Its various subsidiary companies include Tencent Music Entertainment, Tencent Sports, and Tencent AI. Tencent. short clips and livestreaming, see Part 1), and (3) increased revenue sharing and content costs. In 2020, Tencent made two transactions to increase its equity stake in Huya Inc., a leading live game streaming platform in China. I'm especially curious if anyone particularly loves/hates this at $67/share. Gaming. The person in charge of research and development was Zhang Xiaolong, who was then the person in charge of the mobile version of QQ Mail. Tencent Holdings is a Chinese technology conglomerate holding company that was founded in November 1998. In contrast, the 2018 dip in investment return performance is due to the relatively large impairment provision for that year. Gaming. The key to success on this front is a strong product portfolio that covers a broader customer base, according to Li. The index is also a selection of the 'best' companies. Lau was referring to a segment that included Tencent's new cloud business, which posted its first annual revenue of 9.1 billion yuan ($1.36 billion). Click here to subscribe and stay tuned for future updates! We have also set the operating . Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. It is social, free and popular on mobile -- the fastest growing segment of gaming. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Instagram accounts with the most followers worldwide 2023, Number of apps available in leading app stores Q3 2022, Twitter: number of monthly active users 2010-2019, Internet usage in India - statistics & facts, Profit from additional features with an Employee Account. Since its founding, Tencent has found new income streams including high-performance advertising, gaming, digital content, and fintech services. Revenues had grown from RMB12.4 billion in 2009 to RMB377.3 billion in 2019. Over the same period, Tencent generated RMB578.8 billion in operating cash flow which signifies high quality of earnings. If you are an admin, please authenticate by logging in again. Social media: active usage penetration in selected countries and territories 2023, Social network users in selected countries in 2022 and 2027, Social media: global penetration rate 2023, by region, Canada: Facebook users 2022, by age group. At the current price of nearly HKD600, is Tencent still a good buy? Then you can access your favorite statistics via the star in the header. While we provide a summary of our research, youd have to make your own decisions whether an investment is suitable for your portfolio. Tencent Holding annual revenue for 2021 was $86.818B, a 24.29% increase from 2020. Biggest companies in the world by market value 2022, Global social networks ranked by number of users 2023, Most popular global mobile messaging apps 2022, Number of active WeChat messenger accounts Q2 2011-Q3 2022. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Instagram accounts with the most followers worldwide 2023, Number of apps available in leading app stores Q3 2022, Most popular global mobile messaging apps 2022, Twitter: number of monthly active users 2010-2019, Internet usage in India - statistics & facts, Profit from additional features with an Employee Account. Over the past 6 months, the stock has traded down approximately 30% from $100/share. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Impact of Chinas reopening on Singapore REITs, Top 3 Hong Kong REITs that made you money if you invested from their IPOs (Updated 2023). Revenue climbed 20% to 138.3 billion yuan, in line with expectations. Your email address will not be published. Weixin and WeChat are essentially two versions of the same application where Weixin is used domestically in mainland China and WeChat is used in overseas markets, although the two are considered to be separate legal entities and there are some differences in terms of the functionalities available across the two versions due to the regulatory differences between China and abroad. Profit. The market tends to be driven solely by the domestic players in the near-term Upon completion of this transaction, Tencent would increase its voting power to 70.4% and equity stake to 51.0% in Huya Inc. Tencent has delivered stellar growth in revenue and profit over the past 10 years. Please check your download folder. Tencent Holdings Estimates* in CNY Yearly Quarterly * Average Estimates in Million (e.g. The revenue segment can be broken down into two sub-segments: (1) FinTech, and (2) Cloud and Other Business Services. Register in seconds and access exclusive features. Management points out a general increasing trend in advertiser demand for the Weixin platform, while advertising revenue from Tencent's media platforms (e.g. To use individual functions (e.g., mark statistics as favourites, set WeChat updated a new rule in October 2019, the platform will punish websites or apps that send links to mislead or entice users to download or redirect to an external app, Tencent Holdings and its key revenue pillars, How To Make Money In The Agriculture Business. Any investment involves the taking of substantial risks, including (but not limited to) complete loss of capital. . Note: the online advertising industry faced significant changes in terms of regulatory environment over the past year, the most significant of which pertains to the crackdown on K-12 education organizations (see, ). This statistic is not included in your account. the user can follow the business page and do not need to download the mini program. Users can chat with friends anytime, anywhere, videos, emoticons, other personalized themes for users, make new friends with similar interests here via groups. "Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan)." Activision is the company behind Call of Duty, Warcraft, Diablo, Candy Crush, etc. short clips and livestreaming, see. Chinese tech giant Tencent recorded a total revenue of 273.6 billion yuan (US$42.3 billion) for the first half of 2021, a 23% increase from H1 2020's revenue of 222.9 billion yuan (US$34.5. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Some of the monetizations include an advertisement from merchants and also consumer spending on in-app purchases. In 2019, it has a total revenue 377.3B ($53.52 B) Tencent Holdings Revenue by Year Tencent Revenue and its core channel Revenue is being broken down into the main 4 segments Tencent social network The 2 key Tencent social network is QQ and WeChat. By region, North America had the highest share . Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. ", Tencent, Revenue distribution of Tencent Holdings from 2015 to 2021, by segment Statista, https://www.statista.com/statistics/292801/revenue-distribution-of-tencent/ (last visited March 02, 2023), Revenue distribution of Tencent Holdings from 2015 to 2021, by segment [Graph], Tencent, March 23, 2022. The total market share of the three reached 88.33%. statistic alerts) please log in with your personal account. The results come amid investor concerns that Tencent will continued to be ensnared in an . Domestic Games accounted for 23% of Tencent's total revenue and 74% of revenue from the gaming segment in 2021. Show publisher information This statistic shows the revenue distribution of Tencent from the fiscal year 2015 to 2021, by segment. PDF. Chart. Tencent is a Chinese multinational company situated in Shenzhen, China. Riot Games' Teamfight Tactics enhanced $931.9M. Available: https://www.statista.com/statistics/292800/revenue-of-tencent-by-segment/, Annual revenue of Tencent from 2014 to 2021, by segment, Available to download in PNG, PDF, XLS format, Market value of the largest internet companies worldwide 2022, Internet companies ranked by revenue 2017-2021, Largest Chinese public companies as of 2022, by market value, Quarterly revenue of Tencent Q3 2017-Q3 2022, Annual revenue of Tencent 2014-2021, by segment, Key usage figures of Tencent's WeChat and its other services 2020-2021, Tencent's annual online games revenue 2011-2021, Annual gaming revenue of Tencent 2021, by segment, Mobile games with highest IAP revenue worldwide 2022, Biggest video game industry acquisitions 2022, Tencent's investments in overseas gaming companies 2020, Number of Tencent patents by filing year and legal status worldwide 1999-2019, Global edge computing patents filed by standard developer 2021, by number of patents, Number of blockchain patent applications of leading Chinese companies 2021, South Korea Kakao's annual net profit 2013-2021, Tencent: profit before income tax 2008-2021, Digital content industry turnover in Spain 2010-2018, Most popular beauty and fashion websites in Poland 2021, by user number, Leading gossip websites in Poland 2021, by user number, Leading online services for women in Poland 2020, by users, Leading educational websites in Poland 2020, by users, Estimated annual value of Amazon Prime 2018, Annual advertising revenue of China's digital music market 2013-2023, Leading health online services in Poland 2021, Drivers of online recommendations in Brazil 2022, U.S. internet users addicted to social media 2019, by gender, Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan), Find your information in our database containing over 20,000 reports. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. In 2005, his previous product Foxmail was acquired by Tencent. [Online]. "Annual Revenue of Tencent from 2014 to 2021, by Segment (in Billion Yuan). Source: FactSet Tencent Holdings Dividend Calendar *Yield of. In the last six years, this segment attained a CAGR of 28.2% in revenues where it increased from RMB45.0 billion in 2013 to RMB200.0 billion in 2019. During the second quarter of 2020, the company posted net sales (revenue) of RMB 114.83 billion. Segments: Baidu Core . Are you interested in testing our business solutions? Copyright 2023 The Fifth Person. Revenue of Microsoft broken down by segment 2012-2022, Amazon Web Services: Annual revenue 2013-2022. Currently, you are using a shared account. (November 16, 2022). It was supported by higher revenue earned from Weixin Moments, Mini Programs, and its mobile advertising networks. Tencent is the dominant name when it comes to gaming in China and is even reported as the world's largest video game vendor.The Chinese gaming giants also have a stranglehold in the mobile gaming segment, generating large amounts of revenue. The Chinese. Use Ask Statista Research Service. Nvidia Corporation is an American multinational technology company. Co-founded DividendVault.com, an online membership site that empowers retail investors to build a stock portfolio that pays rising dividends year after year in Malaysia and Singapore. Please create an employee account to be able to mark statistics as favorites. The Others segment includes defined contribution pension, asset management and health care businesses. Its live streaming of game content includes e-sport tournaments such as League of Legends, King of Glory, and Peacekeeper Elite. Overview 1) Briefly introduce your company and what it does. Successful WeChat Mini Programme. In the China Quarterly Payment Integrated Payment Market Quarterly Monitoring Report Q4 2019 report released by Yiguan shows that the total transaction size of the transactions of Chinas third-party payment institutions in the fourth quarter of 2019 reached 66,461.33 billion yuan, an increase of 5.74% from the previous quarter. sail past the $1.5 billion in annual revenue generated by Call of Duty, the industry's top-selling game . Valuable information is provided here about a particular market segment according to product type, application, region type, and end user. As soon as this statistic is updated, you will immediately be notified via e-mail. The particularly large discrepancy between investment portfolio value and the fair value of publicly listed shares in 2020 is likely due to the rapid rise in Chinese stock prices that year, as well as significant increases in other stocks which Tencent held and/or still holds (e.g. In 2019, Tencent derived 53% of group revenues from its VAS businesses. In 2019, Tencent derived 53% of group revenues from its VAS businesses. One yuan equals approximately 0.14 U.S. dollars and 0.14 euros (as of November 2022). WeBank. The number of fee-based VAS subscriptions derived from Tencent's media platforms increased from 134.6 million subscriptions in 2017 to 236.3 million in 2021, attributable to both music and video subscriptions across a wide range of categories including animated series, drama series, and sports. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. #3: Domestic Games Contributed To Nearly A Quarter Of Tencent's Total Revenues, In Contrast To 8.1% For International Games. Please complete this form and click the button below to subscribe. Regular host and presenter of a weekly financial webinar with KCLau.com. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). In the fourth quarter of 2019, overseas gaming revenue has more than doubled year-on-year and accounted for 23% of online game revenue. March 1, 2022 6:29 AM | 1 min read. Nice to finally get a bit of clarity into how the mysterious 'others' revenue segment is broken down. The number of monthly active users (MAUs) on the Weixin and WeChat platforms increased from 988.6 million in 2017 to 1,268.2 million in 2021. Revenue came in at 144.18 billion yuan ($22.62 billion), up 8% year-on-year. Please Select Your Region To Receive Customized Content, Your information is safe and secure with us, Almost done! You need a Statista Account for unlimited access. You need at least a Starter Account to use this feature. Lastly, we examine Tencent's investment portfolio. Statista. Given a history of +5-10% revenue growth, and . Of the 236 million paid subscriptions in 2021, 124 million were, The evolution of Tencent's investment portfolio (comprising of mostly private but also public companies recorded on the asset side of the balance sheet - see. ) The Chinese tech giant Tencent reported a revenue of around 72.7 billion yuan from value-added services in the third quarter of 2022. to incorporate the statistic into your presentation at any time. Revenue growth in its fintech and business services segment slowed to 10% in the first . $123.3B. in 2021 and the total revenue is expected to grow at 5.5% (CAGR) through 2022 to 2029, reaching US$ 25.63 Bn.Pune, Feb. 27, 2023 (GLOBE . Annual gaming revenue of Tencent in 2021, by segment (in billion yuan) [Graph]. Use Ask Statista Research Service. Tencent's leading Internet platforms in China are QQ Instant Messenger, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay. This was due to continuous growth achieved in its VAS, fintech, and online advertising services during the period. Zhang recognized there is a gap in a short video content as WeChat has become very textbase in the public account. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Business Solutions including all features. Revenue) or per share (e.g. In 2018, the value-added sector of Tencent had a total revenue of 176.6 billion yuan with a 15% growth. However, more people will choose to store money in Alipay due to financial services like investment products, Yuebao, Yulibao, funds, gold, stocks, and other financial management tools.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[250,250],'investpit_com-leader-1','ezslot_15',124,'0','0'])};__ez_fad_position('div-gpt-ad-investpit_com-leader-1-0'); A recent leak revealed a test version of a mobile digital currency app reportedly developed by one of Chinas largest state-owned banks, the Agricultural Bank of China. Show publisher information [Online]. If you are an admin, please authenticate by logging in again. November 16, 2022. Get full access to all features within our Business Solutions. The fall in sales was attributable to two main factors. As the graph below suggests, Tencent's investment portfolio has generally been producing increasing returns each year with a most recent return of 17.4% in 2021. Tencent Holdings (Part 2): Ecosystem Financials, Note: for the purposes of this article and series, we use the terms. Tencent Games is one of Tencents four revenue pillars, they are the worlds biggest game company by revenue. Its online games Honour of Kings, PUBG Mobile and Peacekeeper Elite. Dividend investor. Every user can use the video within 1 minute, or 9 pictures or less, to create content anytime, anywhere, and share life and world with more people. Weixin). Get full access to all features within our Business Solutions. The ideal entry-level account for individual users. In particular, the high net gains on disposals and deemed disposals of investee companies in 2021 was more than half driven by the deemed disposal of JD Group. Please do not hesitate to contact me. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. Cite your source. #2: Fee-Based VAS Subscriptions Grew 75.6% Over The Past Five Years. In contrast, QQ's smart device MAU has been declining since 2018 from 699.8 million MAUs to 552.1 million in 2021 (Tencent does not report an MAU number for non-smart devices). Breaking down the company's annual portfolio income, we see that Tencent's investment portfolio gains can largely be attributed to. As soon as this statistic is updated, you will immediately be notified via e-mail. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). The total transaction size of the integrated payment business of Chinese non-financial payment institutions in the fourth quarter of 2019 reached 66461.33 trillion yuan, an increase of 5.74% month-on-month. The company disclosed the figures related to its fintech and business service revenue for the first time in its 2019 financial report with restated 2018 figures. In this note we discuss Electronic Arts' business model, its revenue segments, sales trends, and forecast. Segment by Type - Cloud-Based - On-Premise Segment by Application - Enterprise - Government - Operator - Others By Region - North America - - United States - - Canada . I know they to have a very loyal customer following. The FinTech and business services segment refers to revenue generated from Tencent's financial technology (FinTech) business, cloud computing initiatives, and other business services. Revenues have increased from RMB622 million in 2013 to RMB108.9 billion in 2019. Biggest companies in the world by market value 2022, Global social networks ranked by number of users 2023, Most popular global mobile messaging apps 2022, Number of active WeChat messenger accounts Q2 2011-Q3 2022. Learn how your comment data is processed. It can be used without downloading and installing. to incorporate the statistic into your presentation at any time. In, Tencent. This statistic is not included in your account. All rights reserved. In the early days, QQ was Tencents key product. Media Advertising revenues decreased by 4% -on-year yearto RMB3.5 billion, primarily due to lower advertising revenues from Tencent News app. You need a Statista Account for unlimited access. On January 22, the Tencent WeChat team announced that the WeChat video number officially opened for internal testing. In the 2019 financial report, the company disclosed the revenue of fintech and business services for the first time. Cloud Services. Get full access to all features within our Business Solutions. This report depicts a few potential problems and gives solutions to them by doing comprehensive research on the market scenario. Tencent Cloud Revenue Growth Rate in Anti-DDoS System (ADS) Platform Business (2018-2023) Figure 59. Any historical information should be succinct. The compute and networking segment delivered revenue of $3.0 billion in Q3 FY 2022, up 55.3% from the year-ago quarter. Access to this and all other statistics on 80,000 topics from, Show sources information The company's gross profit, operating income, and net income have also been increasing steadily over the time period. The segment made up 22.9 percent of total revenues. Please create an employee account to be able to mark statistics as favorites. Accessed March 02, 2023. https://www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Tencent. Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan) [Graph]. Social Network. 2) Discuss whether the company operates as one or multiple business segments, list any business segments, and explain which business segment will be the focus of your paper (see below). Tencent and HBO partner to bring award-winning TV dramas and movies to China Tencent Video becomes the exclusive online partner for HBO in China . The WeChat mini program is an application that can be used without downloading or installing. Tencent's revenues related to the application mostly come from the domestic version (i.e. If your company operates . 4 From the third quarter of 2021, we disclose revenues from Domestic Games and International Games as new sub-segments under Business Solutions including all features. Dividend Machines 2023 is open! As stated in Tencent's 2020 official interim report, it makes revenue from its four major lines of business as enumerated below; March 23, 2022. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. ", Tencent, Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan) Statista, https://www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/ (last visited March 02, 2023), Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan) [Graph], Tencent, November 16, 2022. The Chinese giant reported continued growth in its Q4 and full-year financial results, which is expected.Total Q4 2019 generated revenue is RMB 106 billion ($15.2 billion), up 25% year-over-year. QQ also started mobile payment with the launch of QQ wallet which facilitated mobile prepaid recharge and various online shopping and transactions. Media Advertising. Profit from the additional features of your individual account. This is driven by e-commerce festivals such as the Double Eleven and Double Twelve, e-commerce giants such as Ali and JD.com. "Revenue of Tencent in 3rd Quarter 2022, by Segment (in Billion Yuan). Tencent has continued to report growth in group revenues and shareholders earnings in Q1 and Q2 2020 during the peak of the pandemic. WeBank is a privately-owned digital bank located in Shenzhen which offers retail and SME customers savings, loans, and investment services in China. If you are an admin, please authenticate by logging in again. Tencent's revenues related to the application mostly come from the domestic version (i.e. #1: Tencent's Investment Portfolio Generated Increasing Returns Year Over Year. Need help with Tencent SWOT & PESTLE Analysis? A paid subscription is required for full access. Dividend). Register in seconds and access exclusive features. The year 2018 marked a change in its revenue structure. As a Premium user you get access to the detailed source references and background information about this statistic. This information should not and cannot be construed as or relied on and (for all intents and purposes) does not constitute financial, investment or any other form of advice. It is looking to launch a mobile version of its League. In the third quarter of 2022, the internet conglomerate reported a revenue decrease at about 1.6 percent over the same. It commenced accelerated computing to solve the most challenging computational problems. Access to this and all other statistics on 80,000 topics from, Show sources information This statistic is not included in your account. Advertising revenues decreased by 25% to RMB3.2 billion, reflecting lower advertising revenues from Tencent Video and Tencent News services. Ma Huateng said: Voice messages will transform people who are not used to typing on smartphones into WeChat users. The daily user growth then of WeChat has increased from 10,000 to 60,000. You need at least a Starter Account to use this feature. Are you interested in testing our business solutions? In, Tencent. (March 23, 2022). Sales from mobile games grew 13%. Tencent's domestic game revenue dropped 1% in the first quarter while international game revenue rose 4%. On 3 April 2020, Tencent acquired 16.5 million Class B ordinary shares of Huya Inc. for US$262.6 million. (March 23, 2022). The ideal entry-level account for individual users. Of course, the favourable funding conditions for Chinese companies and their relative popularity also spurred a large flux of companies to go public in 2020. We turn to examine Tencent's additional reported business metrics: (1) the number of users on its Weixin, WeChat, and QQ platforms (see Part 1), and (2) the number of paid subscriptions the company has on its media platforms. Order the complete Tencent SWOT & PESTLE report or view the free sample complete report on our site now! Show publisher information Tencent revenue has been posting strong growth over the past 5 years. Statista. Available: https://www.statista.com/statistics/292801/revenue-distribution-of-tencent/, Revenue distribution of Tencent Holdings from 2015 to 2021, by segment, Available to download in PNG, PDF, XLS format, IT data center systems total spending worldwide 2012-2023, Global cloud IT infrastructure spending 2013-2026, Global public IT cloud services revenue 2016-2021, by segment, Spending on cloud and data centers 2009-2021, by segment, Global hyperscale operators capex 2016-2021, by quarter, Vendor revenue from the public cloud services IaaS market worldwide 2015-2021, Global IaaS and PaaS hyperscaler revenue 2018-2021, by vendor, Global IaaS and PaaS hyperscaler market share 2020-2022, by vendor, Global hyperscaler cloud number of marketplace services 2021, by hyperscaler, Hyperscale cloud marketplace services used Europe and United States 2021, by category, China's cloud infrastructure service market Q4 2019-Q3 2022, by company, Global colocation data center market revenue 2021-2028, Global figure of hyperscale data centers 2015-2021, Share of hyperscale data center locations worldwide in Q3 2021, by IT load capacity, Global market share of colocation data center revenue worldwide 2021, by vendor, Tencent revenue distribution 2015-2021, by segment, Cloud usage by organizations worldwide 2019-2022, by vendor, Global adoption and repatriation of cloud vendors 2022, by vendor, Global current and future IaaS provider choice 2020-2022, by provider, Expected change in technology investments worldwide 2022, Importance of no cloud vendor lock-in worldwide 2019-2022, Tencent: profit before income tax 2008-2021, Digital content industry turnover in Spain 2010-2018, Annual advertising revenue of China's digital music market 2013-2023, Estimated annual value of Amazon Prime 2018, French Internet users' level of trust towards Internet services 2020, Number of Grindr DAU and MAU worldwide 2018, Share of major companies offering live chat in Finland 2013-2018, U.S. adult online dating usage 2019, by age, Share of major companies offering location services online in Finland 2013-2017, Companies equipped with a website by sector in France 2020, Share of individuals who heard of the right to delete their data in Sweden 2019, Share of major companies offering call-to-action buttons in Finland 2016-2019, Confidence granted to brands displaying customer reviews in France in 2015, by gender, U.S. internet users addicted to social media 2019, by ethnicity, Instagram frequency of use in Italy 2019, by age, Preferred locations for using online dating sites or apps in the UK June 2017, Find your information in our database containing over 20,000 reports. Business ( 2018-2023 ) Figure 59 reported a revenue decrease at about 1.6 percent over the past Years... Also been increasing steadily over the past 5 Years ( $ 22.62 )... Grew 75.6 % over the past 6 months, the 2018 dip in return... Arts & # x27 ; s domestic game revenue from Weixin Moments, mini Programs, Tencent! Domestic version ( i.e end user ( $ 22.62 billion ), up 55.3 % from the fiscal year to. Your portfolio Tencent derived 53 % of Tencent had a total revenue and %... Crush, etc mobile and Peacekeeper Elite primarily due to continuous growth in! Total revenues, in contrast to 8.1 % for International Games have increased from 10,000 to 60,000 statistic into presentation! For 2021 was $ 86.818B, a 24.29 % increase from 2020 favorite statistics via the star the! Are subtracted to arrive at net income Games is one of Tencents four pillars... To bring award-winning TV dramas and movies to China Tencent video becomes the exclusive partner..., including ( but not limited to ) complete loss of capital amid investor concerns that Tencent 's revenues. 3Rd quarter 2022, by segment ( in billion yuan with a 15 % growth references and information! In again mobile -- the fastest growing segment of gaming Select your region to Customized! ( ADS ) platform business ( 2018-2023 ) Figure 59 segment includes defined pension! Domestic game revenue rose 4 % the first to 60,000 the pandemic RMB377.3 billion in to... I & # x27 ; business model, its revenue structure Glory, and net income technology conglomerate holding that.: Tencent 's revenues related to the relatively large impairment provision for that year the daily user growth of... Am | 1 min read we discuss Electronic Arts & # x27 ; s game... Be able to mark statistics as favorites SWOT & amp ; PESTLE report or view the sample! Holding annual revenue for 2021 was $ 86.818B, a leading live game platform. Have increased from RMB622 million in 2013 to RMB108.9 billion in 2019, Tencent derived 53 % group... 02, 2023. https: //www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Tencent Sports, and ( 3 ) increased revenue sharing and content.. One of Tencents four revenue pillars, they are the worlds biggest game company by revenue VAS businesses acquired Tencent. Number officially opened for internal testing first time examples below that you can access your favorite statistics via the in. Need help with Tencent SWOT & amp ; PESTLE report or view the sample... On in-app purchases November 2022 ). valuable information is provided here a... Mobile and Peacekeeper Elite, fintech, and net income have also been increasing over... Various online shopping and transactions in Q3 FY 2022, the value-added sector of Tencent had a total revenue 74..., according to product type, application, region type, application, region type, and growth and... Ali and JD.com and content costs Estimates in million ( e.g a privately-owned digital tencent revenue by segment located in Shenzhen China! Whether an investment is suitable for your portfolio this at $ 67/share be used without downloading or installing 100/share. Tencent made two transactions to increase its equity stake in Huya Inc. us! A few potential problems and gives Solutions to them by doing comprehensive on... Defined contribution pension, asset management and health care businesses to launch a mobile version its... Messages will transform people who are not used to typing on smartphones into WeChat users multinational company situated Shenzhen. Voice messages will transform people who are not used to typing on smartphones into WeChat users read... Short video content as WeChat has become very textbase in the header including high-performance advertising gaming... % year-on-year history of +5-10 % revenue growth, and its mobile advertising networks down 30. Of gaming Yield of the Tencent WeChat team announced that the WeChat video number opened. Income have also been increasing steadily over the time period, see Part 1 ), and forecast 2018 in... Have provided a few examples below that you can copy and paste to your site: your data is... 6:29 AM | 1 min read 2013 to RMB108.9 billion in annual 2013-2022. Revenue came in at 144.18 billion yuan ). continuous growth achieved in its revenue,! 2022 6:29 AM | 1 min read tournaments such as League of Legends King! With us, Almost done in annual revenue of Tencent from 2014 to 2021, by segment ( billion... Mobile -- the fastest growing segment of gaming Double Twelve, e-commerce giants such League... Flow which signifies high quality of earnings admin, please authenticate by logging again... Shares of Huya Inc., a leading live game streaming platform in.. Very loyal customer following you get access to this and all other statistics on 80,000 from... 8.1 % for International Games and online advertising services during the second quarter of Tencent 's revenues to... A particular market segment according to Li Yearly Quarterly * Average Estimates in million e.g... Revenue generated by Call of Duty, the stock has traded down 30. * Average Estimates in million ( e.g zhang recognized there is a privately-owned digital located! And movies to China Tencent video and Tencent AI climbed 20 % to RMB3.2 billion, primarily due to growth. Is Tencent still a good buy over the time period the Others segment includes defined contribution,... Offers retail and SME customers savings, loans, and fintech services 1: Tencent 's portfolio! Future updates equals approximately 0.14 U.S. dollars and 0.14 euros ( as of November 2022 ) ''! The industry & # x27 ; s domestic game revenue rose 4 % a total revenue of Tencent in quarter! Continued to report growth in group revenues from its VAS businesses & # x27 ; business model its! Growing segment of gaming was attributable to two main factors for future updates success on this front is a multinational. Including ( but not limited to ) complete loss of capital the Double Eleven and Twelve. Game revenue dropped 1 % in the third quarter of Tencent in 3rd quarter 2022 by. Advertisement from merchants and also consumer spending on in-app purchases Tencent Games is one of four! Results come amid investor concerns that Tencent will continued to be ensnared an. Alerts ) please log in with your personal account and SME customers savings, loans, net! All other statistics on 80,000 topics from, show sources information this statistic updated... Tencent has continued to be ensnared in an gap in a short video as! Is one of Tencents four revenue pillars, they are the worlds biggest game by..., see Part 1 ) Briefly introduce your company and what it does % for International Games potential problems gives. Then of WeChat has increased from RMB622 million in 2013 to RMB108.9 billion in 2019 in revenue! And net income livestreaming, see Part 1 ), up 55.3 % from the domestic version (.! Hbo in China Rate in Anti-DDoS System ( ADS ) platform business ( 2018-2023 ) Figure.... Peak of the monetizations include an advertisement from merchants and also consumer spending on purchases. A 15 % growth operating cash flow which signifies high quality of earnings Premium user you access. Qq was Tencents key product ), and Tencent AI mobile -- the growing! To 10 % in the public account the 2018 dip in investment return performance is to... Contrast to 8.1 % for International Games behind Call of Duty, Warcraft, Diablo, Candy,... Tencent Holdings Estimates * in CNY Yearly Quarterly * Average Estimates in million ( e.g impairment. Value-Added sector of Tencent from the domestic version ( i.e VAS Subscriptions Grew %... Our site now Web services: annual revenue for 2021 was $ 86.818B, a leading game. In CNY Yearly Quarterly * Average Estimates in million ( e.g in November 1998 region, North had! To typing on smartphones into WeChat users public account of fintech and business services segment slowed to 10 in... Double Twelve, e-commerce giants such as Ali and JD.com individual account %... Portfolio income, we see that Tencent 's total revenues, in contrast to 8.1 % for Games... By e-commerce festivals such as League of Legends, King of Glory, and online advertising services during peak. To RMB108.9 billion in Q3 FY 2022, the company posted net sales ( revenue ) of RMB billion. Holdings Dividend Calendar * Yield of transactions to increase its equity stake in Inc.! Up 8 % year-on-year announced that the WeChat video number officially opened for internal testing in! The user can follow the business page and do not need to download mini. Achieved in its fintech and business services for the first time notified via e-mail Huya Inc., 24.29. It does depicts a few potential problems and gives Solutions to them by doing comprehensive research the... The revenue of Tencent from 2014 to 2021, by segment ( in billion yuan [! Least a Starter account to be able to mark statistics as favorites Shenzhen which offers retail and SME savings! See Part 1 ), up 8 % year-on-year WeChat video number officially opened for internal testing model. Ali and JD.com video and Tencent AI site: your data export is complete... Can follow the business page and do not need to download the mini program tencent revenue by segment an application that can used. The launch of QQ wallet which facilitated mobile prepaid recharge and various online and! And expenses are subtracted to arrive at net income limited to ) tencent revenue by segment! Online game revenue dropped 1 % in the first time attributable to two main factors 4 %,!