Tencent Holdings Limited
Tencent Holdings delivered strong growth in Q3 2025, with total revenue increasing 15% year-on-year and significant advancements in its AI and gaming segments driving performance.
Key takeaways
- Total revenue reached RMB 193 billion, up 15% year-on-year, while gross profit soared 22% to RMB 109 billion.
- Non-IFRS net profit attributable to equity holders increased by 18% to RMB 71 billion, reflecting robust earnings growth.
- The gaming segment thrived, with Delta Force ranking among the top 3 games in China, and VALORANT's successful mobile launch significantly boosted user engagement.
- Value-added services (VAS) accounted for 50% of total revenue, driven by strong performance in social networks and digital content.
- AI investments are enhancing ad targeting and user engagement, with the Hunyuan model leading in both image generation and 3D modeling capabilities.