tencent The Chinese tech giant on Wednesday reported full-year earnings that beat analysts’ expectations as it continues to ramp up investments in AI.
Tencent’s full year 2025 earnings are as follows:
Sales: Sales were 751.8 billion Chinese yuan ($109 billion), higher than analysts’ expectations of 750.7 billion yuan, according to data compiled by LSEG.
“We maintained healthy growth rates in 2025 as our AI capabilities improved ad targeting, drove engagement in games, and our cloud business significantly improved revenue growth and margins,” the company said in a statement.
“Our resilient, cash-generating core business provides the resources to fund our growing investments in AI, including hiring top AI talent and upgrading our AI infrastructure.”
Although much of Tencent’s revenue comes from gaming, the company is looking to diversify by expanding into other areas, including cloud computing. The company announced that it will expand its cloud computing division to Europe in 2025.
The head of Tencent’s cloud computing group told CNBC in January that the company plans to expand its data center footprint in the Middle East. CNBC asked the company whether its plans had changed in light of the Iran war.
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