Tencent Show AI Report: Advertising Revenue Up 22%, WorkBuddy Users Strong Willing to Pay
2026-08-12 17:17:37
According to CoinMeta, Tencent has disclosed the latest progress of its AI business. In the second quarter, Tencent's marketing service revenue increased by 22% year-on-year, reaching 43.6 billion yuan, with the advertising recommendation model and intelligent placement product AIM + being clearly identified as the drivers of growth. The gross profit of marketing services also increased by 21%, reaching 25 billion yuan. The cloud business also benefited from the growing demand for AI; the growth of enterprise services was mainly driven by cloud services, with the rising demand for AI related services being one of the reasons. WorkBuddy users have grown rapidly, with a healthy retention rate, and users have a strong willingness to pay for Token through subscriptions and top-ups. Both WorkBuddy and CodeBuddy have achieved breakthrough user growth and are said to be at the leading level in China in their respective fields. The official version of HY3 has improved significantly compared to the preview version; since July 7th, it has consistently ranked among the top three globally in terms of OpenRouter Token consumption. WeChat's AI Agent "small and micro" service has also begun small-scale gray-box testing.
Source:Internet
This content is for market information only and does not constitute investment advice.
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