TENCENT Q4 2024 Earning report

Tencent On Wednesday he published a rhythm of the fourth quarter on the top and lower of an increase due to an increase in income from games and advertising.

This is how Tencent did in the fourth quarter of 2024 versus refinitiv estimates:

• Revenue: 172.4 billion Chinese yuan ($ 23.9 billion) versus 168.9 billion expected yuan
• Benefit attributable to the shareholders of the company: 51.3 billion yuan versus 46.03 billion expected yuan

Although Tencent is one of the world’s largest playgrounds, the technological giant has also focused a great approach to becoming a key artificial intelligence player in China in the last two years, taking out several models of AI.

On Tuesday, the company launched its Hunyuan3D-2.0 model that can convert the text or images into 3D graphics. In February, Tencent had presented Turbo S, a model of AI designed to answer user consultations as quickly as possible.

YoThe nvestors are still observing how Tencent plans to monetize their AI investments.

The impulse of the company based in Shenzhen is emblematic of the current state of competition among China’s technological giants, which has been stimulated by the Deepseek startup and its highly efficient artificial intelligence model that was launched earlier this year.

IA updates have been launched thick and quickly from companies such as Alibaba and Baidu.

Last week, Alibaba launched a new version of its assistant application that will be Driven by its own reasoning model Qwen ai. Baidu on Sunday released two new models including a new reasoning model.

Tencent is working with its own AI models, as well as those of the rivals. The company has its internal chatbot called Yuanbao, which is based on its own fundamental model of Hunyuan, as well as R1 of Deepseek. Tencent has also tried to integrate Depseek technology into some of its other products, including Wechat search functions in China.

This last -minute news is being updated.