$TCEHY (-0.6%) | Tencent Holdings Q3 '24 Earnings Highlights:

🔹 Adjusted Net Income: ¥59.8B (Est. CNY 54.4B) 🟢

🔹 Operating Income: ¥53.3B (Est. CNY 53.7B) 😐

🔹 Revenue: ¥167.2B (Est. ¥167B) 😐; UP +8% YoY

Q3 Segment Revenue:

🔹 International Games: ¥14.5B (Est. ¥15.0B) 😐

🔹 Domestic Games: ¥37.3B (Est. ¥37.0B) 🟢; UP +14% YoY

🔹 Social Networks: ¥30.9B

🔹 Value-Added Services: ¥82.7B; UP +9% YoY

🔹 Online Advertising: ¥30.0B; UP +17% YoY

🔹 Fintech and Business Services: ¥53.1B; UP +2% YoY

User Metrics

🔹 Weixin/WeChat MAUs: 1.38B; UP +3% YoY

🔹 Mobile MAU: 562M; UP +0.7% YoY

Business Highlights

🔸 Expanded eCommerce strategy with Mini-shops, leading to GMV > CNY 2T for Mini Programs

🔸 Strong growth in games, aided by releases like "Dungeon & Fighter Mobile" and "Delta Force"

🔸 Continued investment in AI, realizing benefits in various applications