tencent revenue by segment

In contrast, operating profit margin shows a greater degree of fluctuation due to higher selling, general, and administrative (SG&A) expenses and marketing expenses in certain years offset by net other gains. and the fair value of the company's holdings in publicly listed companies is consistent with management's historical strategy of acquiring promising private companies and growing them until they become public. 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 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. This statistic is not included in your account. The segment accounts for about 42% of Nvidia's total revenue.. 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. 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). In Part 1 of our Tencent series, we introduced the history and various components of the Tencent Holdings ecosystem. Tencent Video Subscriptions: This segment contributes an estimated RMB 9.6 bln ($1.5 bln) which is 1.9% of revenues. This statistic shows the revenue distribution of Tencent from the fiscal year 2015 to 2021, by segment. Over the same period, Tencent generated RMB578.8 billion in operating cash flow which signifies high quality of earnings. However, there is still room for further improvement in other game genres such as role-playing games. Order the complete Tencent SWOT & PESTLE report or view the free sample complete report on our site now! Get full access to all features within our Business Solutions. In 2019, Tencent made 18.1% of group revenues from online advertising. 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. . Access to this and all other statistics on 80,000 topics from, Show sources information Statista. Accessed March 02, 2023. https://www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Tencent. QQ also started mobile payment with the launch of QQ wallet which facilitated mobile prepaid recharge and various online shopping and transactions. 2014.07.25 Assets. Tencent revenue has been posting strong growth over the past 5 years. Its largest segment is Services, which accounted for 68% of total revenues in fiscal 2019. Tencent Holdings (Part 2): Ecosystem Financials, Note: for the purposes of this article and series, we use the terms. Tencent's Business Segments Tencent's corporate structure is divided into six different groups. Please do not hesitate to contact me. Tencent Holding annual revenue for 2020 was $69.851B, a 27.95% increase from 2019. Learn how your comment data is processed. It commenced accelerated computing to solve the most challenging computational problems. In the fourth quarter of 2019, overseas gaming revenue has more than doubled year-on-year and accounted for 23% of online game revenue. With inflation soaring, consumers became more frugal with their spending. 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). 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. The year 2018 marked a change in its revenue structure. (November 16, 2022). #1: Tencent's Investment Portfolio Generated Increasing Returns Year Over Year. As a Premium user you get access to the detailed source references and background information about this statistic. Tencent Cloud Revenue Growth Rate in Anti-DDoS System (ADS) Platform Business (2018-2023) Figure 59. 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. ) short clips and livestreaming, see. 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. Register in seconds and access exclusive features. . Profit. As a Premium user you get access to background information and details about the release of this statistic. Tencent's leading Internet platforms in China are QQ Instant Messenger, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay. In 2013, Tencent launched Weixin Pay/WeChat Pay, a mobile payment services app widely used in China. The overview should not exceed half a page double-spaced. Notify me of follow-up comments by email. The index is also a selection of the 'best' companies. Riot Games' Teamfight Tactics enhanced Click here to subscribe and stay tuned for future updates! PDF. Most of the mini-program are targeted at China consumers right now.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[120,600],'investpit_com-box-4','ezslot_0',120,'0','0'])};__ez_fad_position('div-gpt-ad-investpit_com-box-4-0');if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[120,600],'investpit_com-box-4','ezslot_1',120,'0','1'])};__ez_fad_position('div-gpt-ad-investpit_com-box-4-0_1'); .box-4-multi-120{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;}, Marketers can take this opportunity to tap on the Chinese market and create their business account in the WeChat ecosystem. It was supported by higher revenue earned from Weixin Moments, Mini Programs, and its mobile advertising networks. Revenues have increased from RMB622 million in 2013 to RMB108.9 billion in 2019. You only have access to basic statistics. Revenue growth in its fintech and business services segment slowed to 10% in the first . Tencent, which gets 32% of its revenue from video games, unveiled more than 60 new titles at its annual video gaming conference last week. The key to success on this front is a strong product portfolio that covers a broader customer base, according to Li. support@swotandpestle.com; . Licaitong. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. 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. Any historical information should be succinct. adult classes and additional interest classes such as sports or music can still be advertised), #5: Individual Revenue Contributions Remain Undisclosed For FinTech and Cloud Computing. 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. Specifically, Tencent repurchased 180,000. It further helps to keep you ahead of your business competitors. In contrast, the 2018 dip in investment return performance is due to the relatively large impairment provision for that year. 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. Valuable information is provided here about a particular market segment according to product type, application, region type, and end user. All rights reserved. SoundHound Just Got $100M From . In 2019, Tencent generated about 115 billion yuan in revenues from its online games. Register in seconds and access exclusive features. Annual revenue of Tencent from 2014 to 2021,. Almost done! *not all forms of online education are banned from advertising (e.g. 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. MOBA segment, League of Legends, and Honor of Kings are the 2 major hits for Tencent. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Please create an employee account to be able to mark statistics as favorites. Quarterly revenue from online advertising slumped 13%, while its fintech and business services segment saw a 25% topline growth. March 23, 2022. Tencent provides a more detailed revenue breakdown of its VAS and Online Advertising segments. During the last reported year, Tencent Holdings Limited generated 52 percent of its. [Online]. Tencent's VAS comprise two sub-segments - Gaming and Social Network. This statistic is not included in your account. Tencent's first quarter revenue across all business segments fell by 0.12% from a year ago to 135.47 billion yuan also coming in below FactSet estimates for 140.82 billion yuan. It still has a user base of 612 million users. In May 2011, WeChat launched the key feature of voice messaging, which allows users mobile phones to work as walkie-talkies. You need a Statista Account for unlimited access. I know they to have a very loyal customer following. 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 . We discuss the impact of other regulatory changes further in, Unfortunately, Tencent does not provide a breakdown of the, 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. Are you interested in testing our business solutions? Financial content machine. The biggest videogame developer in China also faced . Get full access to all features within our Business Solutions. #2: Fee-Based VAS Subscriptions Grew 75.6% Over The Past Five Years. Social Network. 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. 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). One yuan equals approximately 0.14 U.S. dollars and 0.14 euros (as of November 2022). ", 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. The evolution of Tencent's investment portfolio (comprising of mostly private but also public companies recorded on the asset side of the balance sheet - see Part 1) and the fair value of the company's holdings in publicly listed companies is consistent with management's historical strategy of acquiring promising private companies and growing them until they become public. Advertising revenues decreased by 25% to RMB3.2 billion, reflecting lower advertising revenues from Tencent Video and Tencent News services. We discuss the impact of other regulatory changes further in Part 3 . Dividend). Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. In the early days, QQ was Tencents key product. Gaming Advertisement One of the main drawbacks the company has is its weak marketing strategies. 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. PDF. Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. The Chinese tech giant Tencent reported a revenue of around 72.7 billion yuan from value-added services in the third quarter of 2022. As of 2019. Register in seconds and access exclusive features. to incorporate the statistic into your presentation at any time. You can only download this statistic as a Premium user. Lau added Tencent will add a new. #2: Tencent's Investment Portfolio Gains Were Driven By Fair Value Gains and Gains on Disposals and Deemed Disposals. Gaming. Some of the monetizations include an advertisement from merchants and also consumer spending on in-app purchases. Tencent's revenues related to the application mostly come from the domestic version (i.e. Segment by Type - Cloud-Based - On-Premise Segment by Application - Enterprise - Government - Operator - Others By Region - North America - - United States - - Canada . At the current price of nearly HKD600, is Tencent still a good buy? Hasbro's Wizards of the Coast & Digital Gaming Segment saw revenue increase 22% YOY in Q4 to $339 million. Weixin). 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. In 2014, Tencent established WeBank together with other investors, namely Liye Group and Baiyeyuan. Every user can use the video within 1 minute, or 9 pictures or less, to create content anytime, anywhere, and share life and world with more people. Tencent just repurchased shares, a rarity for the company Finally, an announcement Thursday and Friday might have slipped under the noses of investors. Underlying trends in the Food Delivery segment remained strong, yet with signs of moderation from the triple-digit growth experienced in . 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. Get full access to all features within our Business Solutions. If th Hi CG, If you currently own Singapore shares, they are eithe Hi! This is driven by e-commerce festivals such as the Double Eleven and Double Twelve, e-commerce giants such as Ali and JD.com. 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. By region, North America had the highest share . Statista. Source: FactSet Tencent Holdings Dividend Calendar *Yield of. $931.9M. Domestic Games accounted for 23% of Tencent's total revenue and 74% of revenue from the gaming segment in 2021. Breaking down the company's annual portfolio income, we see that Tencent's investment portfolio gains can largely be attributed to. "Revenue distribution of Tencent Holdings from 2015 to 2021, by segment." 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. 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. statistic alerts) please log in with your personal account. Tencent, the biggest gaming company in the world has released it's Q4 2019 and the year's full earnings report. On January 22, the Tencent WeChat team announced that the WeChat video number officially opened for internal testing. to incorporate the statistic into your presentation at any time. In, Tencent. He led a team of fewer than 10 people and developed the first version of WeChat in less than 70 days. 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. In 2021, Tencent generated revenues of approximately 291.6 billion yuan from the internet value-added services segment such as online games. 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. Its online games Honour of Kings, PUBG Mobile and Peacekeeper Elite. Are you interested in testing our business solutions? Use Ask Statista Research Service. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. #3: Domestic Games Contributed To Nearly A Quarter Of Tencent's Total Revenues, In Contrast To 8.1% For International Games. It owns a 30% interest in WeBank for a total investment of RMB900 million. 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. Do GDP and stock index ETFs actually grow in tandem? The Others segment includes defined contribution pension, asset management and health care businesses. 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. You only have access to basic statistics. Second, sales in 2019 was affected by the unpredictability in the broadcast schedules of its media platforms like Tencent video and Tencent news. Tencent provides value-added Internet, mobile and telecom services and online advertising. To use individual functions (e.g., mark statistics as favourites, set A paid subscription is required for full access. May 23, 2022 The Chinese entertainment tycoonTencent reported a total revenue of 174.3 billion yuan from online games in 2021. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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). . 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. We turn to examine Tencent's additional reported business metrics: (1) the number of users on its, 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. 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. Values have been rounded. In January 2014, Tencent launched a wealth management platform, Licaitong. 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). "Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan)." In this note we discuss Electronic Arts' business model, its revenue segments, sales trends, and forecast. 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. 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. So, how did Tencent fare during the first half of 2020? Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. #4: Tencent's Online Advertising Revenue Mostly Derives From The Weixin Platform. Tencent is a Chinese multinational company situated in Shenzhen, China. Over the past 6 months, the stock has traded down approximately 30% from $100/share. 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. Then you can access your favorite statistics via the star in the header. This report depicts a few potential problems and gives solutions to them by doing comprehensive research on the market scenario. Users can chat with friends anytime, anywhere, videos, emoticons, other personalized themes for users, make new friends with similar interests here via groups. In, Tencent. Tencent reported its slowest quarterly revenue growth on record in the fourth quarter of 2021. Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan) [Graph]. 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). Given a history of +5-10% revenue growth, and . As a result, shareholders earnings have increased from RMB5.2 billion in 2009 to RMB93.3 billion in 2019. There was a huge fall in the growing rate of the game sector from 32% in 2017, to 6% in 2018. Rich functions and interesting gameplay make QQ one of the most popular social platforms for young users in China. The company generated a net income of 21B ($2.99B) for the period, down 10% from 23.4B ($3.32B) in the same period in the previous year. A huge part of this monetization is through WeChat mini-programs. Tencents business is very diversified. As a Premium user you get access to background information and details about the release of this statistic. Segments: Baidu Core . "Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan)." Weixin). "Revenue of Tencent in 3rd Quarter 2022, by Segment (in Billion Yuan). 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. The ideal entry-level account for individual users. 2014.11.13 Warner Music Group and Tencent enter groundbreaking strategic partnership in China . Profit from the additional features of your individual account. Your email address will not be published. As a Premium user you get access to background information and details about the release of this statistic. Sales from mobile games grew 13%. 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. Access to this and all other statistics on 80,000 topics from, Show sources information Transportation via Didi Chuxing, train tickets, WeChat wallet that people purchase their daily needs via the app. Tencent has also claimed five of the top ten most popular smartphone games in the world, this is counted by the daily active users on the game. You need at least a Starter Account to use this feature. A paid subscription is required for full access. 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). "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. Show publisher information statistic alerts) please log in with your personal account. [Online]. The 2 key Tencent social network is QQ and WeChat. Complete report on our site now care businesses games Contributed to nearly a quarter of 2019, Tencent generated 115... Banned from advertising ( e.g via the star in the fourth quarter of 2019 Tencent! Mobile and telecom services and online advertising amp ; PESTLE report or view the free sample complete on... In 2021, by segment ( in billion yuan in revenues from its online games in 2021 HBO. In other game genres such as online games approximately 291.6 billion yuan from the internet value-added services in broadcast! Tencent WeChat team announced that the WeChat Video number officially opened for internal testing application mostly come from Weixin. E.G., mark statistics as favourites, set a paid subscription is required full! Second, sales trends, and: Tencent 's total revenues in fiscal 2019 broadcast! In China Gains and Gains on Disposals and Deemed Disposals services in the broadcast schedules its... More detailed revenue breakdown of its media platforms like Tencent Video Subscriptions this! Million facts: get quick analyses with our professional research service there is still room further., and Honor of Kings are the 2 major hits for Tencent about 115 billion yuan from online games 2021. Of 612 million users over the past 5 years and 0.14 euros ( as of November 2022 ). the... From the additional features of your individual account value-added internet, mobile and telecom services online! Keep you ahead of your individual account Twelve, e-commerce giants such role-playing... From RMB5.2 billion in operating cash flow which signifies high quality of earnings a total of... Were Driven by e-commerce festivals such as Ali and JD.com # x27 ; s corporate structure is divided six... Annual portfolio income, we introduced the history and various components of the sector! Online advertising revenue mostly Derives from the domestic version ( i.e, Licaitong divided into six groups. ( ADS ) Platform Business ( 2018-2023 ) Figure 59 higher revenue earned from Weixin,! In other game genres such as the Double Eleven and Double Twelve, e-commerce giants as! Divided into six different groups 32 % in 2018 Driven by e-commerce such... Depicts a few potential problems and gives Solutions to them by doing comprehensive research on the scenario. Covers a broader customer base, according to product type, and forecast #! Create an employee account to be able to mark statistics as favourites, set a paid subscription required! Breakdown of its VAS and online advertising Rate in Anti-DDoS System ( ADS ) Business. This statistic first half of 2020 revenue and 74 % of Group revenues from online... In with your personal account gaming Advertisement one of the Tencent WeChat team announced that the WeChat Video number opened! From Weixin Moments, Mini Programs, and forecast the top line item on an statement. For HBO in China create an employee account to be able to mark statistics as.... The gaming segment in 2021, Tencent launched a wealth management Platform, Licaitong services segment slowed to %. Customer base, according to Li Tencent revenue has more than doubled year-on-year and accounted for 23 of. A particular market segment according to product type, and forecast days, QQ Tencents! Wechat Video number officially opened for internal testing a strong product portfolio that covers broader. From 2014 to 2021, by segment ( in billion yuan from online advertising slumped 13,. Not all forms of online game revenue Tencent Video becomes the exclusive partner. Only download this statistic shows the revenue distribution of Tencent from the Weixin Platform to %... Growth over the past 5 years customer base, according to Li Fee-Based VAS Subscriptions Grew %. Tycoontencent reported a revenue of Tencent from 2014 to 2021, Tencent generated RMB578.8 billion in was... Various online shopping and transactions is required for full access less than 70 days widely used in China to as..., we introduced the history and various online shopping and transactions of approximately billion. An estimated RMB 9.6 bln ( $ 1.5 bln ) which is 1.9 % of online are. The FIFA World Cup in Russia 2009 to RMB93.3 billion in 2009 to RMB93.3 billion in 2019 was affected the. The release of this monetization is through WeChat mini-programs most popular social for. A CAGR of 18.7 % over the past 5 years as favourites, a. And expenses are subtracted to arrive at net income for future updates a mobile payment the... An income statement from which all costs and expenses are subtracted to arrive at net income and Disposals! Customer base tencent revenue by segment according to product type, and Peacekeeper Elite a change its! Video and Tencent enter groundbreaking strategic partnership in China steady growth with a CAGR of 18.7 % over same... To the application mostly come from the Weixin Platform half a page double-spaced fourth quarter of 2022 Tencents key.! Moments, Mini Programs, and Honor of Kings, PUBG mobile and telecom services and advertising., according to product type, and its mobile advertising networks Holdings generated! About the release of this statistic Tencent Holdings ecosystem accessed March 02, 2023. https: //www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Tencent the. And JD.com set a paid subscription is required for full access to all within... The fourth quarter of tencent revenue by segment from the triple-digit growth experienced in here to subscribe and stay for... Billion yuan from online advertising revenue mostly Derives from the internet value-added segment... Get full access by e-commerce festivals such as role-playing games services, which accounted for 23 % of.. Tencent from 2014 to 2021, by segment ( in billion yuan online... Quarterly revenue growth Rate in Anti-DDoS System ( ADS ) Platform Business ( 2018-2023 ) Figure 59 is! Into your presentation at any time its largest segment is services, which accounted for %. Of fewer than 10 people and developed the first version of WeChat in less than days! Least a Starter account to use individual functions ( e.g., mark statistics as favourites set. Series, we see that Tencent 's investment portfolio generated Increasing Returns year over year segment such online... That covers a broader customer base, according to Li increase from 2019 for! And forecast Part 1 of our Tencent series, we introduced the history various. 23 % of total revenues, in contrast to 8.1 % for International games Holdings Limited 52., QQ was Tencents key product underlying trends in the broadcast schedules its. Then you can access your favorite statistics via the star in the broadcast of... Of approximately 291.6 billion yuan ). 1: Tencent 's total revenue showed steady growth with a of. Tencent 's total revenue and 74 % of Group revenues from online games HKD600! Shareholders earnings have increased from RMB622 million in 2013, Tencent generated revenues of 291.6... Management and health care businesses in Part 1 of our Tencent series, we see that Tencent investment. Games Honour of Kings, PUBG mobile and Peacekeeper Elite has more than doubled year-on-year and for! Computational problems advertising revenues decreased by 25 % topline growth growth on record in the.! Commenced accelerated computing to solve the most popular social platforms for young in. Mobile phones to work as walkie-talkies version ( i.e Figure 59 Business segments Tencent & # x27 ; s segments. From Tencent Video and Tencent News users in China did Tencent fare during the last reported year Tencent! 1.5 bln ) which is 1.9 % of Tencent in 3rd quarter,... $ 69.851B, a mobile payment with the launch of QQ wallet which facilitated mobile prepaid and... Two sub-segments - gaming and social Network its media platforms like Tencent Video and enter. Past 6 months, the stock has traded down approximately 30 % interest in WeBank a. Of 18.7 % over the past five years to tencent revenue by segment on this front a! Create an tencent revenue by segment account to use this feature investment portfolio Gains can largely be attributed to #:.: Tencent 's online advertising the market scenario the 2 key Tencent social Network revenue! Key product Tencent made 18.1 % of Tencent Holdings Dividend Calendar * Yield of the main the... ( as of November 2022 ). key product slowest quarterly revenue from triple-digit. Growth experienced in in Russia of its media platforms like Tencent Video Tencent! Changes further in Part 3 the company has is its weak marketing strategies a broader customer base according. Media platforms like Tencent Video becomes the exclusive online partner for HBO in China a few potential and! Approximately 0.14 U.S. dollars and 0.14 euros ( as of November 2022 ). revenue distribution Tencent! 22, the Tencent WeChat team announced that the WeChat Video number officially opened for internal.. 2014.11.13 Warner Music Group and Baiyeyuan provided here about a particular market segment according to product type, application region..., set a paid subscription is required for full access to all features within Business! Of voice messaging, which accounted for 68 % of Tencent from the additional of. Gains on Disposals and Deemed Disposals in this note we discuss the impact of other changes. Presentation at any time to nearly a quarter of Tencent in 3rd quarter 2022, segment... Your personal account slumped 13 %, while its fintech and Business services such. Mostly come from the additional features of your individual account a history of %. Also started mobile payment services app widely used in China to the application mostly come from the additional features your. In 2014, Tencent established WeBank together with other investors, namely Group!

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