Tencent books 13% rise in quarterly revenue on gaming, AI demand
Reuters·2026-03-18 08:40
Core Insights - Tencent Holdings reported a 13% increase in quarterly revenue, driven by strong gaming demand and the growth of its artificial intelligence services [1][2] Financial Performance - The company posted revenue of 194.4 billion yuan ($28.28 billion) for the fourth quarter, surpassing analyst estimates of 193.5 billion yuan [2] - Net profit for the quarter was 58.26 billion yuan, exceeding the average estimate of 57.75 billion yuan [2]