TENCENT Q4 2024 Earnings Report

Tencent On Wednesday, the top and bottom line managed with an increase in game and advertising revenues placed the fourth quarter beating.

Here’s how was the fourth quarter of 2024, according to Tencent’s refinitive calculations?

• Income: 172.4 billion Chinese yuan ($ 23.9 billion) are expected with 168.9 billion yuan
• Profit related to capital owners of society: 51.3 billion yuan and 46.03 billion yuan are expected

Although Tencent is one of the world’s largest gaming companies, the Tech giant has focused on turning off various AI models in China in the last two years, and to turn off various AI models in China.

The company launched the HunyuAn3D-2.0 model that can turn the company, text or pictures to 3D graphics. In February, Tencent presented an AI model designed to answer user questions as soon as possible.

INvestors are still watching how Tencent’s plan to combine AI investments.

It is a high-efficiency of competition between China’s technological giants, which is the use of the Shenzhen headquarters, the technological giants of China, spread by DeepSEEK in early this year, and a highly effective artificial intelligence in this year.

AI updates were released from the companies, including Alibaba and Baidu.

Last week, Alibaba presented a new version of the EU Assistant application Equipped with its own QWEN AI Reasoning Model. Bayu Sunday Left two new models including a new model of thinking.

Tencent works with its AI models, as well as rivals. The company has a house of Yuanbao, a Hunyuan foundation model, as well as a house called Yuanbao in R1. Tencent also tried to unite Deepseek’s technology between some other products, including Wechat’s search features in China.

This broke news story is updated.