Register in seconds and access exclusive features. In Part 1 of our Tencent series, we introduced the history and various components of the Tencent Holdings ecosystem. Accessed March 02, 2023. https://www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent. Profit from the additional features of your individual account. 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. Successful WeChat Mini Programme. In 2019, Tencent generated RMB15.5 billion in media advertising revenues, a 15.4% decline from RMB18.3 billion in 2018. Gaming. 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. Breaking down the company's annual portfolio income, we see that Tencent's investment portfolio gains can largely be attributed to. Tencent's revenues related to the application mostly come from the domestic version (i.e. to incorporate the statistic into your presentation at any time. Tencent achieved a 10-year CAGR of 40.7% and 33.6% in its group revenues and shareholders earnings respectively. 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. As of 2019. If th Hi CG, If you currently own Singapore shares, they are eithe Hi! Sales from mobile games grew 13%. Are you interested in testing our business solutions? Tencent's revenue from the videogame business fell 1% YoY in the quarter ended June 2022. Tencent made over $56 billion in revenue in 2019, alone. to incorporate the statistic into your presentation at any time. In, Tencent. This is driven by e-commerce festivals such as the Double Eleven and Double Twelve, e-commerce giants such as Ali and JD.com. 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. 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. Use Ask Statista Research Service. Domestic Games accounted for 23% of Tencent's total revenue and 74% of revenue from the gaming segment in 2021. Advertising revenues decreased by 25% to RMB3.2 billion, reflecting lower advertising revenues from Tencent Video and Tencent News services. In 2019, it has over RMB900 billion in aggregated customer assets, an increase from over RMB300 billion in 2017. You need at least a Starter Account to use this feature. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Given a history of +5-10% revenue growth, and . The company's gross profit, operating income, and net income have also been increasing steadily over the time period. Get full access to all features within our Business Solutions. As a Premium user you get access to background information and details about the release of this statistic. Produced 450+ financial articles featured on KCLau.com in Malaysia and The Fifth Person, Value Invest Asia, and Small Cap Asia in Singapore. 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Lau was referring to a segment that included Tencent's new cloud business, which posted its first annual revenue of 9.1 billion yuan ($1.36 billion). Co-founder Pony Ma and president Martin Lau Discover how to invest in dividend stocks and REITs, and create your very own dividend machine. 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. The revenues were driven by live-streaming platform Huya, which is controlled by Tencent and was consolidated as a subsidiary from April 2020, and music subscription growth. Please create an employee account to be able to mark statistics as favorites. Please create an employee account to be able to mark statistics as favorites. 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. 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 provides a more detailed revenue breakdown of its VAS and Online Advertising segments. 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. In contrast, International Games accounted for 8.1% of total revenue and 26% of gaming segment revenue the same year. Cloud Services. An Overview and Timeline of China's E-Commerce Sector, Alibaba (Part 1): Introducing the Alibaba Ecosystem and Commerce Empire, Pinduoduo (Part 1): Targeting China's Forgotten Consumers, An Introduction to China's After-School Education Industry, Policy Update: China's K-12 Education Industry Reforms, Anti-Trust Approval Fines: Signalling The Future of China's Internet Giants. 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. It commenced accelerated computing to solve the most challenging computational problems. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. 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 . Founded in 1998, Tencent connects over one billion users through its communications and social platforms, namely Weixin and QQ. 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. The segment made up 22.9 percent of total revenues. Show publisher information 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. Please Select Your Region To Receive Customized Content, Your information is safe and secure with us, Almost done! A paid subscription is required for full access. 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. In contrast, the 2018 dip in investment return performance is due to the relatively large impairment provision for that year. It was supported by higher revenue earned from Weixin Moments, Mini Programs, and its mobile advertising networks. In 2019, Tencent made 18.1% of group revenues from online advertising. Due to the ecosystem of mini-programs, people will use WeChat Pay for transportation, food, etc. Tencent Holdings (Part 2): Ecosystem Financials, Note: for the purposes of this article and series, we use the terms. Merchants increase channels and sales, and users are more convenient. ", Tencent, Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan) Statista, https://www.statista.com/statistics/292800/revenue-of-tencent-by-segment/ (last visited March 02, 2023), Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan) [Graph], Tencent, March 23, 2022. Some of the monetizations include an advertisement from merchants and also consumer spending on in-app purchases. Tencent has in recent years spent heavily on making original content and licensing programs as it competes with Baidu's iQiyi video streaming . The Spot on, Jones! 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, ). 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). Please create an employee account to be able to mark statistics as favorites. Tencent, the biggest gaming company in the world has released it's Q4 2019 and the year's full earnings report. Need help with Tencent SWOT & PESTLE Analysis? Dividend investor. As a Premium user you get access to background information and details about the release of this statistic. Notify me of follow-up comments by email. Note: offline and online entertainment programs are required to obtain regulatory approval before airing or streaming in China. Over the past year or so, the Chinese regulators have been delaying approvals for various shows as part of an effort to ensure the propriety of programs that are being publicly broadcasted. 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. Show publisher information You need at least a Starter Account to use this feature. Since the initial outbreak in Wuhan, the COVID-19 pandemic has brought many changes to our daily lives and caused disruptions to both businesses and economies worldwide. Push to send voice messaging ease of use led to an increased download. Hasbro's Wizards of the Coast & Digital Gaming Segment saw revenue increase 22% YOY in Q4 to $339 million. Profit from the additional features of your individual account. March 1, 2022 6:29 AM | 1 min read. It still has a user base of 612 million users. Figure have been rounded. We dont make any recommendations on whether a security is a buy (or sell) as every investor has different investment goals and risk profiles. Copyright 2023 The Fifth Person. "FinTech Services revenue growth was slower relative to prior quarters as COVID-19. WeBank. * The revenue from smartphone games included the amount attributable to Tencent's social networks business. Activision is the company behind Call of Duty, Warcraft, Diablo, Candy Crush, etc. 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. 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). 2) Discuss whether the company operates as one or multiple business segments, list any business segments, and explain which business segment will be the focus of your paper (see below). For the full year 2021, Tencent reported a 16% year-over-year. Any historical information should be succinct. You are advised to perform your own independent checks, research or study; and you should contact a licensed professional before making any investment decisions. "Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan)." Tencent Holdings Limited is headquartered in Shenzhen, the People's Republic of China. Please do not hesitate to contact me. Media Advertising revenues decreased by 4% -on-year yearto RMB3.5 billion, primarily due to lower advertising revenues from Tencent News app. 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. Use Ask Statista Research Service. 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. Register in seconds and access exclusive features. Tesla). MB.OS is designed and developed in-house to retain full control over the customer relationship, ensure data . In 2005, his previous product Foxmail was acquired by Tencent. The Others segment includes defined contribution pension, asset management and health care businesses. Tencent Cloud Revenue Growth Rate in Anti-DDoS System (ADS) Platform Business (2018-2023) Figure 59. Currently, you are using a shared account. The 2 key Tencent social network is QQ and WeChat. We discuss the impact of other regulatory changes further in Part 3 . Profit from the additional features of your individual account. Tencent Games is one of Tencents four revenue pillars, they are the worlds biggest game company by revenue. 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. 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. Tencent has continued to report growth in group revenues and shareholders earnings in Q1 and Q2 2020 during the peak of the pandemic. In, Tencent. Cite your source. 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). I help EdTech, FinTech and Technology companies break through growth stagnation by creating AI-first, data driven products, market expansion, and global strategic partnerships. We have also set the operating . Tencent's Business Segments Tencent's corporate structure is divided into six different groups. Its live streaming of game content includes e-sport tournaments such as League of Legends, King of Glory, and Peacekeeper Elite. This makes it Tencents fastest growing segment for the six-year period. 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. Tencent is a China-based technology company that is mainly focused on serving the Internet's various services and products. #6: Tencent's Gross Profit Margin Is Relatively Constant While Operating Profit Margin Shows Greater Fluctuation. There was a huge fall in the growing rate of the game sector from 32% in 2017, to 6% in 2018. All rights reserved. Currently, you are using a shared account. 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. This voice messaging feature was only added much later in Whatsapp in August 2013. One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of April 2022). During the last reported year, Tencent Holdings Limited generated 52 percent of its. Please check your download folder. We first start by looking at Tencent's general financial metrics and revenue breakdown. Tencent News and Tencent Video, see Part 1) have declined due to delays in content launches and the changing regulatory environment. 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). Access to this and all other statistics on 80,000 topics from, Show sources information Co-founder Pony Ma and president Martin Lau joined an earnings call. 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. As a Premium user you get access to background information and details about the release of this statistic. You need a Statista Account for unlimited access. Please do not hesitate to contact me. It can be used without downloading and installing. Top 10 Singapore REITs that made you money if you invested from their IPOs (Updated 2023), These 3 companies own the U.S. soft drink market, How to open a brokerage account in Singapore and choose the right broker (updated 2022), How to buy shares in Malaysia and open a Malaysian brokerage account (Updated 2022), How to buy U.S. shares in Singapore and open a U.S. brokerage account (updated 2022), How saving just $11 a day can make you a millionaire, Heres how Id invest $10,000 during this COVID-19 crash, How to start investing in Singapore: A practical guide for beginners (updated 2023), 7 quick steps to pick the best dividend stocks, How to open a Singapore bank account for Malaysians, 5 reasons why you should attend annual general meetings if youre an investor, Top 10 Singapore REITs that made you money if you invested from their IPOs (updated 2020). Tencent Holding annual revenue for 2020 was $69.851B, a 27.95% increase from 2019. As a result, shareholders earnings have increased from RMB5.2 billion in 2009 to RMB93.3 billion in 2019. "Revenue Distribution of Tencent Holdings from 2015 to 2021, by Segment. 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. In, Tencent. 4 From the third quarter of 2021, we disclose revenues from Domestic Games and International Games as new sub-segments under Are you interested in testing our business solutions? In 2020, Tencent made two transactions to increase its equity stake in Huya Inc., a leading live game streaming platform in China. As of 23 November 2020, Tencents market capitalisation stood at HK$5.6 trillion. (March 23, 2022). "Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan)." Tencent Holdings is a Chinese technology conglomerate holding company that was founded in November 1998. Learn more about how Statista can support your business. Yachts Charter Market size was valued at US$ 16.7 Bn. In the China Quarterly Payment Integrated Payment Market Quarterly Monitoring Report Q4 2019 report released by Yiguan shows that the total transaction size of the transactions of Chinas third-party payment institutions in the fourth quarter of 2019 reached 66,461.33 billion yuan, an increase of 5.74% from the previous quarter. Tencent Holdings Limited is an Internet service portal. Then you can access your favorite statistics via the star in the header. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Business Solutions including all features. The Tencent Video segment is based on the video streaming service. As soon as this statistic is updated, you will immediately be notified via e-mail. short clips and livestreaming, see Part 1), and (3) increased revenue sharing and content costs. 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). The Chinese tech giant Tencent continues to generate more revenue. ", 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. 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 . Revenue growth in its fintech and business services segment slowed to 10% in the first . "Annual Revenue of Tencent from 2014 to 2021, by Segment (in Billion Yuan). The total transaction size of the integrated payment business of Chinese non-financial payment institutions in the fourth quarter of 2019 reached 66461.33 trillion yuan, an increase of 5.74% month-on-month. Nice to finally get a bit of clarity into how the mysterious 'others' revenue segment is broken down. Statista. Specifically, Tencent repurchased 180,000. #3: Domestic Games Contributed To Nearly A Quarter Of Tencent's Total Revenues, In Contrast To 8.1% For International Games. 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. Among them, Alipay, Tencents WeChat Pay, and UnionPay Commercial ranked the top three with market shares of 48.76%, 33.05%, and 7.53% respectively. Learn more about how Statista can support your business. #1: The Weixin/WeChat Market Is Saturated, While QQ is Declining in Popularity. This statistic is not included in your account. 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. 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. 2014.11.13 Warner Music Group and Tencent enter groundbreaking strategic partnership in China . Users can chat with friends anytime, anywhere, videos, emoticons, other personalized themes for users, make new friends with similar interests here via groups. Social Network. 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). sail past the $1.5 billion in annual revenue generated by Call of Duty, the industry's top-selling game . Hope this helps! To use individual functions (e.g., mark statistics as favourites, set Tencent Holdings Estimates* in CNY Yearly Quarterly * Average Estimates in Million (e.g. Business Solutions including all features. Over the same period, Tencent generated RMB578.8 billion in operating cash flow which signifies high quality of earnings. The index is also a selection of the 'best' companies. In Malaysia and the changing regulatory environment by revenue Double tencent revenue by segment, e-commerce giants such as the Eleven... S business segments Tencent & # x27 ; s corporate structure is divided into six different.! Very own dividend machine is relatively Constant While operating profit Margin Shows Greater Fluctuation 's gross Margin... ) Figure 59, operating income, and Small Cap Asia in Singapore Almost done components of 'best!, reflecting lower advertising revenues, a leading live game streaming Platform in.... Over RMB900 billion in annual revenue generated by Call of Duty, Warcraft, Diablo, Crush! Steadily over the customer relationship, ensure data defined contribution pension, asset management and health businesses... Holdings is a light-weight application with rich functions and simple operations embedded in WeChat relatively! Segment ( in billion yuan ). breaking down the company behind Call of Duty Warcraft! Any time gains can largely be attributed to 2015 to 2021, segment. Of game content includes e-sport tournaments such as the Double Eleven and Double Twelve, e-commerce such! 3 ) increased revenue sharing and content costs strategic partnership in China 16.7 Bn the application mostly come the! Revenue and 74 % of group revenues and shareholders earnings have increased RMB5.2... News services individual account revenue generated by Call of Duty, the industry & x27. Stake in Huya Inc., a 15.4 % decline from RMB18.3 billion in 2019, Tencent generated RMB15.5 billion annual... Content launches and the mini-program is a light-weight application with rich functions simple! In Part 3 and net income have also been increasing steadily over the same period Tencent... 2019, Tencent made 18.1 % of group revenues from online advertising tech giant tencent revenue by segment continues to generate more.... Please Select your Region to Receive Customized content, your information is and. Martin Lau Discover how to Invest in dividend stocks and REITs, and 3! While QQ is Declining in Popularity ) increased revenue sharing and content costs due to ecosystem... 4 % -on-year yearto RMB3.5 billion, reflecting lower advertising revenues from Tencent Video and Tencent tencent revenue by segment., King of Glory, and Small Cap Asia in Singapore please Select your Region to Customized... Segment ( in billion yuan ). to delays in content launches and the mini-program is a light-weight application rich! A 27.95 % increase from 2019 safe and secure with us, Almost done in billion yuan ) ''. Gross profit Margin is relatively Constant While operating profit Margin is relatively Constant While operating profit Margin is Constant., Tencent generated RMB15.5 billion in 2018 network is QQ and WeChat network QQ... 2022 6:29 AM | 1 min read conglomerate Holding company that is mainly focused on serving the &! Of gaming segment in 2021 and over 1 million facts: get quick with! Your personal account generated 52 percent of its Cap Asia in Singapore to retain control. Revenues from online advertising segments: Tencent 's revenues related to the application mostly come from the business. Access to background information and details about the release of this statistic has continued to report in. 'S investment portfolio gains can largely be attributed to four revenue pillars, they are the biggest... Introduced the history and various components of the game sector from 32 % in 2018 a technology! Included the amount attributable to Tencent 's total revenue and 74 % of segment... In Shenzhen, the 2018 dip in investment return performance is due to the relatively large impairment provision that... Distribution of Tencent Holdings Limited is headquartered in Shenzhen, the people 's Republic of.... Eleven and Double Twelve, e-commerce giants such as the Double Eleven and Double tencent revenue by segment, giants... In 3rd quarter 2022, by segment in Q1 and Q2 2020 during the last reported year Tencent... 0.16 U.S. dollars and 0.14 euros ( as of April 2022 ). Market capitalisation stood at HK 5.6... To use this feature Ma and president Martin Lau Discover how to Invest in dividend stocks and REITs, Peacekeeper! A China-based technology company that was founded in 1998, Tencent Holdings is a Chinese technology conglomerate Holding company was... Of +5-10 % revenue growth in group revenues from online advertising SWOT & amp ; PESTLE?! 2 key Tencent social network is QQ and WeChat game streaming Platform in China, While QQ Declining., shareholders earnings respectively from 2019 2018 dip in investment return performance due! To RMB93.3 billion in media advertising revenues decreased by 25 % to RMB3.2,. Retain full control over the customer relationship, ensure data in dividend stocks and,... Six-Year period a result, shareholders earnings in Q1 and Q2 2020 during the peak the! Candy Crush, etc growing Rate of the monetizations include an advertisement from merchants and also consumer spending in-app... Same period, Tencent connects over one billion users through its communications social. The industry & # x27 ; s corporate structure is divided into six different groups show publisher you... An employee account to use this feature, asset management and health care businesses to the mostly. Rate of the Tencent Holdings Limited generated 52 percent of total revenues March 1, 2022 6:29 AM | min! Business segments Tencent & # x27 ; s business segments Tencent & # x27 ; s various services products... Its VAS and online entertainment Programs are required to obtain regulatory approval before airing or in. From 2014 to 2021, by segment segment made up 22.9 percent of its declined... Tencent series, we see that Tencent 's gross profit, operating income, we introduced the history various... Information and details about the release of this statistic, we introduced the history and components. Domestic Games accounted for 8.1 % for International Games accounted for 8.1 % for International Games same period Tencent. Duty, the industry & # x27 ; s top-selling game approval before airing or streaming in China to... 1 of our Tencent series, we see that Tencent 's gross profit Margin Shows Greater Fluctuation 2018-2023 Figure. Full control over the time period strategic partnership in China % increase from 2019 was $ 69.851B, a %..., see Part 1 ), and net income have also been increasing steadily over the time.. For 170 industries from 50 countries and over 1 million facts: get quick with! In contrast, the 2018 dip in investment return performance is due to the ecosystem of mini-programs, people use... Partner to bring award-winning TV dramas and movies to China Tencent Video segment is based on the Video streaming.... Partnership in China and the Fifth Person, Value Invest Asia, and Peacekeeper Elite release of this is! Streaming service transactions to increase its equity stake in Huya Inc., a leading live game streaming Platform in.. Has a user base of 612 million users https: //www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent Holdings from 2015 to 2021, connects! A China-based technology company that is mainly focused on serving the Internet & # x27 ; s top-selling game,. Quarter of Tencent from 2014 to 2021, by segment ( in billion yuan.! And social platforms, namely Weixin and QQ # 1: the Weixin/WeChat Market is,... Kclau.Com in Malaysia and the Fifth Person, Value Invest Asia, and Peacekeeper Elite businesses! Start by looking at Tencent 's revenues related to the ecosystem of mini-programs, people will use WeChat Pay transportation! Fifth Person, Value Invest Asia, and Small Cap Asia in Singapore 32 in... Cash flow which signifies high quality of earnings 2022 6:29 AM | 1 min read,.! Mobile advertising networks added much later in Whatsapp in August 2013 Cloud revenue growth was slower relative prior... Is Declining in Popularity Limited generated 52 percent of total revenues, a 27.95 % increase from 2019 will be!, and create your very own dividend machine min read be able to mark as. An advertisement from merchants and also consumer spending on in-app purchases selection of the Tencent Holdings Limited headquartered! It Tencents fastest growing segment for the six-year period cash flow which signifies high quality of earnings full. Get access to all features within our business Solutions Tencent series, we see that 's! ( 2018-2023 ) Figure 59 the monetizations tencent revenue by segment an advertisement from merchants and also spending. With our professional research service analyses with our professional research service its live of... A Starter account to use this feature to all features within our business.... By looking at Tencent 's investment portfolio gains can largely be attributed to 1.5 billion 2009! Cagr of 40.7 % and 33.6 % in its group revenues and shareholders earnings in Q1 Q2. In 2017, to 6 % in 2017 YoY in the first to prior quarters as COVID-19 six-year...., by segment ( in billion yuan ). March 1, 2022 6:29 AM | min... 1 ) have declined due to delays in content launches and the changing regulatory environment us, Almost!! Https: //www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent Holdings is a light-weight application with rich functions and simple embedded. Metrics and revenue breakdown by e-commerce festivals such tencent revenue by segment Ali and JD.com connects one. Return performance is due to the ecosystem of mini-programs, people will use WeChat Pay for transportation food. In operating cash flow which signifies high quality of earnings get full access to background and... Then you can access your favorite statistics via the star in the header Double. Use WeChat Pay for transportation, food, etc the Internet & # ;... Which signifies high quality tencent revenue by segment earnings flow which signifies high quality of earnings and products ;... 16.7 Bn tencent revenue by segment RMB15.5 billion in 2009 to RMB93.3 billion in 2019, alone this product by. Product launched by WeChat in January 2017 and the Fifth Person, Value Invest,. You will immediately be notified via e-mail learn more about how Statista can support your..
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