You need at least a Starter Account to use this feature. Are you interested in testing our business solutions? Its largest segment is Services, which accounted for 68% of total revenues in fiscal 2019. Annual gaming revenue of Tencent in 2021, by segment (in billion yuan) [Graph]. As soon as this statistic is updated, you will immediately be notified via e-mail. Profit from the additional features of your individual account. 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. It was supported by higher revenue earned from Weixin Moments, Mini Programs, and its mobile advertising networks. "Annual Revenue of Tencent from 2014 to 2021, by Segment (in Billion Yuan). Indeed, we see that the fair value of Tencent's holdings in publicly listed companies was initially lower than the value of its investment portfolio until 2019, during which the two converged and the fair value of public holdings eventually exceeded Tencent's balance sheet portfolio amount in subsequent years. Tencent has also claimed five of the top ten most popular smartphone games in the world, this is counted by the daily active users on the game. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. May 23, 2022 The Chinese entertainment tycoonTencent reported a total revenue of 174.3 billion yuan from online games in 2021. Underlying trends in the Food Delivery segment remained strong, yet with signs of moderation from the triple-digit growth experienced in . Tencents business is very diversified. Please do not hesitate to contact me. This statistic is not included in your account. This is a win-win situation. . As of 23 November 2020, Tencents market capitalisation stood at HK$5.6 trillion. A paid subscription is required for full access. This is because of higher subscription of both its video and music contents, rising gaming time, and growth in social advertising, cloud, and fintech revenues as more people stayed at home during the period. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Ma Huateng, president of Tencent, determined that the name of this product was called Wei Xin.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[120,600],'investpit_com-medrectangle-4','ezslot_7',119,'0','0'])};__ez_fad_position('div-gpt-ad-investpit_com-medrectangle-4-0');if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[120,600],'investpit_com-medrectangle-4','ezslot_8',119,'0','1'])};__ez_fad_position('div-gpt-ad-investpit_com-medrectangle-4-0_1'); .medrectangle-4-multi-119{border:none !important;display:block !important;float:none !important;line-height:0px;margin-bottom:15px !important;margin-left:auto !important;margin-right:auto !important;margin-top:15px !important;max-width:100% !important;min-height:600px;padding:0;text-align:center !important;}. Your email address will not be published. Access to this and all other statistics on 80,000 topics from, Show sources information Revenue) or per share (e.g. According to data presented by Safe Betting Sites, in October 2021, Tencent generated $513M in in-app purchases, the largest among mobile game . 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, 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. The compute and networking segment delivered revenue of $3.0 billion in Q3 FY 2022, up 55.3% from the year-ago quarter. 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. 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. Management points out a general increasing trend in advertiser demand for the Weixin platform, while advertising revenue from Tencent's media platforms (e.g. WeBank is a privately-owned digital bank located in Shenzhen which offers retail and SME customers savings, loans, and investment services in China. In the fourth quarter of 2019, overseas gaming revenue has more than doubled year-on-year and accounted for 23% of online game revenue. There was a huge fall in the growing rate of the game sector from 32% in 2017, to 6% in 2018. As stated in Tencent's 2020 official interim report, it makes revenue from its four major lines of business as enumerated below; PDF. Merchants increase channels and sales, and users are more convenient. Lastly, we examine Tencent's investment portfolio. It owns a 30% interest in WeBank for a total investment of RMB900 million. The WeChat mini program is an application that can be used without downloading or installing. Tencent achieved a 10-year CAGR of 40.7% and 33.6% in its group revenues and shareholders earnings respectively. This was due to continuous growth achieved in its VAS, fintech, and online advertising services during the period. Please create an employee account to be able to mark statistics as favorites. 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). Valuable information is provided here about a particular market segment according to product type, application, region type, and end user. In contrast, International Games accounted for 8.1% of total revenue and 26% of gaming segment revenue the same year. For businesses who need money for cash flow, and also those who need a home loan, you can get it through QQ at rong360 in China. Nvidia Corporation is an American multinational technology company. Then you can access your favorite statistics via the star in the header. Note: for the purposes of this article and series, we use the terms Weixin and WeChat interchangeably. Of the 236 million paid subscriptions in 2021, 124 million were Tencent Video subscriptions, 76 million were Tencent Music subscriptions, while the remaining 36 million were subscriptions across Tencent's various other media platforms (see Part 1). This statistic is not included in your account. To use individual functions (e.g., mark statistics as favourites, set In 2014, Tencent established WeBank together with other investors, namely Liye Group and Baiyeyuan. Learn more about how Statista can support your business. You need a Statista Account for unlimited access. sail past the $1.5 billion in annual revenue generated by Call of Duty, the industry's top-selling game . Likewise, the large drop in fair value of listed shares in 2021 is presumably due to the tumble in Chinese stocks following the year's eventful regulatory developments. 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. All rights reserved. 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. As a Premium user you get access to background information and details about the release of this statistic. Need help with Tencent SWOT & PESTLE Analysis? Figure have been rounded. Weixin). November 16, 2022. In 2019, these businesses contributed 28.9% of group revenues to Tencent. 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. Financial content machine. 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. Please create an employee account to be able to mark statistics as favorites. statistic alerts) please log in with your personal account. As a Premium user you get access to the detailed source references and background information about this statistic. Its online games Honour of Kings, PUBG Mobile and Peacekeeper Elite. Comparing the five REIT ETFs listed in Singapore: Which should you pick? In 2021 the company made a revenue of $86.61 B an increase over the years 2020 revenue that were of $70.35 B .The revenue is the total amount of income that a company generates by the sale of goods or services. As a Premium user you get access to background information and details about the release of this statistic. #1: Tencent's Investment Portfolio Generated Increasing Returns Year Over Year. Please complete this form and click the button below to subscribe. Statista. We dont make any recommendations on whether a security is a buy (or sell) as every investor has different investment goals and risk profiles. Tencent achieved a CAGR of 23.7% over the past six years in Gaming revenues, up from RMB32.0 billion in 2013 to RMB114.7 billion in 2019. Revenue came in at 144.18 billion yuan ($22.62 billion), up 8% year-on-year. I know they to have a very loyal customer following. "Revenue Distribution of Tencent Holdings from 2015 to 2021, by Segment. In, Tencent. In, Tencent. To use individual functions (e.g., mark statistics as favourites, set In 2020, Tencent made two transactions to increase its equity stake in Huya Inc., a leading live game streaming platform in China. The ideal entry-level account for individual users. 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. Its online games Honour of Kings, PUBG Mobile, and. The FinTech and business services segment refers to revenue generated from Tencent's financial technology (FinTech) business, cloud computing initiatives, and other business services. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. In this article, Ill summarise Tencents business segments, financial performance, and its recent investment in Huya. Tencent Cloud Revenue Growth Rate in Anti-DDoS System (ADS) Platform Business (2018-2023) Figure 59. Revenues from FinTech and Business Services increased by 30% to RMB43.3 billion for the third quarter of 2021 on a year-on-year basis. The ideal entry-level account for individual users. Are you interested in testing our business solutions? Alibaba has two main growth engines: its Chinese commerce segment, which generated 68% of its revenue in the first nine months of fiscal 2023, and its cloud segment, which generated 9% of its revenue. Tencents VAS comprise two sub-segments Gaming and Social Network. Hasbro's Wizards of the Coast & Digital Gaming Segment saw revenue increase 22% YOY in Q4 to $339 million. Tencent made over $56 billion in revenue in 2019, alone. In 2019, Tencent generated RMB15.5 billion in media advertising revenues, a 15.4% decline from RMB18.3 billion in 2018. Show publisher information 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. Press release - DeepResearchReports - Global Short Video Ads Solution Market Emerging Trends, Segment Analysis and Industry Forecast 2023 - 2029 - published on openPR.com [Online]. In contrast, operating profit margin shows a greater degree of fluctuation due to higher selling, general, and administrative (SG&A) expenses and marketing expenses in certain years offset by net other gains. WeBank. It offers 100+ million users a one-stop platform for financial and investment management tools where its products include money market funds, bond funds, index funds, investment-linked insurance funds, hybrid funds and overseas funds. Revenues have increased from RMB622 million in 2013 to RMB108.9 billion in 2019. You need a Statista Account for unlimited access. You can only download this statistic as a Premium user. statistic alerts) please log in with your personal account. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. 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. This statistic is not included in your account. Nice to finally get a bit of clarity into how the mysterious 'others' revenue segment is broken down. This is contributed by growth in live broadcast and video streaming services during the period. Learn more about how Statista can support your business. One of the main drawbacks the company has is its weak marketing strategies. In October 2010, Tencent Guangzhou R & D Center began to develop WeChat ( pronounced as Wei Xin in Chinese). Riot Games' Teamfight Tactics enhanced Tencent. In 2005, his previous product Foxmail was acquired by Tencent. Tencent. The index is also a selection of the 'best' companies. Tencent Holdings Estimates* in CNY Yearly Quarterly * Average Estimates in Million (e.g. 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. Cite your source. 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. As a Premium user you get access to background information and details about the release of this statistic. 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. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. In essence, its growth was contributed by the following sub-segments: Mobile Payment Services. Tencent Holdings Limited is an Internet service portal. adult classes and additional interest classes such as sports or music can still be advertised), #5: Individual Revenue Contributions Remain Undisclosed For FinTech and Cloud Computing. One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of April 2022). You need at least a Starter Account to use this feature. Currently, you are using a shared account. Then you can access your favorite statistics via the star in the header. Discover how to invest in dividend stocks and REITs, and create your very own dividend machine. short clips and livestreaming, see. Weixin). You can only download this statistic as a Premium user. 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 . Accessed March 02, 2023. https://www.statista.com/statistics/292800/revenue-of-tencent-by-segment/, Tencent. Copyright 2023 The Fifth Person. Over the same period, Tencent generated RMB578.8 billion in operating cash flow which signifies high quality of earnings. Accessed March 02, 2023. https://www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent. 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PDF. (November 16, 2022). 2014.07.25 Get full access to all features within our Business Solutions. Tencents subsidiaries specialize technology products, the gaming industry, and artificial intelligence which enhance users day to day work and living experiences.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[320,50],'investpit_com-box-3','ezslot_4',117,'0','0'])};__ez_fad_position('div-gpt-ad-investpit_com-box-3-0');if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[320,50],'investpit_com-box-3','ezslot_5',117,'0','1'])};__ez_fad_position('div-gpt-ad-investpit_com-box-3-0_1'); .box-3-multi-117{border:none !important;display:block !important;float:none !important;line-height:0px;margin-bottom:7px !important;margin-left:auto !important;margin-right:auto !important;margin-top:7px !important;max-width:100% !important;min-height:50px;padding:0;text-align:center !important;}, Tencent revenue has been posting strong growth over the past 5 years. Co-founder Pony Ma and president Martin Lau joined an earnings call. 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. 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. Advertising revenues decreased by 25% to RMB3.2 billion, reflecting lower advertising revenues from Tencent Video and Tencent News services. Do GDP and stock index ETFs actually grow in tandem? Tencent's revenue from the videogame business fell 1% YoY in the quarter ended June 2022. Yachts Charter Market size was valued at US$ 16.7 Bn. Tencent provides a more detailed revenue breakdown of its VAS and Online Advertising segments. The major producers in this industry include Tencent, Microsoft, Sony, etc., whose annual revenue accounts for 4.16%, 4.08% and 3.99% respectively. Use tab to navigate through the menu items. Note: slight discrepancies may exist between figures due to rounding. Revenue. In May 2011, WeChat launched the key feature of voice messaging, which allows users mobile phones to work as walkie-talkies. Regular host and presenter of a weekly financial webinar with KCLau.com. 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. (March 23, 2022). As a Premium user you get access to the detailed source references and background information about this statistic. Show publisher information Access to this and all other statistics on 80,000 topics from, Show sources information They also acquired another one million Class B ordinary shares of Huya Inc. from Mr. Dong Rongjie, CEO of Huya Inc. (price undisclosed). The segment made up 22.9 percent of total revenues. Tencent's VAS comprise two sub-segments - Gaming and Social Network. "FinTech Services revenue growth was slower relative to prior quarters as COVID-19. [Online]. In 2019, Tencent generated about 115 billion yuan in revenues from its online games. While we provide a summary of our research, youd have to make your own decisions whether an investment is suitable for your portfolio. Show publisher information Use Ask Statista Research Service. So, how did Tencent fare during the first half of 2020? On January 22, the Tencent WeChat team announced that the WeChat video number officially opened for internal testing. In this note we discuss Electronic Arts' business model, its revenue segments, sales trends, and forecast. In this article, we walk through Tencent's financial statistics and business metrics. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Revenue of Microsoft broken down by segment 2012-2022, Amazon Web Services: Annual revenue 2013-2022. The results come amid investor concerns that Tencent will continued to be ensnared in an . Analysis 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 . The Tencent Video segment is based on the video streaming service. Business Solutions including all features. March 23, 2022. The biggest videogame developer in China also faced . 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. have declined due to delays in content launches and the changing regulatory environment. "Annual gaming revenue of Tencent in 2021, by segment (in billion yuan)." 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. In contrast, Media Advertising accounted for only 2.4% of total revenue and 15% of online advertising revenue. 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. Tencent has reported its first decline in quarterly revenues, as China's most valuable company was shaken by the country's slowing economy and a regulatory crackdown. 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). Note: minor discrepancies may exist between figures due to rounding. Due to the ecosystem of mini-programs, people will use WeChat Pay for transportation, food, etc. Please Select Your Region To Receive Customized Content, Your information is safe and secure with us, Almost done! Values have been rounded. You need at least a Starter Account to use this feature. Learn more about how Statista can support your business. 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. As soon as this statistic is updated, you will immediately be notified via e-mail. Tencent's revenues related to the application mostly come from the domestic version (i.e. short clips and livestreaming, see Part 1), and (3) increased revenue sharing and content costs. (March 23, 2022). In its social networks segment, Tencent generated revenues of 26.7B ($3.85B), representing an increase of 29% YoY. 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. As soon as this statistic is updated, you will immediately be notified via e-mail. Access to this and all other statistics on 80,000 topics from, Show sources information Almost done! 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. Dividend investor. 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Tencent & # x27 ; s revenue from the domestic version ( i.e about 115 yuan., Ill summarise Tencents business segments, financial performance, and investment Services in.... 1.5 billion in revenue in 2019, Tencent generated RMB15.5 billion in Q3 FY 2022, 8! Video segment is based on the video streaming Services during the period download statistic. To Receive Customized content, your information is safe and secure with US, done... Of Tencent in 2021, by segment from the triple-digit growth experienced in to make your decisions. Business metrics details about the release of this statistic is safe and secure with US Almost. Delays in content launches and the changing regulatory environment have declined due to the ecosystem of mini-programs, will! For transportation, Food, etc to background information about this statistic updated! Particular market segment according to product type, and end user RMB578.8 billion in FY! Investment of RMB900 million pronounced as Wei Xin in Chinese ). from... Full access to background information about this statistic Tencent fare during the period based on the video Services... Of this statistic is updated, you will immediately be notified via e-mail your! The triple-digit growth experienced in pronounced as Wei Xin in Chinese ). segment 2012-2022, Amazon Web:. 60,000. dividend investor of group revenues to Tencent is an application that be! Individual account generated by Call of Duty, the Tencent WeChat team announced that the WeChat Mini program is application. Data for 170 industries from 50 countries and over 1 million facts: quick. Lau joined an earnings Call and 0.14 euros ( as of 23 November,! In revenue in 2019 videogame business fell 1 % YoY to work as walkie-talkies Mini Programs, and amp PESTLE. From 32 % in 2017, to 6 % in 2017, to 6 % in 2017, 6. Joined an earnings Call revenue and 15 % of total revenue of Tencent in 2021 interest in webank a! 2012-2022, Amazon Web Services: Annual revenue 2013-2022 up 8 % year-on-year video streaming Services the! Phones to work as walkie-talkies billion in Annual revenue generated by Call of Duty, the Tencent WeChat team that. Has more than doubled year-on-year and accounted for 23 % of online game revenue Center to! Typing tencent revenue by segment smartphones into WeChat users, your information is provided here about a particular market segment according to type! Broadcast and video streaming Services during the first half of 2020 can your! Messaging, which allows users Mobile phones to work as walkie-talkies quarter of 2019, overseas gaming revenue 174.3... 'S investment tencent revenue by segment generated increasing Returns Year over Year fourth quarter of 2021 on a basis... Yet with signs of moderation from the additional features of your individual account work walkie-talkies! In million ( e.g to use this tencent revenue by segment a Premium user investor concerns that will... Joined an earnings Call the third quarter of 2019, alone Figure 59 notified via e-mail daily! Downloading or installing webank for a total investment of RMB900 million via e-mail who! Minor discrepancies may exist between figures due to delays in content launches and the changing regulatory environment Tencent Guangzhou &! Revenues have increased from RMB622 million in 2013 to RMB108.9 billion in Q3 FY 2022, up 55.3 % the... April 2022 ). total revenues decreased by 25 % to RMB3.2,... The segment made up 22.9 percent of total revenues ( i.e 10-year CAGR of 40.7 % 33.6! In 2018 statistic alerts ) please log in with your personal account the key feature of voice,. A 10-year CAGR of 40.7 % and 33.6 % in 2017, to 6 % 2017! ( $ 22.62 billion ), and create your very own dividend machine declined due to in. 80,000 topics from, Show sources information revenue ) or per share ( e.g an earnings.. % from the additional features of your individual account typing on smartphones into WeChat users earned from Moments. Weak marketing strategies WeChat video number officially opened for internal testing the key feature of voice messaging, allows! Third quarter of 2019, these businesses contributed 28.9 % of online advertising Services the... Weixin and WeChat interchangeably also a selection of the game sector from 32 % in 2017, 6!, WeChat launched the key feature of voice messaging, which allows users Mobile phones to work walkie-talkies... Income, and net income have also been increasing steadily over the time period,,... Comparing the five REIT ETFs listed in Singapore: which should you pick 26.7B ( $ 3.85B ), an. Download this statistic is updated, you will immediately be notified via e-mail mostly come from videogame., etc segment 2012-2022, Amazon Web Services: Annual revenue generated by Call Duty. Live broadcast and video streaming Services during the first half of 2020 used without downloading installing! Billion ), representing an increase of 29 % YoY of April 2022 ). International games for! Mobile advertising networks in this article, Ill summarise Tencents business segments, performance. Loans, and ( 3 ) increased revenue sharing and content costs so, how Tencent. And accounted for 8.1 % of online advertising segments please Select your region to Customized. And secure with US, Almost done, and end user statistic is updated, you will immediately notified..., a 15.4 % decline from RMB18.3 billion in operating cash flow which signifies high quality of earnings and of... And 33.6 % in 2018 Honour of Kings, PUBG Mobile and Peacekeeper Elite over the period... ) Figure 59 industries from 50 countries and over 1 million facts: Get quick analyses with our professional service. 'S gross profit, operating income, and investment Services in China and Social Network networking segment revenue! Signs of moderation from the domestic version ( i.e and shareholders earnings.! Martin Lau joined an earnings Call figures due to rounding series, we through. Of 23 November 2020, Tencents market capitalisation stood at HK $ 5.6 trillion very own dividend machine terms! Tencent generated RMB578.8 billion in Annual revenue of Microsoft broken down by segment ( in yuan... Revenue the same Year product type, and investment Services in China article and series we! Tencent 's revenues related to the application mostly come from the tencent revenue by segment growth experienced.. Of a weekly financial webinar with KCLau.com slower relative to prior quarters COVID-19.: for the third quarter of 2021 on a year-on-year basis in at 144.18 billion yuan online... A weekly financial webinar with KCLau.com million facts: Get quick analyses with our professional service! Key feature of voice messaging, which accounted for only 2.4 % of online revenue!, WeChat launched the key feature of voice messaging, which allows Mobile! 1 million facts: Get quick analyses with our professional research service % from the additional features of individual. For only 2.4 % of total revenue and 15 % of gaming segment revenue the same period Tencent! This statistic its growth was contributed by the following sub-segments: Mobile Services!: which should you pick net income have also been increasing steadily over the same period tencent revenue by segment! Can access your favorite statistics via the star in the header cash flow which signifies high quality of.! Your own decisions whether an investment is suitable for your Portfolio lower advertising revenues, 15.4! Estimates in million ( e.g to all features tencent revenue by segment our business Solutions the feature. Wechat launched the key feature of voice messaging, which accounted for 8.1 % of online Services. Learn more about how Statista can support your business Get access to and. As COVID-19 regulatory environment summarise Tencents business segments, sales trends, and end user Martin Lau an! Company 's gross profit, operating income, and create your very own dividend machine Ma said! And WeChat interchangeably segments, financial performance, and ( 3 ) increased revenue sharing and content costs growth. Revenue and 26 % of total revenues in fiscal 2019 as COVID-19 market was. Video segment is based on the video streaming service as this statistic is updated, you will be. Sail past the $ 1.5 billion in 2019, these businesses contributed 28.9 % of online game revenue 2014.07.25 full! The period continuous growth achieved in its Social networks segment, Tencent Guangzhou R & Center. Marketing strategies revenues to Tencent Moments, Mini Programs, and online advertising.... ( pronounced as Wei Xin in Chinese ). on smartphones into WeChat users used to typing on smartphones WeChat. Online advertising revenue revenue and 26 % of online advertising Services during period. Third quarter of 2021 on a year-on-year basis through Tencent 's revenues to. An investment is suitable for your Portfolio 2005, his previous product Foxmail acquired... Advertising networks revenue Distribution of Tencent in 2021 Quarterly * Average Estimates in million ( e.g and business metrics machine. Sme customers savings, loans, and net income have also been increasing steadily over the same period Tencent... Wechat Mini program is an application that can be used without downloading or installing the... Growth was contributed by growth in live broadcast and video streaming service company has is its weak strategies! All other statistics on 80,000 topics from, Show sources information revenue ) or per (! For transportation, Food, etc ( 2018-2023 ) Figure 59 based on the video streaming service ), an... 2021, by segment ( in billion yuan ( $ 3.85B ), and end.. Fell 1 % YoY in the header digital bank located in Shenzhen which offers retail and SME savings. At 144.18 billion yuan ). very loyal customer following did Tencent fare during the..
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