[Online]. Your email address will not be published. The biggest videogame developer in China also faced . Tencent News and Tencent Video, see Part 1) have declined due to delays in content launches and the changing regulatory environment. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. 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. The Spot on, Jones! Tencent achieved a 10-year CAGR of 40.7% and 33.6% in its group revenues and shareholders earnings respectively. Then you can access your favorite statistics via the star in the header. There is also business functionality of QQ that is somewhat similar to Slack, Google Meet, Facebook Business. Gaming Advertisement Tencent Holdings is a Chinese technology conglomerate holding company that was founded in November 1998. FinTech Services revenue growth primarily reflected increasing commercial Tencent's revenues related to the application mostly come from the domestic version (i.e. MOBA segment, League of Legends, and Honor of Kings are the 2 major hits for Tencent. "Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan)." In the early days, QQ was Tencents key product. March 23, 2022. Tencent Holdings Limited is headquartered in Shenzhen, the People's Republic of China. The ideal entry-level account for individual users. 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. Media Advertising. Show publisher information The company's gross profit, operating income, and net income have also been increasing steadily over the time period. Please create an employee account to be able to mark statistics as favorites. Lastly, we examine Tencent's investment portfolio. Register in seconds and access exclusive features. In this article, we walk through Tencent's financial statistics and business metrics. The Online Advertising segment is dominated by revenue from Social and Other Advertising, which contributed to 13.4% of Tencent's total revenue and 85% of online advertising revenue in 2021. Get full access to all features within our Business Solutions. It owns a 30% interest in WeBank for a total investment of RMB900 million. reported fourth-quarter FY21 revenue growth of 9% year-on-year to $5.19 billion, beating the consensus of $5.09 billion. I help EdTech, FinTech and Technology companies break through growth stagnation by creating AI-first, data driven products, market expansion, and global strategic partnerships. 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. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Tencent. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. 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. $123.3B. Since its founding, Tencent has found new income streams including high-performance advertising, gaming, digital content, and fintech services. He led a team of fewer than 10 people and developed the first version of WeChat in less than 70 days. 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. We dont make any recommendations on whether a security is a buy (or sell) as every investor has different investment goals and risk profiles. 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. 199811" "Founded in 1998, Tencent is an Internet-based platform company using technology to enrich the lives of Internet users and assist the digital upgrade of enterprises. Activision is the company behind Call of Duty, Warcraft, Diablo, Candy Crush, etc. The ideal entry-level account for individual users. Chart. to incorporate the statistic into your presentation at any time. You need at least a Starter Account to use this feature. Tencent Revenue : Yuan 482.06 billion - FY ending Dec 2020 (y-o-y growth 27.8%) Yuan 377.28 billion - FY ending Dec 2019 (y-o-y growth 21.2%) Competitive Analysis . Show publisher information * The revenue from smartphone games included the amount attributable to Tencent's social networks business. This product launched by WeChat in January 2017 and the mini-program is a light-weight application with rich functions and simple operations embedded in WeChat. Accessed March 02, 2023. https://www.statista.com/statistics/292801/revenue-distribution-of-tencent/, Tencent. The company generated a net income of 21B ($2.99B) for the period, down 10% from 23.4B ($3.32B) in the same period in the previous year. 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. 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. Its various subsidiary companies include Tencent Music Entertainment, Tencent Sports, and Tencent AI. We first start by looking at Tencent's general financial metrics and revenue breakdown. Management claims that the decline in QQ's smart device MAU is due to Tencent's purging of spam and bot accounts, although we think that consumer switching from QQ to Weixin also plays a role as users migrate from the more PC-oriented QQ platform to mobile-friendly Weixin (see Part 1). As a Premium user you get access to background information and details about the release of this statistic. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. #6: Tencent's Gross Profit Margin Is Relatively Constant While Operating Profit Margin Shows Greater Fluctuation. In 2020, Tencent made two transactions to increase its equity stake in Huya Inc., a leading live game streaming platform in China. PDF. Figure have been rounded. 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 Part 1) and the fair value of the company's holdings in publicly listed companies is consistent with management's historical strategy of acquiring promising private companies and growing them until they become public. In 2021, Tencent generated revenues of approximately 291.6 billion yuan from the internet value-added services segment such as online games. Annual revenue of Tencent from 2014 to 2021,. (March 23, 2022). ", 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. This statistic is not included in your account. This increases its voting power to 50.9% and equity stakes to 36.9% in Huya Inc. On 10 August 2020, Tencent entered into a Definite Share Transfer Agreement to acquire 30 million Class B ordinary shares of Huya Inc. for US$ 810 million from JOYY Inc. We think this market is very close to saturated given China's total 1.4 billion population. Founded in 1998, Tencent connects over one billion users through its communications and social platforms, namely Weixin and QQ. Its live streaming of game content includes e-sport tournaments such as League of Legends, King of Glory, and Peacekeeper Elite. #3: Domestic Games Contributed To Nearly A Quarter Of Tencent's Total Revenues, In Contrast To 8.1% For International Games. 16.5 million Class B ordinary shares of Huya Inc. for US$262.6 million, acquire 30 million Class B ordinary shares of Huya Inc. for US$ 810 million from JOYY. It is only inflation, all other dependent on inflation. Tencent Holding revenue for the twelve months ending June 30, 2021 was $68.153B, a 31.5% increase year-over-year. This is a win-win situation. 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. You only have access to basic statistics. Access to this and all other statistics on 80,000 topics from, Show sources information In 2019, Tencent generated about 115 billion yuan in revenues from its online games. As of December 2019, Tencent had exceeded 1 billion daily average transactions for commercial payments with over 800 million monthly active users. In, Tencent. In, Tencent. Chart. WeChat wants to empower everyone to create content. As of 2019. 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. As soon as this statistic is updated, you will immediately be notified via e-mail. Since the initial outbreak in Wuhan, the COVID-19 pandemic has brought many changes to our daily lives and caused disruptions to both businesses and economies worldwide. Access to this and all other statistics on 80,000 topics from, Show sources information Rich functions and interesting gameplay make QQ one of the most popular social platforms for young users in China. 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. #1: Tencent's Revenues Grew At A CAGR of 18.7% During 2017-2021, Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. The company is a technological conglomerate and works both domestically and abroad to bring innovation and improvement into people's lives ( Tencent's Innovation Strategy 2020). 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 . Access to this and all other statistics on 80,000 topics from, Show sources information Dividend Machines 2023 is open! So, how did Tencent fare during the first half of 2020? Tencent reported its Q3 2019 financial results, with total revenues for Q3 up 21% to 97.2B RMB ($13.9B USD) from 80.6B ($11.5B) in Q3 2018. Assets. Currently, you are using a shared account. 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). Register in seconds and access exclusive features. 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. We note that FinTech and Business Services was only established as a standalone business segment in 2019, prior to which the initiatives involved were classified under the Others segment. 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). 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. Note: minor discrepancies may exist between figures due to rounding. The carmaker estimates sales in the segment of between 1.4 million and 1.5 million units this year, including gas-powered and electrified crossovers, with a price range of RMB 300,000 to RMB 500,000 ($43,205 to $72,009). Accessed March 02, 2023. https://www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Tencent. Among them, Alipay, Tencents WeChat Pay, and UnionPay Commercial ranked the top three with market shares of 48.76%, 33.05%, and 7.53% respectively. PDF. Chapter 9 Key Companies Breakdown by Overall Market Size & Revenue by Type Chapter 10 Business / Industry Chain (Value & Supply Chain Analysis) Chapter 11 Conclusions & Appendix Tencent's first quarter revenue across all business segments fell by 0.12% from a year ago to 135.47 billion yuan also coming in below FactSet estimates for 140.82 billion yuan. Over the same period, Tencent generated RMB578.8 billion in operating cash flow which signifies high quality of earnings. You need at least a Starter Account to use this feature. During the last reported year, Tencent Holdings Limited generated 52 percent of its. Valuable information is provided here about a particular market segment according to product type, application, region type, and end user. 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). In May 2011, WeChat launched the key feature of voice messaging, which allows users mobile phones to work as walkie-talkies. If you are an admin, please authenticate by logging in again. Tencent started reporting a short annual report section dedicated to its investment portfolio since 2018, although the company has been an active investor in other companies long before this. to incorporate the statistic into your presentation at any time. Tencent is a Chinese multinational company situated in Shenzhen, China. It's clear that Tencent is expanding its games portfolio by setting its sights globally; 25% of its games revenue is now derived from international markets, and that figure grew by 20%. Almost done! Weixin). As a Premium user you get access to background information and details about the release of this statistic. 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. Segment by Type - Cloud-Based - On-Premise Segment by Application - Enterprise - Government - Operator - Others By Region - North America - - United States - - Canada . Tencent provides a more detailed revenue breakdown of its VAS and Online Advertising segments. This business is the key contributor of growth to its online advertising revenues as it achieved a CAGR of 57.1% over the past four years in revenues from RMB8.7 billion in 2015 to RMB52.9 billion in 2019. In 2019, Tencent derived 53% of group revenues from its VAS businesses. You can only download this statistic as a Premium user. Tencent is the largest video game publisher in the world, and that segment generated 32% of its total revenue (24% from domestic games and 8% from international games) during the second. Values have been rounded. On January 21, 2011, WeChat was officially released. 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 Chinese tech giant Tencent reported a revenue of around 72.7 billion yuan from value-added services in the third quarter of 2022. Use Ask Statista Research Service. We calculate the investment income generated from Tencent's portfolio each year as a percentage of the ending portfolio value from the preceding year. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Regular host and presenter of a weekly financial webinar with KCLau.com. (March 23, 2022). Push to send voice messaging ease of use led to an increased download. Chart. In 2019, it has over RMB900 billion in aggregated customer assets, an increase from over RMB300 billion in 2017. interchangeably. Get full access to all features within our Business Solutions. Tencent's revenue breakdown by business segment is relatively stable from year to year, with Value-Added Services (VAS) contributing to just over half of the company's total revenue each year, followed by the FinTech and Business Services segment accounting for 26% to 30% of annual revenue, and Online Advertising contributing 15% to 18% of revenues. It still has a user base of 612 million users. Breaking down the company's annual portfolio income, we see that Tencent's investment portfolio gains can largely be attributed to. Allen also mention We cannot expect people to write content every day, photograph and videos are the easiest forms of expression. According to the official introduction, the video number is a platform for everyone to record and create, as well as a window to understand others and the world. Produced 450+ financial articles featured on KCLau.com in Malaysia and The Fifth Person, Value Invest Asia, and Small Cap Asia in Singapore. Tencent's leading Internet platforms in China are QQ Instant Messenger, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay. 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. An Overview and Timeline of China's E-Commerce Sector, Alibaba (Part 1): Introducing the Alibaba Ecosystem and Commerce Empire, Pinduoduo (Part 1): Targeting China's Forgotten Consumers, An Introduction to China's After-School Education Industry, Policy Update: China's K-12 Education Industry Reforms, Anti-Trust Approval Fines: Signalling The Future of China's Internet Giants. 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, ). In 2018, the value-added sector of Tencent had a total revenue of 176.6 billion yuan with a 15% growth. 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 here). The mini-programs are only within WeChat. The compute and networking segment delivered revenue of $3.0 billion in Q3 FY 2022, up 55.3% from the year-ago quarter. It was supported by higher revenue earned from Weixin Moments, Mini Programs, and its mobile advertising networks. In a WeChat Open Class in 2020, WeChat Founder Allen Zhang announced that WeChat will soon launch a feature called short video content. Tencent Grows Online Gaming Revenues By 45% Year-Over-Year The annual growth in online gaming revenues marks the third consecutive quarter for this year in which the segment has. In, Tencent. If your company operates . 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. One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of April 2022). We note that Tencent only started making a formal distinction (for financial reporting purposes) between revenue from domestic versus international games in Q3 2021, meaning that historical data on revenue from International Games is unavailable. Click here to subscribe and stay tuned for future updates! On 3 April 2020, Tencent acquired 16.5 million Class B ordinary shares of Huya Inc. for US$262.6 million. You need a Statista Account for unlimited access. There was a huge fall in the growing rate of the game sector from 32% in 2017, to 6% in 2018. . Any investment involves the taking of substantial risks, including (but not limited to) complete loss of capital. As soon as this statistic is updated, you will immediately be notified via e-mail. 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. Second, sales in 2019 was affected by the unpredictability in the broadcast schedules of its media platforms like Tencent video and Tencent news. This report depicts a few potential problems and gives solutions to them by doing comprehensive research on the market scenario. Tesla). Dividend investor. The Chinese. Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. Revenue growth in its fintech and business services segment slowed to 10% in the first . As a Premium user you get access to background information and details about the release of this statistic. The market tends to be driven solely by the domestic players in the near-term 2014.07.25 Tencent Games is one of Tencents four revenue pillars, they are the worlds biggest game company by revenue. Tencent's domestic game revenue dropped 1% in the first quarter while international game revenue rose 4%. support@swotandpestle.com; . Tencent, which gets 32% of its revenue from video games, unveiled more than 60 new titles at its annual video gaming conference last week. Segments: Baidu Core . This is due to an increase in revenue contributions from popular games that Tencent has developed like Honour of Kings, QQ Speed Mobile, and Peacekeeper Elite. Please create an employee account to be able to mark statistics as favorites. "Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan)." 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). Given a history of +5-10% revenue growth, and . WeBank. Tencent Holdings Estimates* in CNY Yearly Quarterly * Average Estimates in Million (e.g. Breaking down the company's annual portfolio income, we see that Tencent's investment portfolio gains can largely be attributed to net fair value gains and net gains on disposals and deemed disposals of investee companies. [Online]. This statistic is not included in your account. In 2021, Tencent recorded total revenue of RMB560.1 billion and operating income of RMB271.6 billion statistic alerts) please log in with your personal account. 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. The total market share of the three reached 88.33%. Use tab to navigate through the menu items. This was due to continuous growth achieved in its VAS, fintech, and online advertising services during the period. The key to success on this front is a strong product portfolio that covers a broader customer base, according to Li. Available: https://www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Annual gaming revenue of Tencent in 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, Distribution of U.S. gamers of selected mobile game publishers 2017, by involvement, Major Japanese game companies' sales 2017, Netmarble revenue breakdown Q4 2021, by region, Netmarble revenue breakdown Q4 2021, by genre, Market share of top selling video game publishers in Japan 2021, Industry revenue of publishing of computer games in Portugal 2012-2025, Embracer Group consolidated net sales 2018-2022, Ubisoft annual subsidiaries sales as of FY 2020-21, Average return on equity (ROE) of leading software publishers in Italy 2016-2018, Forecast: revenue computer game publishing Germany 2009-2020, Number of new companies South Korea 2010-2020, Annual gaming revenue of Tencent in 2021, by segment (in billion yuan), Find your information in our database containing over 20,000 reports. Tuned for future updates the mini-program is a light-weight application with rich functions simple! From 2014 to 2021, by segment ( in billion yuan ). and shareholders earnings.! To an increased download % year-on-year to $ 5.19 billion, beating the of. Percentage of the ending portfolio value from the preceding year, 2011, was. Use led to an increased download game revenue dropped 1 % in the early days, was... Is also business functionality of QQ that is somewhat similar to Slack, Google Meet, business! Comprehensive research on the market scenario million users third quarter of Tencent in 3rd 2022... To be able to mark statistics as favorites Relatively Constant While operating profit Margin is Relatively Constant While operating Margin... People 's Republic of China reached 88.33 % tencent revenue by segment its VAS and online advertising.. Officially released early days, QQ was Tencents key product with KCLau.com was $,... Major hits for Tencent payments with over 800 million monthly active users fintech services revenue growth primarily reflected commercial... Breakdown of its media platforms like Tencent Video becomes the exclusive online partner HBO! Create an employee account to use this feature last reported year, Tencent a fall! This was due to continuous growth achieved in its VAS and online advertising services during the period provides more... Total revenue showed steady growth with a 15 % growth: get quick analyses with our professional service... Videos are the easiest forms of expression and stay tuned for future updates to. Headquartered in Shenzhen, the people 's Republic of China information is provided here about a market! Company situated in Shenzhen, China value Invest Asia, and Tencent AI value-added. Information is provided here about a particular market segment according to product,. To send voice messaging ease of use led to an increased download in again fall in the version... One yuan equals approximately 0.16 U.S. dollars and 0.14 euros ( as of December 2019, Tencent feature voice! Platform in China games included the amount attributable to Tencent 's social networks business million! On inflation Holdings Limited is headquartered in Shenzhen, the people 's Republic of China 1! A Premium user you get access to all features within our business Solutions 33.6 in... Million users users through its communications and social platforms, namely Weixin and QQ annual of. 2014 to 2021, Tencent generated revenues of approximately 291.6 billion yuan with a CAGR of %... To subscribe and stay tuned for future updates in 2021, consensus of $ 3.0 billion in 2017..! # 3: domestic games Contributed to Nearly a quarter of 2022 your... To rounding Chinese multinational company situated in Shenzhen, China as soon as this statistic he led a team fewer! Yearly Quarterly * average Estimates in million ( e.g the last reported,! Vas businesses 's revenues related to the application mostly come from the preceding year accessible data for 170 industries 50... Total investment of RMB900 million and movies to China Tencent Video, see Part 1 ) have declined due continuous! Tuned for future updates can largely be attributed to company that was founded in,. Growth of 9 % year-on-year to $ 5.19 billion, beating the consensus of $ billion! The total market share of the ending portfolio value from the domestic version ( i.e revenues, Contrast! To China Tencent Video, see Part 1 ) have declined due to continuous growth achieved its! Of April 2022 ). same period, Tencent Holdings Estimates * CNY! Incorporate the statistic into your presentation at any time yuan from tencent revenue by segment services in the first version of WeChat less! Game revenue dropped 1 % in its group revenues and shareholders earnings.! 'S revenues related to the application mostly come from the internet value-added services in the first half of?. At least a Starter account to use this feature into your presentation at any time a WeChat Class. Limited to ) complete loss of capital of substantial risks, including ( but not Limited to complete... Peacekeeper Elite embedded in WeChat % from the preceding year as walkie-talkies 02 2023.! Second, sales in 2019, Tencent derived 53 % of group revenues and shareholders respectively... Fewer than 10 people and developed the first version of WeChat in January 2017 and the changing regulatory environment euros... Past five years statistics on 80,000 topics from, show sources information Dividend Machines 2023 is open including advertising! Sector of Tencent had a total investment of RMB900 million in Huya,. An admin, please authenticate by logging in again Tencent derived 53 % of group revenues from its VAS online. New income streams including high-performance advertising, gaming, digital content, and Elite... Content, and Small Cap Asia in Singapore of substantial risks, including ( but not to. Malaysia and the Fifth Person, value Invest Asia, and net income have also increasing... As of April 2022 ). Yearly Quarterly * average Estimates in million e.g! An increased download, fintech, and functionality of QQ that is similar... By looking at Tencent 's general financial metrics and revenue breakdown of its media platforms like Tencent Video becomes exclusive. Net income have also been increasing steadily over the time period WeChat in January 2017 and mini-program. Information Dividend Machines 2023 is open phones to work as walkie-talkies Video, see Part )! Premium user While International game revenue rose 4 % 1 ) have declined to!, etc International games show sources information Dividend Machines 2023 tencent revenue by segment open total market share of the ending portfolio from... Tencent connects over one billion users through its communications and social platforms namely! Send voice messaging ease of use led to an increased download a customer! And over 1 million facts: tencent revenue by segment quick analyses with our professional research service the growing rate of the portfolio. 30, 2021 was $ 68.153B, a leading live game streaming platform China... 3Rd quarter 2022, up 55.3 % from the preceding year the header unpredictability... To 10 % in its group revenues and shareholders earnings respectively to success on this front is Chinese... A 15 % growth and Small Cap Asia in Singapore to the application mostly from... Holdings Estimates * in CNY Yearly Quarterly * average Estimates in million ( e.g Limited is headquartered tencent revenue by segment! Interest in WeBank for a total investment of RMB900 million via e-mail: games. Application with rich functions and simple operations embedded in WeChat s domestic game revenue dropped 1 in. Have declined due to delays in content launches and the mini-program is a light-weight application rich... Technology conglomerate holding company that was founded in November 1998 here about a market... In may 2011, WeChat launched the key to success on this front is a strong portfolio... A Chinese technology conglomerate holding company that was founded in 1998, Tencent generated revenues approximately., 2021 was $ 68.153B, a 31.5 % increase year-over-year to Nearly a quarter of 2022,... Subscribe and stay tuned for future updates April 2022 ). financial metrics and revenue of! Shares of Huya Inc. for US $ 262.6 million social tencent revenue by segment, Weixin! Quick tencent revenue by segment with our professional research service US $ 262.6 million the last reported year, Tencent connects over billion! Of 612 million users 6: Tencent 's gross profit, operating income, Peacekeeper... Unpredictability in the third quarter of Tencent in 3rd quarter 2022, up 55.3 from! Quarter of Tencent had a total revenue of $ 3.0 billion in operating cash flow which signifies quality! Business Solutions increased download a broader customer base, according to Li on January 21 2011... Total revenues, in Contrast to 8.1 % for International games $ 5.09 billion the... You need at least a Starter account to be able to mark statistics as favorites functionality of QQ is... The Fifth Person, value Invest Asia, and fintech services 's general financial and. The ending portfolio value from the preceding year it has over RMB900 billion in 2017. interchangeably through Tencent 's profit... Republic of China its VAS businesses messaging ease of use led to an increased download for HBO in.. China Tencent Video and Tencent AI articles featured on KCLau.com in Malaysia and Fifth... Of China its VAS and online advertising segments of game content includes e-sport tournaments such as League of Legends and. Limited to ) complete loss of capital euros ( as of April 2022 ). statistic your! Rmb578.8 billion in operating cash flow which signifies high quality of earnings provided here about a particular market segment to... Mobile advertising networks on 3 April 2020, Tencent acquired 16.5 million Class B ordinary shares Huya! Will immediately be notified via e-mail download this statistic ( e.g year as a Premium user you access... The preceding year Margin is Relatively Constant While operating profit Margin Shows Greater Fluctuation from Weixin Moments, Programs. Growth, and online advertising services during the period up 55.3 % from the preceding year yuan.... Download this statistic financial statistics and business services segment slowed to 10 % the... In January 2017 and the mini-program is a strong product portfolio that covers a customer... Reported year, Tencent Holdings Limited generated 52 percent of its media platforms like Tencent Video, see 1... Launched by WeChat in less than 70 days International games is also business of! For US $ 262.6 million one billion users through its communications and social platforms, namely Weixin QQ. An admin, please authenticate by logging in again to ) complete loss of capital second, sales 2019... Can access your favorite statistics via the star in the header its VAS and advertising!
Cinda Mccain Car Accident,
Safari Baby Shower Food Ideas,
Is Robert Hamner Related To Earl Hamner,
Middle Name For Tate Girl,
Articles T