Tencent Holdings Ltd UNS ADR (TCEHY)
Tencent Holdings Limited (TCEHY) Q1 2025 Earnings Call Transcript
Tencent Holdings Limited (OTCPK:TCEHY) Q1 2025 Earnings Conference Call May 14, 2025 8:00 AM ET Company Participants Wendy Huang - IR Pony Ma - Chairman and CEO Martin Lau - President James Mitchell - CSO John Lo - CFO Conference Call Participants Thomas Chong - Jefferies William Packer - BNP Alicia Yap - Citigroup Kenneth Fong - UBS John Choi - Daiwa Jialong Shi - Nomura Alex Yao - JPMorgan Ronald Keung - Goldman Sachs Wendy Huang Good day, and good evening. Thank you for standing by.
Tencent Says AI Spending Is Yielding Results
Chinese tech giant Tencent says its artificial intelligence (AI) investments have begun paying off. In releasing its quarterly earnings on Wednesday (May 14), the company's CEO noted that its AI capabilities had “contributed tangibly” to its gaming and advertising businesses.
Tencent Q1 revenue jump driven by gaming segment surge
Tencent Holdings (HKG:0700, OTC:TCEHY) shares moved higher as the Chinese technology firm posted a year-over-year increase in both revenue and profit for the first quarter driven by growth in its gaming business. Total revenue was up 13% year-over-year at RMB180 billion (US$25.1 billion), above estimates of RMB174.6 billion.
Tencent Profit Rises But Misses Expectations
The Chinese tech giant reported another quarter of solid earnings, with the continued growth of its core gaming business backing an emboldened AI push.
Chinese tech giant Tencent posts 13% revenue jump as growth at key gaming unit surges
Tencent on Wednesday reported an annual rise in its top and bottom line in the first quarter fuelled by accelerated growth in its key gaming business. Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China.
China's Tencent first-quarter revenue rise 13%, exceeds estimates
Tencent Holdings , China's biggest technology company by market capitalization, posted a 13% rise in first-quarter revenue on Wednesday, driven by growth in its gaming business.
TCEHY Set to Report Q1 Earnings: What's in Store for the Stock?
Tencent's first-quarter 2025 performance is expected to benefit from continued momentum in its games and initiatives across AI and advertising.
Pony.ai teams up with Tencent for robotaxi services on WeChat, other apps
Pony.ai said the deal would include cooperation in areas such as cloud services, map data, information security, and intelligent cockpit ecosystems. The arrangement will also see the two companies integrate Pony.ai's robotaxi ride-hailing services within Tencent applications including WeChat.
Prosus: Best Proxy To Internet Giant Tencent
Prosus offers a low-risk entry to China's internet growth via Tencent, trading at a near 40% discount to NAV. An ongoing buyback program is funded with proceeds from selling Tencent shares. It shall continue to boost NAV per share for Prosus investors. I initiate the stock with a buy rating based on a narrower NAV gap and potential upside in Tencent.
Ubisoft: The Tencent Deal Could Spark A Game-Changing Comeback
Tencent's $1.25B investment significantly improves Ubisoft's balance sheet and supports long-term growth. Deepening relationship with Tencent might unlock new revenue streams in Asia and improves Ubisoft's mobile gaming prospects. Ahead-of-schedule restructuring and early success signs from AC Shadows lay groundwork for sustainable earnings growth.
Tencent: Leveraging Its Extensive Digital Network Distribution To Lead AI Revolution
Tencent is set to become a leading Chinese AI player, leveraging its extensive digital service distribution network and significant investments in AI technology. The company's CAPEX investments surged to $10.7 billion, focusing on GPUs, servers, and data centers, positioning it ahead of rivals like Baidu and Alibaba. Tencent's vast digital ecosystem, including WeChat, gaming, and music platforms, provides a unique advantage to integrate and monetize AI functionalities across its services.
Is Tencent (TCEHY) Stock Outpacing Its Computer and Technology Peers This Year?
Here is how Tencent Holding Ltd. (TCEHY) and Domo (DOMO) have performed compared to their sector so far this year.
