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In Q1, TENCENT's revenue increased by 13% year-on-year, while Net income fell by 7%. AI-driven honor of kings and other games set new records for revenue | Earnings Reports insights.
In the first quarter, Tencent's revenue was 180.022 billion yuan, a year-on-year increase of 13%, with adjusted Net income increasing by 11% year-on-year. AI capabilities have positively contributed to performance advertising, evergreen games, and other Business, with record-high revenue from "Honor of Kings" and "Crossfire Mobile". The company has increased investment in "Yuanbao applications" and AI within WeChat.
Focusing on new scenarios of integrated light storage, continuously enhancing overseas market shipments. The leading photovoltaic company on the Star is creating a diversified business growth curve | Direct coverage of the Earnings Conference.
① Multiple business leaders proposed measures to enhance the efficiency of component products, increase the export share to overseas high-value regions, and build new scenarios for the integration of solar energy and storage, in order to steadily improve the company's Operation capabilities; ② The USA remains a high High Stock Price market, with several business leaders responding to the export plans to the USA.
Options Trade for Earnings This Week: OKLO, Walmart and BABA
Alibaba And JD.com Are Literally Paying The Price As China Delivery Wars Heat Up
What to look for in the earnings reports of Chinese concept giants this week? JD.com's "takeaway battle," and Alibaba and Tencent's "AI investments and application progress."
Tencent's advertising revenue combined with AI Business has become a highlight, focusing on the improvement of click-through rates for AI search advertising products and existing advertising products within the WeChat ecosystem; Alibaba's cloud Business and e-commerce competition is the focal point, looking at the trends of its profit margins, AI revenue contribution, and prospects for cross-border Business; JD.com focuses on the mid-term goals of its food delivery Business and the competitiveness of its core retail Business.
Alibaba Asserts Chinese Tech Dominance, Vows Major AI Focus In Next 3-5 Years: 'We Have The Upper Hand In The Trade War'
