Tencent Revenue reported on Thursday rose 15% year-on-year, with artificial intelligence boosting the Chinese tech giant’s performance in ad targeting and gaming.

According to the financial report released on Thursday, Tencent’s performance in the third quarter of 2025 is as follows:

• Revenue: 192.9 billion yuan ($27.12 billion), beating analysts’ expectations of 189.2 billion yuan, according to data compiled by London Stock Exchange Group (LSEG).
• Operating profit: 63.6 billion yuan, Wall Street expected 58.01 billion yuan.

Tencent increased capital spending earlier this year as it ramps up efforts in artificial intelligence and looks at Cloud computing expands in Europe services, which will compete with market leaders Amazon Web Services, Google Cloud and Microsoft Azure. It has its own AI base model in China called Hunyuan, but it also uses DeepSeek in some products.

Tencent shares have risen 56.7% so far this year.

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