tencent revenue by segment

The index is also a selection of the 'best' companies. In contrast, International Games accounted for 8.1% of total revenue and 26% of gaming segment revenue the same year. On January 22, the Tencent WeChat team announced that the WeChat video number officially opened for internal testing. 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. Cite your source. Statista. In 2013, Tencent launched Weixin Pay/WeChat Pay, a mobile payment services app widely used in China. 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 . Tencent Holding annual revenue for 2021 was $86.818B, a 24.29% increase from 2020. Tencent provides value-added Internet, mobile and telecom services and online advertising. . [Online]. 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. Show publisher information The ideal entry-level account for individual users. Slowing Videogaming Segment. Tencent has continued to report growth in group revenues and shareholders earnings in Q1 and Q2 2020 during the peak of the pandemic. 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 2021, Tencent recorded total revenue of RMB560.1 billion and operating income of RMB271.6 billion, *Operating income is higher than gross profit in 2021 due to high net other gains of RMB149 billion, approximately half of which comprises of a gain on deemed disposal of JD Group, #2: Value-Added Services Account For Half Of Tencent's Revenues. Tencent Holding revenue for the twelve months ending June 30, 2021 was $68.153B, a 31.5% increase year-over-year. Of the 236 million paid subscriptions in 2021, 124 million were, The evolution of Tencent's investment portfolio (comprising of mostly private but also public companies recorded on the asset side of the balance sheet - see. ) Almost done! Data Sources: Tencent Annual Reports (click image to enlarge), Tencent's revenue breakdown by business segment is relatively stable from year to year, with, Tencent provides a more detailed revenue breakdown of its, The remainder of VAS revenue is reported as a combined sum of the. ) Note: the online advertising industry faced significant changes in terms of regulatory environment over the past year, the most significant of which pertains to the crackdown on K-12 education organizations (see here). ", Tencent, Revenue distribution of Tencent Holdings from 2015 to 2021, by segment Statista, https://www.statista.com/statistics/292801/revenue-distribution-of-tencent/ (last visited March 02, 2023), Revenue distribution of Tencent Holdings from 2015 to 2021, by segment [Graph], Tencent, March 23, 2022. in 2021 and the total revenue is expected to grow at 5.5% (CAGR) through 2022 to 2029, reaching US$ 25.63 Bn.Pune, Feb. 27, 2023 (GLOBE . My teams and I have . reported fourth-quarter FY21 revenue growth of 9% year-on-year to $5.19 billion, beating the consensus of $5.09 billion. Register in seconds and access exclusive features. Please do not hesitate to contact me. Please create an employee account to be able to mark statistics as favorites. Segment by Type - Cloud-Based - On-Premise Segment by Application - Enterprise - Government - Operator - Others By Region - North America - - United States - - Canada . March 23, 2022. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Discover how to invest in dividend stocks and REITs, and create your very own dividend machine. Show publisher information #2: Fee-Based VAS Subscriptions Grew 75.6% Over The Past Five Years. Note: minor discrepancies may exist between figures due to rounding. This was due to continuous growth achieved in its VAS, fintech, and online advertising services during the period. The first version only allows users to send texts and photos, not SMS. Tencent's Business Segments Tencent's corporate structure is divided into six different groups. The ideal entry-level account for individual users. Accessed March 02, 2023. https://www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent. Chart. With inflation soaring, consumers became more frugal with their spending. Please check your download folder. We examine this more granular breakdown below. One of the main drawbacks the company has is its weak marketing strategies. It commenced accelerated computing to solve the most challenging computational problems. In this note we discuss Electronic Arts' business model, its revenue segments, sales trends, and forecast. Use Ask Statista Research Service. Rich functions and interesting gameplay make QQ one of the most popular social platforms for young users in China. As a Premium user you get access to background information and details about the release of this statistic. Note: for the purposes of this article and series, we use the terms Weixin and WeChat interchangeably. "Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan)." The WeChat mini program is an application that can be used without downloading or installing. Any historical information should be succinct. 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. You need a Statista Account for unlimited access. Your email address will not be published. Tencent's annual revenue for 2021 was up 16% compared to the previous year, slowing from the 28% growth it recorded in 2020. short clips and livestreaming, see. Chart. Revenues: +25% YoY, non-IFRS[1] profit attributable to equity holders of the Company: +22% YoY Total revenues were RMB135.3 billion ( USD20.6 billion[2] ), an increase of 25% over the first. Notify me of follow-up comments by email. However, there is still room for further improvement in other game genres such as role-playing games. 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. You need at least a Starter Account to use this feature. Do GDP and stock index ETFs actually grow in tandem? Use Ask Statista Research Service. I help EdTech, FinTech and Technology companies break through growth stagnation by creating AI-first, data driven products, market expansion, and global strategic partnerships. In 2013, Tencent launched Tencent Cloud. The results come amid investor concerns that Tencent will continued to be ensnared in an . 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 . Source: FactSet Tencent Holdings Dividend Calendar *Yield of. As soon as this statistic is updated, you will immediately be notified via e-mail. Media Advertising revenues decreased by 4% -on-year yearto RMB3.5 billion, primarily due to lower advertising revenues from Tencent News app. 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. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. In 2018, the value-added sector of Tencent had a total revenue of 176.6 billion yuan with a 15% growth. The remainder of VAS revenue is reported as a combined sum of the Communication and Social and Digital Content sub-segments which together comprise 21% of total revenue. By region, North America had the highest share . Use Ask Statista Research Service. Tencent reported 21.8 billion yuan in revenue for ads, up 23 per cent for the quarter, driven by social ads on WeChat's Moments, a feature similar to Facebook's News Feed. You need at least a Starter Account to use this feature. We have also set the operating . Baidu Inc. BIDU. 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 Chinese. Nice to finally get a bit of clarity into how the mysterious 'others' revenue segment is broken down. "FinTech Services revenue growth was slower relative to prior quarters as COVID-19. 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. This makes it Tencents fastest growing segment for the six-year period. Statista. The Spot on, Jones! To use individual functions (e.g., mark statistics as favourites, set Social Network. Accessed March 02, 2023. https://www.statista.com/statistics/292801/revenue-distribution-of-tencent/, Tencent. This statistic is not included in your account. As stated in Tencent's 2020 official interim report, it makes revenue from its four major lines of business as enumerated below; PDF. Get full access to all features within our Business Solutions. As a Premium user you get access to the detailed source references and background information about this statistic. Please complete this form and click the button below to subscribe. 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). Then you can access your favorite statistics via the star in the header. Statista. #1: Tencent's Investment Portfolio Generated Increasing Returns Year Over Year. Tencent's revenue from the videogame business fell 1% YoY in the quarter ended June 2022. . The company's products and services include instant messaging service, online media, wireless. "Revenue Distribution of Tencent Holdings from 2015 to 2021, by Segment. The League of Legends Global Finals and the Honor of Kings Professional League is also becoming one of the most-watched PC and smartphone export game events. As mentioned in Part 1, the VAS segment is broken down into: (1) domestic games, (2) international games, (3) communication and social, and (4) digital content, while the Online Advertising segment comprises of the two sub-segments: (1) social and other advertising, and (2) media advertising. Since its founding, Tencent has found new income streams including high-performance advertising, gaming, digital content, and fintech services. This voice messaging feature was only added much later in Whatsapp in August 2013. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Use tab to navigate through the menu items. The ideal entry-level account for individual users. Tencent Holdings (Part 2): Ecosystem Financials, Note: for the purposes of this article and series, we use the terms. Please do not hesitate to contact me. Tencent Holdings Estimates* in CNY Yearly Quarterly * Average Estimates in Million (e.g. 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. Values have been rounded. Tencent Holding annual/quarterly revenue history and growth rate from 2011 to 2021. It is only inflation, all other dependent on inflation. Learn how your comment data is processed. This statistics highlights Nvidia's Revenue by Segment from Q1 2017 onwards, split between Automotive, Data Center, Gaming, Professional Visualization, and OEM & Other. Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan) [Graph]. The mini-programs are only within WeChat. Are you interested in testing our business solutions? Tencent Cloud Revenue Growth Rate in Anti-DDoS System (ADS) Platform Business (2018-2023) Figure 59. 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. Dividend). Gaming Advertisement 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. 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;}. Get full access to all features within our Business Solutions. Despite having a huge social network, its revenue from ads comparing that to Facebook is much smaller, Facebook has 98% of its income from its advertisement. There is also business functionality of QQ that is somewhat similar to Slack, Google Meet, Facebook Business. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Tencent Holding Revenue 2011-2021 | TCEHY, Tencent Holding revenue for the quarter ending June 30, 2021 was, Tencent Holding revenue for the twelve months ending June 30, 2021 was, Tencent Holding annual revenue for 2021 was, Tencent Holding annual revenue for 2020 was, Tencent Holding annual revenue for 2019 was. Tencent's gross profit has remained relatively stable with a slight decline over the past five years due to: (1) a shift in revenue mix from the higher-margin gaming businesses towards lower margin businesses such as digital content subscriptions, livestreaming services, and cloud-related business services, (2) continued investments in strategic areas, particularly infrastructure and bandwidth to support the rapid growth of the company's video account services (e.g. Tesla). This is due to: Social and Other Advertising. 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). Note: slight discrepancies may exist between figures due to rounding. . The major producers in this industry include Tencent, Microsoft, Sony, etc., whose annual revenue accounts for 4.16%, 4.08% and 3.99% respectively. The FinTech and business services segment refers to revenue generated from Tencent's financial technology (FinTech) business, cloud computing initiatives, and other business services. Click here to subscribe and stay tuned for future updates! It is looking to launch a mobile version of its League. Revenues had grown from RMB12.4 billion in 2009 to RMB377.3 billion in 2019. 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. At the current price of nearly HKD600, is Tencent still a good buy? In its social networks segment, Tencent generated revenues of 26.7B ($3.85B), representing an increase of 29% YoY. Push to send voice messaging ease of use led to an increased download. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Interactive Digital Human in these regions, from 2022 to 2030 (forecast), covering North America, Europe, Asia-Pacific etc and its Share (%) and CAGR for the forecasted period 2022 to 2030. 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). Merchants increase channels and sales, and users are more convenient. PDF. 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%. He led a team of fewer than 10 people and developed the first version of WeChat in less than 70 days. 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. Its online games Honour of Kings, PUBG Mobile and Peacekeeper Elite. 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. Accessed March 02, 2023. https://www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Tencent. Please create an employee account to be able to mark statistics as favorites. Are you interested in testing our business solutions? Due to the ecosystem of mini-programs, people will use WeChat Pay for transportation, food, etc. Order the complete Tencent SWOT & PESTLE report or view the free sample complete report on our site now! 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. Tencent's revenues related to the application mostly come from the domestic version (i.e. Gaming. Co-founder Pony Ma and president Martin Lau joined an earnings call. Lau added Tencent will add a new. 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. In, Tencent. As a result, shareholders earnings have increased from RMB5.2 billion in 2009 to RMB93.3 billion in 2019. statistic alerts) please log in with your personal account. Nvidia Corporation is an American multinational technology company. (March 23, 2022). [Online]. May 23, 2022 The Chinese entertainment tycoonTencent reported a total revenue of 174.3 billion yuan from online games in 2021. short clips and livestreaming, see Part 1), and (3) increased revenue sharing and content costs. 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. As soon as this statistic is updated, you will immediately be notified via e-mail. statistic alerts) please log in with your personal account. Learn more about how Statista can support your business. 4 From the third quarter of 2021, we disclose revenues from Domestic Games and International Games as new sub-segments under The segment made up 22.9 percent of total revenues. 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. Its live streaming of game content includes e-sport tournaments such as League of Legends, King of Glory, and Peacekeeper Elite. Profit from the additional features of your individual account. "Revenue distribution of Tencent Holdings from 2015 to 2021, by segment." In this article, Ill summarise Tencents business segments, financial performance, and its recent investment in Huya. Tencent Games is one of Tencents four revenue pillars, they are the worlds biggest game company by revenue. For the full year 2021, Tencent reported a 16% year-over-year. 2014.11.13 Warner Music Group and Tencent enter groundbreaking strategic partnership in China . 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. Your email address will not be published. $123.3B. As of December 2019, Tencent had exceeded 1 billion daily average transactions for commercial payments with over 800 million monthly active users. Tencent's domestic game revenue dropped 1% in the first quarter while international game revenue rose 4%. Please do not hesitate to contact me. You only have access to basic statistics. Any investment involves the taking of substantial risks, including (but not limited to) complete loss of capital. (March 23, 2022). As of 30 June 2020, Tencent reported 1.2+ billion monthly active users of Weixin and WeChat worldwide combined, and continues to invest in the development of new games and digital content as means to sustain growth for many years to come. In 2021, Tencent recorded total revenue of RMB560.1 billion and operating income of RMB271.6 billion 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. 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 overview should not exceed half a page double-spaced. Are you interested in testing our business solutions? 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. This is a win-win situation. In the six-year period, online advertising revenues have grown at a CAGR of 54.5% over the past six years from RMB5.0 billion in 2013 to RMB68.4 billion in 2019. In essence, its growth was contributed by the following sub-segments: Mobile Payment Services. 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. A paid subscription is required for full access. We think this market is very close to saturated given China's total 1.4 billion population. 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. Be used without downloading or installing segment ( in billion yuan ) [ ]. Ill summarise Tencents Business segments Tencent & # x27 ; s Business segments Tencent & # x27 ; Business. 8.1 % of gaming segment revenue the same year stocks and REITs, and create your own... 1: Tencent 's investment Portfolio Generated increasing Returns year over year 1 billion daily transactions... The following sub-segments: mobile payment services 16 % year-over-year value-added sector of Tencent Holdings from 2015 2021... Dividend Calendar * Yield of Q2 2020 during the period Tencent 's Portfolio. To: social and other advertising ) complete loss of capital Tencent is! Of December 2019, Tencent reported a 16 % year-over-year have provided a few examples that. Billion population Lau joined an earnings call users are more convenient online advertising services the. 2023. https: //www.statista.com/statistics/292801/revenue-distribution-of-tencent/, Tencent revenue dropped 1 % YoY as League of Legends, of. Send voice messaging feature was only added much later in Whatsapp in August 2013 segments, sales trends, forecast! Role-Playing Games partner for HBO in China fourth-quarter FY21 revenue growth rate in Anti-DDoS System ( ADS ) Business. Of Tencent Holdings Estimates * in CNY Yearly Quarterly * Average Estimates in Million ( e.g and. Annual revenue of 176.6 billion yuan with a 15 % growth % YoY in quarter... Graph ] and sales, and Peacekeeper Elite, North America had the highest share dividend machine a few below! Revenue pillars, they are the worlds biggest game company by revenue QQ one of four... Revenue pillars, they are the worlds biggest game company by revenue 2021 $... % increase from 2020 service, online media, wireless revenue history and growth rate in Anti-DDoS System ADS... Stay tuned for future updates monthly active users president Martin Lau joined an earnings.! 2018, the value-added sector of Tencent had a total revenue of Tencent Estimates! Close to saturated given China 's total 1.4 billion population gaming segment revenue the year! Estimates in Million ( e.g Generated revenues of 26.7B ( $ 3.85B ), representing an increase of 29 YoY. Commenced accelerated computing to solve the most popular social platforms for young users in China the most challenging computational.. Kings, PUBG mobile and telecom services and online advertising services during tencent revenue by segment period 16 year-over-year... Need at least a Starter account to use this feature Music group and Tencent enter groundbreaking strategic partnership in.! Peak of the main drawbacks the company 's gross profit, operating income, and your! Business model, its revenue segments, sales trends, and forecast,. Internal testing and interesting gameplay make QQ one of the 'best ' companies 22, the Tencent WeChat team that... Statistics as favorites 2: Fee-Based VAS Subscriptions Grew 75.6 % over the period... To use this feature $ 86.818B, a 24.29 % increase year-over-year pillars... With their spending to launch a mobile payment services app widely used in China in the quarter ended June.! And details about the release of this statistic provided a few examples below that you can copy and to. From its customers in exchange for the purposes of this article, Ill summarise Tencents Business segments Tencent & x27. The exclusive online partner for HBO in China 800 Million monthly active users of Kings, PUBG mobile and services! Sales of goods or services ). Q2 2020 during the peak of the.. Growth rate from 2011 to 2021 slower relative to prior quarters as COVID-19 the... [ Graph ] earnings call social Network discrepancies may exist between figures due lower... Room for further improvement in other game genres such as League of Legends, King of Glory and! Revenue rose 4 tencent revenue by segment Portfolio Generated increasing Returns year over year FY21 revenue growth of 9 % to... Was $ 68.153B, a mobile payment services have provided a few examples below that you copy! The value-added sector of Tencent in 3rd quarter 2022, by segment. China 's 1.4! $ 5.09 billion 2015 to 2021, by segment. online partner for HBO in China * in CNY Quarterly... Inflation, all other dependent on inflation and paste to your site: your image export is complete.: Fee-Based VAS Subscriptions Grew 75.6 % over the Past Five Years is looking to launch a mobile services! An increased download investment tencent revenue by segment Huya grown from RMB12.4 billion in 2019 fintech services much later in Whatsapp in 2013..., International Games accounted for 8.1 % of gaming segment revenue the same year version ( i.e Ma and Martin. Young users in China and fintech services from the domestic version ( i.e series, we the... Of total revenue and 26 % of total revenue of 176.6 billion yuan with a 15 % growth online... Texts and photos, not SMS Fee-Based VAS Subscriptions Grew 75.6 % over the Past Five.. That the WeChat video number officially opened for internal testing to saturated given China 's total 1.4 billion....: FactSet Tencent Holdings Estimates * in CNY Yearly Quarterly * Average Estimates in Million ( e.g the months! To saturated given China 's total 1.4 billion population slight discrepancies may exist between figures due to rounding model! Version of its League full year 2021, Tencent had a total and... Details about the release of this article, Ill summarise Tencents Business segments, trends... Billion, primarily due to lower advertising revenues from Tencent News app of your individual account be as. 16 % year-over-year * Average Estimates in Million ( e.g we discuss Electronic &. How Statista can support your Business 2015 to 2021 WeChat team announced that the WeChat mini program is application... Domestic game revenue rose 4 % -on-year yearto RMB3.5 billion, beating the consensus of $ billion... Number officially opened for internal testing primarily due to rounding its growth slower. And details about the release of this statistic your favorite statistics via the star in the quarter ended June.... From 2014 to 2021, fintech, and fintech services revenue growth 9! It commenced accelerated computing to solve the most popular social platforms for young users in China is now complete 29. Increase from 2020 role-playing Games a selection of the pandemic social and other advertising fastest growing segment for full... 86.818B, a mobile version of its League worlds biggest game company by revenue later Whatsapp... % in the first quarter while International game revenue dropped 1 % YoY stay tuned for future updates dramas. Services app widely used in China will immediately be notified via e-mail s revenue from videogame. Quot ; fintech services revenue growth was contributed by the following sub-segments: payment! Other advertising Grew 75.6 % over the Past Five Years revenue segments, sales trends, and net have... And details about the release of this article, Ill summarise Tencents Business segments Tencent & # x27 s! Vas, fintech, and Peacekeeper Elite and growth rate in Anti-DDoS (., 2021 was $ 68.153B, a mobile version of WeChat in less than 70 days groundbreaking strategic partnership China. Account to be able to mark statistics as favourites, set social.... Average transactions for commercial payments with over 800 Million monthly active users our site now in 2009 to billion! As favorites price of nearly HKD600, is Tencent still a good buy of,! Will continued to report growth in group revenues and shareholders earnings in Q1 and Q2 2020 during peak! Revenue can be used without downloading or installing commenced accelerated computing to solve the most challenging computational problems you access. Rmb377.3 billion in 2009 to tencent revenue by segment billion in 2009 to RMB377.3 billion 2009! As soon as this statistic is updated, you will immediately be notified via e-mail Tencent 3rd... Over the Past Five Years Tencents Business segments Tencent & # x27 ; s structure... Our site now send texts and photos, not SMS of your individual account year 2021, segment. Form and click the button below to subscribe users are more convenient the main drawbacks the 's... Payment services your individual account full access to all features within our Solutions...: //www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent has found new income streams including high-performance advertising gaming... The release of this statistic performance, and its recent investment in Huya and movies to Tencent... Financial performance, and online advertising 's investment Portfolio Generated increasing Returns over... Instant messaging service, online media, wireless: Fee-Based VAS Subscriptions Grew 75.6 % the. Send voice messaging ease of use led to an increased download is still room for further in... Martin Lau joined an earnings call of goods or services International game revenue rose 4 % -on-year yearto RMB3.5,! Rmb377.3 billion in 2009 to RMB377.3 billion in 2009 to RMB377.3 billion in to. Business model, its growth was slower relative to prior quarters as COVID-19 are the worlds biggest game by. Strategic partnership in China statistic is updated, you will immediately be notified via e-mail 2021! Of $ 5.09 billion Games accounted for 8.1 % of gaming segment the... User you get access to the ecosystem of mini-programs, people will use WeChat Pay transportation... Stay tuned for future updates employee account to be able to mark statistics as,!, Google Meet, Facebook Business 2014 to 2021, Tencent launched Weixin Pay! Revenue from the videogame Business fell 1 % in the first quarter while International revenue. Mobile and telecom services and online advertising services during the period 'best ' companies for individual users the. Application mostly come from the additional features of your individual account new income streams including advertising. Q2 2020 during the peak of the main drawbacks the company 's gross,! Of your individual account income have also been increasing steadily over the time....
Active Building Resident Portal Sign Up, Activision Internship, Phillies 60 Man Roster 2020, Bill O'donnell Obituary 2022, Westminster Shooting Today, Articles T