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. The year 2018 marked a change in its revenue structure. . Get full access to all features within our Business Solutions. Riot Games' Teamfight Tactics enhanced Please do not hesitate to contact me. I'm especially curious if anyone particularly loves/hates this at $67/share. Tencent's revenues related to the application mostly come from the domestic version (i.e. #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. Business Solutions including all features. 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, ). The company's gross profit, operating income, and net income have also been increasing steadily over the time period. 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. Tencents business is very diversified. Tencent Holdings (Part 2): Ecosystem Financials, Note: for the purposes of this article and series, we use the terms. As of 23 November 2020, Tencents market capitalisation stood at HK$5.6 trillion. This was due to continuous growth achieved in its VAS, fintech, and online advertising services during the period. 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. Tencent has continued to report growth in group revenues and shareholders earnings in Q1 and Q2 2020 during the peak of the pandemic. Tencent increased revenues 25 per cent year on year to Rmb135bn ($21bn) during the quarter, led by strong growth at its fintech and business services unit, which includes its ubiquitous mobile. WeChat wants to empower everyone to create content. Tencent and HBO partner to bring award-winning TV dramas and movies to China Tencent Video becomes the exclusive online partner for HBO in China . It commenced accelerated computing to solve the most challenging computational problems. #1: The Weixin/WeChat Market Is Saturated, While QQ is Declining in Popularity. Tencent attained a CAGR of 36.8% over the past six years in Social Network revenue, up from RMB13.0 billion in 2013 to RMB85.3 billion in 2019. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. "FinTech Services revenue growth was slower relative to prior quarters as COVID-19. in 2021 and the total revenue is expected to grow at 5.5% (CAGR) through 2022 to 2029, reaching US$ 25.63 Bn.Pune, Feb. 27, 2023 (GLOBE . Mercedes-Benz today detailed its plans as the architect of its own operating system MB.OS, which will be introduced mid-decade with the new MMA platform (Mercedes Modular Architecture). Tencent Activision Blizzard Sega Electronic Arts Apple Ubisoft Zynga Square Enix NetEase Games NEXON NCSoft Bandai Namco Holdings Total Market by Segment: Global Online Game Market Segment. Co-founder Pony Ma and president Martin Lau joined an earnings call. Chart. Do GDP and stock index ETFs actually grow in tandem? 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. In contrast, QQ's smart device MAU has been declining since 2018 from 699.8 million MAUs to 552.1 million in 2021, The number of fee-based VAS subscriptions derived from Tencent's media platforms increased from 134.6 million subscriptions in 2017 to 236.3 million in 2021, attributable to both music and video subscriptions across a wide range of categories including animated series, drama series, and sports. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. Show publisher information The results come amid investor concerns that Tencent will continued to be ensnared in an . Any investment involves the taking of substantial risks, including (but not limited to) complete loss of capital. Its online games Honour of Kings, PUBG Mobile, and. Prior to the regulatory crackdown, online education advertisers contributed ten-something percent to Tencent's online advertising revenue, after which the ban on K-12 education advertising caused this number to drop to a low single-digit percentage* (management does not provide exact figures for the drop). Learn more about how Statista can support your business. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. 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;}. Comparing the five REIT ETFs listed in Singapore: Which should you pick? FinTech Services revenue growth primarily reflected increasing commercial 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 Are you interested in testing our business solutions? In, Tencent. Currently, you are using a shared account. Successful WeChat Mini Programme. 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. In 2019, these businesses contributed 28.9% of group revenues to Tencent. Your email address will not be published. In Part 1 of our Tencent series, we introduced the history and various components of the Tencent Holdings ecosystem. Tencent. Then you can access your favorite statistics via the star in the header. 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). Click here to subscribe and stay tuned for future updates! As soon as this statistic is updated, you will immediately be notified via e-mail. 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. Register in seconds and access exclusive features. 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. This is contributed by growth in live broadcast and video streaming services during the period. In 2005, his previous product Foxmail was acquired by Tencent. Zhang recognized there is a gap in a short video content as WeChat has become very textbase in the public account. Tencent is the dominant name when it comes to gaming in China and is even reported as the world's largest video game vendor.The Chinese gaming giants also have a stranglehold in the mobile gaming segment, generating large amounts of revenue. Statista. In contrast, International Games accounted for 8.1% of total revenue and 26% of gaming segment revenue the same year. 3 Please refer to the official announcement for details. A huge part of this monetization is through WeChat mini-programs. This is due to: Social and Other Advertising. SoundHound Just Got $100M From . If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. 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. In contrast, the 2018 dip in investment return performance is due to the relatively large impairment provision for that year. "Revenue of Tencent in 3rd Quarter 2022, by Segment (in Billion Yuan). 8 things I learned from the 2023 Frasers Logistics & Commercial Trust AGM, The upcoming investment climate for 2023 and the near future, Top 5 Malaysia REITs that made you money if you invested from their IPOs (Updated 2023). 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. Unfortunately, Tencent does not provide a breakdown of the FinTech and Business Services segment to distinguish between revenue contribution from the company's digital payment business and cloud computing related businesses. 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. Almost done! QQ also started mobile payment with the launch of QQ wallet which facilitated mobile prepaid recharge and various online shopping and transactions. This statistic is not included in your account. The mini-programs are only within WeChat. 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. 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. In China, there is a saying: WeChat is like their wallet and Alipay is our bank account. Tencent's revenue from the videogame business fell 1% YoY in the quarter ended June 2022. $931.9M. 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. We think this market is very close to saturated given China's total 1.4 billion population. In 2013, Tencent launched Weixin Pay/WeChat Pay, a mobile payment services app widely used in China. to incorporate the statistic into your presentation at any time. Use Ask Statista Research Service. Weixin). As a Premium user you get access to the detailed source references and background information about this statistic. Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. Tencent reported its slowest quarterly revenue growth on record in the fourth quarter of 2021. 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. ", Tencent, Annual gaming revenue of Tencent in 2021, by segment (in billion yuan) Statista, https://www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/ (last visited March 02, 2023), Annual gaming revenue of Tencent in 2021, by segment (in billion yuan) [Graph], Tencent, March 23, 2022. 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. For the full year, revenue in the segment was up 3% to $1.33 billion. In 2019, Tencent derived 53% of group revenues from its VAS businesses. Tencent Holdings Limited is headquartered in Shenzhen, the People's Republic of China. Assets. Currently, you are using a shared account. 4 From the third quarter of 2021, we disclose revenues from Domestic Games and International Games as new sub-segments under You need a Statista Account for unlimited access. 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. In essence, its growth was contributed by the following sub-segments: Mobile Payment Services. As soon as this statistic is updated, you will immediately be notified via e-mail. 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. Discover how to invest in dividend stocks and REITs, and create your very own dividend machine. 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. The person in charge of research and development was Zhang Xiaolong, who was then the person in charge of the mobile version of QQ Mail. ", Tencent, 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. In contrast, Media Advertising accounted for only 2.4% of total revenue and 15% of online advertising revenue. 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. reported fourth-quarter FY21 revenue growth of 9% year-on-year to $5.19 billion, beating the consensus of $5.09 billion. 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. Register in seconds and access exclusive features. Due to the ecosystem of mini-programs, people will use WeChat Pay for transportation, food, etc. 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). Then you can access your favorite statistics via the star in the header. As of 2019. [Online]. November 16, 2022. MB.OS is designed and developed in-house to retain full control over the customer relationship, ensure data . Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Instagram accounts with the most followers worldwide 2023, Number of apps available in leading app stores Q3 2022, Twitter: number of monthly active users 2010-2019, Internet usage in India - statistics & facts, Profit from additional features with an Employee Account. We think this market is very close to saturated given China's total 1.4 billion population. Underlying trends in the Food Delivery segment remained strong, yet with signs of moderation from the triple-digit growth experienced in . 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. The ideal entry-level account for individual users. We calculate the investment income generated from Tencent's portfolio each year as a percentage of the ending portfolio value from the preceding year. Tencent achieved a 10-year CAGR of 40.7% and 33.6% in its group revenues and shareholders earnings respectively. Users can chat with friends anytime, anywhere, videos, emoticons, other personalized themes for users, make new friends with similar interests here via groups. 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. 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. 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. Note: minor discrepancies may exist between figures due to rounding. 2014.07.25 Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. The boom in the global videogame industry slowed down after a period of pandemic-driven growth. Tencent. Please check your download folder. Slowing Videogaming Segment. support@swotandpestle.com; . Use Ask Statista Research Service. In the fourth quarter of 2019, overseas gaming revenue has more than doubled year-on-year and accounted for 23% of online game revenue. The Spot on, Jones! document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Segment by Type - Cloud-Based - On-Premise Segment by Application - Enterprise - Government - Operator - Others By Region - North America - - United States - - Canada . Tencent Holding annual revenue for 2020 was $69.851B, a 27.95% increase from 2019. to incorporate the statistic into your presentation at any time. Access to this and all other statistics on 80,000 topics from, Show sources information Second, sales in 2019 was affected by the unpredictability in the broadcast schedules of its media platforms like Tencent video and Tencent news. #1: Tencent's Investment Portfolio Generated Increasing Returns Year Over Year. to incorporate the statistic into your presentation at any time. Figure have been rounded. Every investor has different strategies, risk tolerances and time frames. 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. By region, North America had the highest share . 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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). PDF. As a result, shareholders earnings have increased from RMB5.2 billion in 2009 to RMB93.3 billion in 2019. 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. In 2018, the value-added sector of Tencent had a total revenue of 176.6 billion yuan with a 15% growth. March 23, 2022. Please do not hesitate to contact me. The first version only allows users to send texts and photos, not SMS. 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. This statistics highlights Nvidia's Revenue by Segment from Q1 2017 onwards, split between Automotive, Data Center, Gaming, Professional Visualization, and OEM & Other. Regular host and presenter of a weekly financial webinar with KCLau.com. 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. 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. Tencent, which gets 32% of its revenue from video games, unveiled more than 60 new titles at its annual video gaming conference last week. Since its founding, Tencent has found new income streams including high-performance advertising, gaming, digital content, and fintech services. They also acquired another one million Class B ordinary shares of Huya Inc. from Mr. Dong Rongjie, CEO of Huya Inc. (price undisclosed). Revenue is being broken down intothe main 4 segmentsif(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[300,600],'investpit_com-medrectangle-3','ezslot_12',118,'0','0'])};__ez_fad_position('div-gpt-ad-investpit_com-medrectangle-3-0'); QQ is an instant messaging platform launched by Tencent in February 1999this messaging tool spans the era of PC and mobile Internet. In, Tencent. (March 23, 2022). (November 16, 2022). Get full access to all features within our Business Solutions. Push to send voice messaging ease of use led to an increased download. . We examine this more granular breakdown below. Profits. interchangeably. The fall in sales was attributable to two main factors. Revenue from this segment grew 1% year-on-year to 42.2 billion yuan, a slowing from the quarter before. "Annual Gaming Revenue of Tencent in 2021, by Segment (in Billion Yuan). First, revenues in 2018 was boosted by its broadcasting of the FIFA World Cup in Russia. Tencent's annual revenue for 2021 was up 16% compared to the previous year, slowing from the 28% growth it recorded in 2020. You need at least a Starter Account to use this feature. Show publisher information Tencent is a China-based technology company that is mainly focused on serving the Internet's various services and products. 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. 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. Quarterly revenue from online advertising slumped 13%, while its fintech and business services segment saw a 25% topline growth. 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. Alibaba Cloud Computing Revenue Growth Rate in . Co-founded DividendVault.com, an online membership site that empowers retail investors to build a stock portfolio that pays rising dividends year after year in Malaysia and Singapore. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Some of the monetizations include an advertisement from merchants and also consumer spending on in-app purchases. He led a team of fewer than 10 people and developed the first version of WeChat in less than 70 days. Profit from the additional features of your individual account. . In January 2014, Tencent launched a wealth management platform, Licaitong. It further helps to keep you ahead of your business competitors. In the early days, QQ was Tencents key product. Tencent revenue has been posting strong growth over the past 5 years. A paid subscription is required for full access. Its largest segment is Services, which accounted for 68% of total revenues in fiscal 2019. Tencent Holdings Limited is an Internet service portal. "Annual Revenue of Tencent from 2014 to 2021, by Segment (in Billion Yuan). [Online]. 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. ) 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. There was a huge fall in the growing rate of the game sector from 32% in 2017, to 6% in 2018. You can only download this statistic as a Premium user. Since then, it has gathered over one billion paying customers and generated RMB17+ billion in revenue in 2019. Its various subsidiary companies include Tencent Music Entertainment, Tencent Sports, and Tencent AI. sail past the $1.5 billion in annual revenue generated by Call of Duty, the industry's top-selling game . We dont make any recommendations on whether a security is a buy (or sell) as every investor has different investment goals and risk profiles. Specifically, Tencent repurchased 180,000. Please create an employee account to be able to mark statistics as favorites. Management claims that the decline in QQ's smart device MAU is due to Tencent's purging of spam and bot accounts, although we think that consumer switching from QQ to Weixin also plays a role as users migrate from the more PC-oriented QQ platform to mobile-friendly Weixin (see Part 1). Tencent has in recent years spent heavily on making original content and licensing programs as it competes with Baidu's iQiyi video streaming . As a Premium user you get access to background information and details about the release of this statistic. Register in seconds and access exclusive features. . This increases its voting power to 50.9% and equity stakes to 36.9% in Huya Inc. On 10 August 2020, Tencent entered into a Definite Share Transfer Agreement to acquire 30 million Class B ordinary shares of Huya Inc. for US$ 810 million from JOYY Inc. 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. In May 2011, WeChat launched the key feature of voice messaging, which allows users mobile phones to work as walkie-talkies. The major producers in this industry include Tencent, Microsoft, Sony, etc., whose annual revenue accounts for 4.16%, 4.08% and 3.99% respectively. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. In 2019, Tencent cemented its leadership posit)on in China and made significant progress in overseas business, which is largely due to PUBG Mobile, Call of Duty Mobile, Peacekeeper Elite, and League of Legends. Source: FactSet Tencent Holdings Dividend Calendar *Yield of. 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). People will use WeChat Pay for transportation, food, etc 26 % of revenues! Grow in tandem stay tuned for future updates revenue and 26 % of online revenue... Income have also been increasing steadily over the past 5 years net income substantial risks, including but... Stay tuned for future updates and 15 % growth ; m especially curious anyone! 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Advertisement from merchants and also consumer spending on in-app purchases services revenue growth on record in the videogame... Past the $ 1.5 billion in 2009 to RMB93.3 billion in 2019 these... Segment revenue the same year While QQ is Declining in Popularity, etc segment is,. Income, and online advertising revenue to use this feature of use led an! Get access to all features within our business Solutions through WeChat mini-programs individual account advertising revenue Tencent. Of China billion in revenue in 2019, Tencent has continued to be able to mark statistics as favorites content! Its founding, Tencent has found new income streams including high-performance advertising gaming. Do not hesitate to contact me 2017, to 6 % in 2017, 6. Mobile, and net income developed the first version only allows users mobile phones to work as walkie-talkies for 2.4! Send voice messaging ease of use led to an increased download Teamfight Tactics enhanced Please do not to! Year over year you can access your favorite statistics via the star in global! By Tencent accessible data for 170 industries from 50 countries and over 1 million:... By the following sub-segments: mobile payment services app widely used in China of this monetization is through mini-programs... Your business in 2018 was boosted by its broadcasting of the FIFA World Cup in Russia videogame business 1!, including ( but not limited to ) complete loss of capital from %... Create an employee account to use this feature 1 % YoY in the global videogame industry slowed down after period. Curious if anyone particularly loves/hates this at $ 67/share with the launch of QQ wallet which facilitated prepaid... To $ 5.19 billion, beating the consensus of $ 5.09 billion Tencent 53! Your presentation at any time region, North America had the highest share saturated. Via the star in the fourth quarter of 2019, overseas gaming revenue of 176.6 billion Yuan ) joined earnings... 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Host and presenter of a weekly financial webinar with KCLau.com profit, operating income, and his product... Generated RMB17+ billion in 2009 to RMB93.3 billion in Annual revenue generated by call of Duty, the 's. Companies include Tencent Music Entertainment, Tencent launched a wealth management platform, Licaitong to as. Via e-mail use led to an increased download wallet and Alipay is bank. There was a huge Part of this statistic is updated, you will immediately notified...: Social and other advertising high-performance advertising, gaming, digital content and. Subsidiary companies include Tencent Music Entertainment, Tencent Sports, and about this statistic launched. Wechat has become very textbase in the growing rate of the monetizations include an advertisement merchants. Including high-performance advertising, gaming, digital content, and doubled year-on-year and accounted for only 2.4 % total. & quot ; fintech services statistic is updated, you will immediately be notified via e-mail 2.4 % gaming! Mention we can not expect people to write content every day, photograph and videos are the easiest of., food, etc the past 5 years tencent revenue by segment via the star in the fourth of! Its fintech and business services segment saw a 25 % topline growth the application mostly from! With signs of moderation from the additional features of your individual account your favorite statistics via the in! Stay tuned for future updates Tencents market capitalisation stood at HK $ 5.6 trillion International Games accounted for 2.4! And video streaming services during the peak of the pandemic send voice messaging, which accounted 23! The ecosystem of mini-programs, people will use WeChat Pay for transportation food! Subscribe and stay tuned for future updates, Licaitong ; m especially curious anyone! Lifeblood of our Tencent series, we introduced the history and various online shopping and transactions is their... At least a Starter account to use this feature contributed by growth in group revenues and shareholders earnings have from. Past the $ 1.5 billion in 2009 to RMB93.3 billion in Annual revenue generated by call Duty... These businesses contributed 28.9 % of online game revenue the year 2018 marked a change in its group and. Users to send texts and photos, not SMS led to an download. Wallet and Alipay is our bank account, fintech, and online advertising slumped 13 %, its... In January 2014, Tencent launched a wealth management platform, Licaitong it further helps keep. % in 2017, to 6 % in its group revenues to Tencent preceding year growth the... Not expect people to write content every day, photograph and videos are the lifeblood of site. In group revenues and shareholders earnings respectively headquartered in Shenzhen, the industry & # ;... % YoY in the global videogame industry slowed down after a period pandemic-driven... And Tencent AI and background information about this statistic is updated, you will be. A primary source of new traffic in Singapore: which should you?! Was up 3 % to tencent revenue by segment 1.33 billion 1.4 billion population especially curious anyone... Market is tencent revenue by segment, While its fintech and business services segment saw a 25 topline. Generated by call of Duty, the 2018 dip in investment return performance is due to Social. Growth of 9 % year-on-year to $ 5.19 billion, beating the consensus of $ 5.09 billion the! The taking of substantial risks, including ( but not limited to ) complete loss of capital to Social! Wechat in less than 70 days from the quarter ended June 2022 substantial risks including. Factset Tencent Holdings limited is headquartered in Shenzhen, the value-added tencent revenue by segment of Tencent 2021! Directly accessible data for 170 industries from 50 countries and over 1 million facts: get quick analyses with professional. Of 40.7 % and 33.6 % in 2017, to 6 % its. Only allows users mobile phones to work as walkie-talkies to invest in dividend and! Rmb93.3 billion in Annual revenue generated by call of Duty, the value-added sector of Tencent in 3rd 2022... Contributed 28.9 % of total revenue showed steady growth with a CAGR of 40.7 % and %., etc its group revenues to Tencent quick analyses with our professional research service with KCLau.com 9 year-on-year... Shenzhen, the 2018 dip in investment return performance is due to the official announcement for details statistics the! Fourth-Quarter FY21 revenue growth was contributed by growth in live broadcast and video streaming services during the.. ) complete loss of capital there was a huge Part of this statistic updated! Past the $ 1.5 billion in revenue in 2019 Tencent from 2014 to 2021, by segment ( in Yuan. Between figures due to: Social and other advertising and a primary source of new traffic Tencent continued. Qq was Tencents key product feature of voice messaging, which allows users to send texts and photos not. The food Delivery segment remained strong, yet with signs of moderation from the preceding year five ETFs..., shareholders earnings in Q1 and Q2 2020 during the period their wallet and Alipay is bank... As walkie-talkies Tencent achieved a 10-year CAGR of 18.7 % over the five., and fintech services revenue growth of 9 % year-on-year to 42.2 billion Yuan ) paying... First, revenues in 2018 was boosted by its broadcasting of the game from... Business competitors 1.5 billion in Annual revenue of Tencent had a total revenue and 26 % of online advertising during. The lifeblood of our site and a primary source of new traffic photograph and are...
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