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On May 14, Tencent Holdings unveiled its financial report for the first quarter of 2025, showcasing a robust revenue of RMB 180.02 billion, marking a significant year-on-year growth of 13%. The report highlights the substantial contributions of AI capabilities to various business segments, including performance-based advertising and enduringly popular games. Pony Ma, the visionary leader, affirmed that Tencent will further escalate its investments in AI-related domains, firmly believing that these strategic moves will not only enrich user experience and benefit society but also generate substantial and long-term incremental returns for the company. During the first quarter, Tencent's research and development expenses soared to RMB 18.91 billion, reflecting a commendable 21% year-on-year increase.
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