Tencent has unveiled its financial report for the first quarter of 2025, revealing a robust revenue of 180 billion yuan. This marks a 13% increase from the same period last year and surpasses market projections of 175.6 billion yuan. Excluding non-IFRS adjustments, profit attributable to equity holders of the company stood at 61.329 billion yuan, representing a 22% year-over-year growth. Revenue from marketing services surged by 20% to 31.85 billion yuan, while value-added services revenue climbed 17% to 92.13 billion yuan, with gaming revenue specifically increasing by 24%. Financial technology and enterprise services revenue also saw a 5% year-over-year uptick, reaching 54.91 billion yuan. Tencent remains committed to strategic investments in AI, with research and development expenditures amounting to 18.91 billion yuan in the first quarter, a 21% increase from the previous year. Capital expenditures surged 91% year-over-year to 27.48 billion yuan.