$TCEHY (-0.95%) | Tencent Holdings Q3 '24 Earnings Highlights:
š¹ Adjusted Net Income: Ā„59.8B (Est. CNY 54.4B) š¢
š¹ Operating Income: Ā„53.3B (Est. CNY 53.7B) š
š¹ Revenue: Ā„167.2B (Est. Ā„167B) š; UP +8% YoY
Q3 Segment Revenue:
š¹ International Games: Ā„14.5B (Est. Ā„15.0B) š
š¹ Domestic Games: Ā„37.3B (Est. Ā„37.0B) š¢; UP +14% YoY
š¹ Social Networks: Ā„30.9B
š¹ Value-Added Services: Ā„82.7B; UP +9% YoY
š¹ Online Advertising: Ā„30.0B; UP +17% YoY
š¹ Fintech and Business Services: Ā„53.1B; UP +2% YoY
User Metrics
š¹ Weixin/WeChat MAUs: 1.38B; UP +3% YoY
š¹ Mobile MAU: 562M; UP +0.7% YoY
Business Highlights
šø Expanded eCommerce strategy with Mini-shops, leading to GMV > CNY 2T for Mini Programs
šø Strong growth in games, aided by releases like "Dungeon & Fighter Mobile" and "Delta Force"
šø Continued investment in AI, realizing benefits in various applications