Tencent's first-quarter revenue increased by 13%, Ma Huateng: Strategic AI investments will bring long-term returns.

On May 14th, Tencent Holdings released its financial report for the first quarter of 2025. In the first quarter, Tencent achieved a revenue of 180.2 billion yuan, a year-on-year increase of 13%. Tencent CEO Ma Huateng said that in the first quarter of this year, Tencent's high-quality revenue maintained a solid growth momentum. AI capabilities have made substantial contributions to performance advertising, long-lived games, and other businesses, as well as increased investment in new AI opportunities such as Yuenbao applications and AI within WeChat. "We believe that during the AI strategic investment phase, the operating leverage from existing high-quality revenue will help absorb the additional costs generated by these AI-related investments and maintain financial stability. We expect that these strategic AI investments will create value for users and society, and generate long-term and substantial incremental returns for us," Ma Huateng said.