion), surpassing estimates, whereas web revenue reached 51.3 billion yuan, beating projections.
The corporate plans to repurchase at the very least HK$80 billion in shares in 2025 and lift its annual dividend by 32%.
Hit video games like Dungeon & Fighter Cell and Delta Pressure boosted development, offsetting slowdowns in promoting and funds.
President Xi Jinping’s assembly with tech leaders indicators a softer stance on personal companies, with AI, EVs, and chipmaking as key priorities.
WeChat stays a core asset, driving income via adverts, mini-games, and e-commerce, whereas fintech struggles with stagnation.
Tencent’s market worth jumped 30% ($140 billion) this yr, benefiting from a Chinese language tech rally, although it lags Alibaba’s 70% surge.
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