Tencents shares surge, Baidu slides after DeepSeek’s WeChat debut

February 24, 2025

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Tencent Holdings Ltd’s shares rose to their highest since 2021 after DeepSeek, the AI service that’s shaken up the industry since its emergence this year, debuted on the big tech company’s WeChat social media platform.

Company	Value	Change	%Change

Shenzhen-based Tencent is now integrating DeepSeek’s artificial intelligence model into WeChat search, the company said in a statement. The internet and games giant joins a wave of government bodies and service providers embracing DeepSeek’s software across China. The move helped lift confidence for…

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