AsianFin — Tencent reported a strong second quarter on Wednesday, with revenue climbing 15% year-on-year. The Chinese tech giant credited its robust performance to a thriving gaming sector and the expansion of its business services powered by artificial intelligence.
For the three months ending in June, Tencent posted revenue of 184.5 billion yuan, surpassing analyst forecasts of 178.5 billion yuan, according to data from LSEG. The results highlight the company's ability to drive growth through its core gaming business while successfully leveraging new technologies to diversify its revenue streams.