TencentHoldings today announced financial results for the third quarter ended September 30, 2024: revenue was NT$167.2 billion, an increase of 8% year-over-year, and net income was NT$53.2 billion, an increase of 47.% year-over-year. non-IFRS net income was NT$59.8 billion, an increase of 33% year-over-year.

According to Sina Tech, after the earnings report, Citi analysts asked during the earnings call, "Will Tencent's big model App Yuan Yuan eventually embed commercial sponsorship answers?"
James Mitchell, Tencent's chief strategy officer, said:
- As forTencent Yuanbaowhether it will be embedded in commercial search results.The answer is no.. For the time being, we're focused on making the meta as attractive as possible to our users, theInstead of rushing to commercial realization.
Note: Tencent Yuanbao is an AI product that relies on Tencent's hybrid big model, released in May this year, providing functions such as AI search, AI summarization, and AI writing.
With Tencent's ecological advantages, in terms of AI search, Tencent Yuanbao accesses search engines such as WeChat Search and Sogou Search; at the same time, the content covers Tencent's ecological content such as WeChat's public number and authoritative Internet sources.