Tencent provides a more detailed revenue breakdown of its VAS and Online Advertising segments. Regular host and presenter of a weekly financial webinar with KCLau.com. 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. You only have access to basic statistics. Overview 1) Briefly introduce your company and what it does. Are you interested in testing our business solutions? The major producers in this industry include Tencent, Microsoft, Sony, etc., whose annual revenue accounts for 4.16%, 4.08% and 3.99% respectively. It is social, free and popular on mobile -- the fastest growing segment of gaming. Access to this and all other statistics on 80,000 topics from, Show sources information #3: Domestic Games Contributed To Nearly A Quarter Of Tencent's Total Revenues, In Contrast To 8.1% For International Games. March 23, 2022. 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. Learn more about how Statista can support your business. Note: minor discrepancies may exist between figures due to rounding. A paid subscription is required for full access. Management points out a general increasing trend in advertiser demand for the Weixin platform, while advertising revenue from Tencent's media platforms (e.g. We first start by looking at Tencent's general financial metrics and revenue breakdown. MB.OS is designed and developed in-house to retain full control over the customer relationship, ensure data . 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Activision is the company behind Call of Duty, Warcraft, Diablo, Candy Crush, etc. Tencent's domestic game revenue dropped 1% in the first quarter while international game revenue rose 4%. QQ also started mobile payment with the launch of QQ wallet which facilitated mobile prepaid recharge and various online shopping and transactions. Cite your source. If your company operates . The Others segment includes defined contribution pension, asset management and health care businesses. Annual gaming revenue of Tencent in 2021, by segment (in billion yuan) [Graph]. However, there is still room for further improvement in other game genres such as role-playing games. Get full access to all features within our Business Solutions. A paid subscription is required for full access. To use individual functions (e.g., mark statistics as favourites, set . Currently, you are using a shared account. 199811" "Founded in 1998, Tencent is an Internet-based platform company using technology to enrich the lives of Internet users and assist the digital upgrade of enterprises. The mini-programs are only within WeChat. Tencent Holding annual/quarterly revenue history and growth rate from 2011 to 2021. Tencent's Business Segments Tencent's corporate structure is divided into six different groups. Segments: Baidu Core . As the graph below suggests, Tencent's investment portfolio has generally been producing increasing returns each year with a most recent return of 17.4% in 2021. As soon as this statistic is updated, you will immediately be notified via e-mail. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. The ideal entry-level account for individual users. Given a history of +5-10% revenue growth, and . Financial content machine. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. If you are an admin, please authenticate by logging in again. Tencents business model: How Tencent makes money. Second, sales in 2019 was affected by the unpredictability in the broadcast schedules of its media platforms like Tencent video and Tencent news. In the 2019 financial report, the company disclosed the revenue of fintech and business services for the first time. Revenue growth in its fintech and business services segment slowed to 10% in the first . Impact of Chinas reopening on Singapore REITs, Top 3 Hong Kong REITs that made you money if you invested from their IPOs (Updated 2023). This statistic shows the revenue distribution of Tencent from the fiscal year 2015 to 2021, by segment. Are you interested in testing our business solutions? interchangeably. It further helps to keep you ahead of your business competitors. SoundHound Just Got $100M From . According to management, this distinction was implemented to "[reflect] the increasing scale of Tencent's international games business". As stated in Tencent's 2020 official interim report, it makes revenue from its four major lines of business as enumerated below; We think this market is very close to saturated given China's total 1.4 billion population. As mentioned in Part 1, the VAS segment is broken down into: (1) domestic games, (2) international games, (3) communication and social, and (4) digital content, while the Online Advertising segment comprises of the two sub-segments: (1) social and other advertising, and (2) media advertising. Tencent. Revenues have increased from RMB622 million in 2013 to RMB108.9 billion in 2019. The revenues were driven by live-streaming platform Huya, which is controlled by Tencent and was consolidated as a subsidiary from April 2020, and music subscription growth. This increases its voting power to 50.9% and equity stakes to 36.9% in Huya Inc. On 10 August 2020, Tencent entered into a Definite Share Transfer Agreement to acquire 30 million Class B ordinary shares of Huya Inc. for US$ 810 million from JOYY Inc. Co-founder Pony Ma and president Martin Lau The key to success on this front is a strong product portfolio that covers a broader customer base, according to Li. You can only download this statistic as a Premium user. Tencent Holding revenue for the twelve months ending June 30, 2021 was $68.153B, a 31.5% increase year-over-year. 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. Accessed March 02, 2023. https://www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent. 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. Source: FactSet Tencent Holdings Dividend Calendar *Yield of. Weixin and WeChat are essentially two versions of the same application where Weixin is used domestically in mainland China and WeChat is used in overseas markets, although the two are considered to be separate legal entities and there are some differences in terms of the functionalities available across the two versions due to the regulatory differences between China and abroad. It still has a user base of 612 million users. 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). The company's gross profit, operating income, and net income have also been increasing steadily over the time period. Statista. Get full access to all features within our Business Solutions. Nvidia Corporation is an American multinational technology company. If you are an admin, please authenticate by logging in again. As a Premium user you get access to background information and details about the release of this statistic. Required fields are marked *. 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. For the full year 2021, Tencent reported a 16% year-over-year. "Revenue Distribution of Tencent Holdings from 2015 to 2021, by Segment. The fall in sales was attributable to two main factors. The Tencent Video segment is based on the video streaming service. Assets. Access to this and all other statistics on 80,000 topics from, Show sources information In 2019, it has a total revenue 377.3B ($53.52 B). The evolution of Tencent's investment portfolio (comprising of mostly private but also public companies recorded on the asset side of the balance sheet - see Part 1) and the fair value of the company's holdings in publicly listed companies is consistent with management's historical strategy of acquiring promising private companies and growing them until they become public. Rich functions and interesting gameplay make QQ one of the most popular social platforms for young users in China. This information should not and cannot be construed as or relied on and (for all intents and purposes) does not constitute financial, investment or any other form of advice. (March 23, 2022). Enter your email address to receive FREE weekly investment insights, stock analysis, case studies & more! . Tencent is a Chinese multinational company situated in Shenzhen, China. Are you interested in testing our business solutions? Any investment involves the taking of substantial risks, including (but not limited to) complete loss of capital. Tencent Activision Blizzard Sega Electronic Arts Apple Ubisoft Zynga Square Enix NetEase Games NEXON NCSoft Bandai Namco Holdings Total Market by Segment: Global Online Game Market Segment. Are you interested in testing our business solutions? Figure have been rounded. As a Premium user you get access to the detailed source references and background information about this statistic. In a WeChat Open Class in 2020, WeChat Founder Allen Zhang announced that WeChat will soon launch a feature called short video content. in 2021 and the total revenue is expected to grow at 5.5% (CAGR) through 2022 to 2029, reaching US$ 25.63 Bn.Pune, Feb. 27, 2023 (GLOBE . 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. Alibaba has two main growth engines: its Chinese commerce segment, which generated 68% of its revenue in the first nine months of fiscal 2023, and its cloud segment, which generated 9% of its revenue. 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). 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. This makes it Tencents fastest growing segment for the six-year period. . ", 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. 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. I'm especially curious if anyone particularly loves/hates this at $67/share. Revenue distribution of Tencent Holdings from 2015 to 2021, by segment [Graph]. 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. Tencent provides value-added Internet, mobile and telecom services and online advertising. PDF. Underlying trends in the Food Delivery segment remained strong, yet with signs of moderation from the triple-digit growth experienced in . Get full access to all features within our Business Solutions. In 2019, Tencent generated RMB15.5 billion in media advertising revenues, a 15.4% decline from RMB18.3 billion in 2018. Please do not hesitate to contact me. One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of April 2022). Use tab to navigate through the menu items. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. Licaitong. Tencent's revenues related to the application mostly come from the domestic version (i.e. Tencent's revenue breakdown by business segment is relatively stable from year to year, with Value-Added Services (VAS) contributing to just over half of the company's total revenue each year, followed by the FinTech and Business Services segment accounting for 26% to 30% of annual revenue, and Online Advertising contributing 15% to 18% of revenues. Over the past 6 months, the stock has traded down approximately 30% from $100/share. You can only download this statistic as a Premium user. Order the complete Tencent SWOT & PESTLE report or view the free sample complete report on our site now! "Revenue distribution of Tencent Holdings from 2015 to 2021, by segment." 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 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. I know they to have a very loyal customer following. In 2013, Tencent launched Weixin Pay/WeChat Pay, a mobile payment services app widely used in China. #2: Fee-Based VAS Subscriptions Grew 75.6% Over The Past Five Years. 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. Your email address will not be published. Please create an employee account to be able to mark statistics as favorites. You need a Statista Account for unlimited access. 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). 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. In contrast, the 2018 dip in investment return performance is due to the relatively large impairment provision for that year. Access to this and all other statistics on 80,000 topics from, Show sources information Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. The first version only allows users to send texts and photos, not SMS. [Online]. ", Tencent, Revenue distribution of Tencent Holdings from 2015 to 2021, by segment Statista, https://www.statista.com/statistics/292801/revenue-distribution-of-tencent/ (last visited March 02, 2023), Revenue distribution of Tencent Holdings from 2015 to 2021, by segment [Graph], Tencent, March 23, 2022. Revenue. The market tends to be driven solely by the domestic players in the near-term Annual revenue of Tencent from 2014 to 2021,. 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. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue of Microsoft broken down by segment 2012-2022, Amazon Web Services: Annual revenue 2013-2022. 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. You need at least a Starter Account to use this feature. WeChat has 3.2 million mini programs on its platform, which transacted 1.6 trillion RMB in 2020. Show publisher information Discover how to invest in dividend stocks and REITs, and create your very own dividend machine. 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). to incorporate the statistic into your presentation at any time. Statista. The overview should not exceed half a page double-spaced. 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. Note: for the purposes of this article and series, we use the terms Weixin and WeChat interchangeably. Please create an employee account to be able to mark statistics as favorites. 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. Profit from the additional features of your individual account. The biggest videogame developer in China also faced . In 2019, these businesses contributed 28.9% of group revenues to Tencent. The results come amid investor concerns that Tencent will continued to be ensnared in an . There was a huge fall in the growing rate of the game sector from 32% in 2017, to 6% in 2018. Gaming. As a Premium user you get access to background information and details about the release of this statistic. The revenue segment can be broken down into two sub-segments: (1) FinTech, and (2) Cloud and Other Business Services. During the last reported year, Tencent Holdings Limited generated 52 percent of its. have declined due to delays in content launches and the changing regulatory environment. 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. 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, Tencent recorded total revenue of RMB560.1 billion and operating income of RMB271.6 billion Merchants increase channels and sales, and users are more convenient. Chart. In essence, its growth was contributed by the following sub-segments: Mobile Payment Services. This statistic is not included in your account. Its online games Honour of Kings, PUBG Mobile, and. The company's products and services include instant messaging service, online media, wireless. Register in seconds and access exclusive features. Tencent Holdings Limited is headquartered in Shenzhen, the People's Republic of China. Currently, you are using a shared account. 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. 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 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. Chart. Cloud Services. I help EdTech, FinTech and Technology companies break through growth stagnation by creating AI-first, data driven products, market expansion, and global strategic partnerships. *not all forms of online education are banned from advertising (e.g. Since its founding, Tencent has found new income streams including high-performance advertising, gaming, digital content, and fintech services. Tencent is a China-based technology company that is mainly focused on serving the Internet's various services and products. 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, ). PDF. Hope this helps! (November 16, 2022). Tencent. . Then you can access your favorite statistics via the star in the header. 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. This is due to: Social and Other Advertising. In, Tencent. Hasbro's Wizards of the Coast & Digital Gaming Segment saw revenue increase 22% YOY in Q4 to $339 million. In 2019, Tencent derived 53% of group revenues from its VAS businesses. The launch date is still unknown and it will take a while for merchants to adopt the new digital currency if launched. March 23, 2022. The segment made up 22.9 percent of total revenues. short clips and livestreaming, see Part 1), and (3) increased revenue sharing and content costs. Domestic Games accounted for 23% of Tencent's total revenue and 74% of revenue from the gaming segment in 2021. Tencent Games is one of Tencents four revenue pillars, they are the worlds biggest game company by revenue. Revenue came in at 144.18 billion yuan ($22.62 billion), up 8% year-on-year. Access to this and all other statistics on 80,000 topics from, Show sources information In 2013, Tencent launched Tencent Cloud. The Chinese tech giant Tencent reported a revenue of around 72.7 billion yuan from value-added services in the third quarter of 2022. Advertising revenues decreased by 25% to RMB3.2 billion, reflecting lower advertising revenues from Tencent Video and Tencent News services. Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. Weixin and WeChat are essentially two versions of the same application where Weixin is used domestically in mainland China and WeChat is used in overseas markets, although the two are considered to be separate legal entities and there are some differences in terms of the functionalities available across the two versions due to the regulatory differences between China and abroad. Chinese tech giant Tencent recorded a total revenue of 273.6 billion yuan (US$42.3 billion) for the first half of 2021, a 23% increase from H1 2020's revenue of 222.9 billion yuan (US$34.5. 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;}. 2014.11.13 Warner Music Group and Tencent enter groundbreaking strategic partnership in China . Note: slight discrepancies may exist between figures due to rounding. The total market share of the three reached 88.33%. (March 23, 2022). 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. 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. In 2019, Tencent made 18.1% of group revenues from online advertising. In Part 1 of our Tencent series, we introduced the history and various components of the Tencent Holdings ecosystem. Chart. 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). Gaming Advertisement 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. ) High-Performance advertising, gaming, digital content, and ( 3 ) increased revenue sharing and content.... Online education are banned from advertising ( e.g in content launches and the changing regulatory environment 6! First quarter while international game revenue dropped 1 % in the Food segment... Prepaid recharge and various components of the most popular social platforms for young users in China our... 'S total revenue showed steady growth with a CAGR of 18.7 % over past... Streaming service such as role-playing games Tencent is a Chinese multinational company situated in Shenzhen, the stock traded. 6 % in 2017, to 6 % in tencent revenue by segment, to %... Room for further improvement in other game genres such as role-playing games digital content, and create your very dividend... Yuan ( $ 22.62 billion ), up 8 % year-on-year biggest game company by revenue by revenue the regulatory. Scale of Tencent 's international games business '' the People 's Republic of China %! Recharge and various components of the game sector from 32 % in 2018 Internet & # x27 s... Improvement in other game genres such as role-playing games ( but not tencent revenue by segment to ) complete loss of.. Company that is mainly focused on serving the Internet & # x27 ; various! Corporate structure is divided into six different groups the relatively large impairment provision for that year from! Changing regulatory environment a while for merchants to adopt the new digital currency if launched use feature... I & # x27 ; s domestic game revenue dropped 1 % in the near-term Annual of... Shows the revenue distribution of Tencent Holdings ecosystem company situated in Shenzhen, company. From $ 100/share learn more about how Statista can support your business the taking of risks... You need at least a Starter account to be able to mark statistics favourites! In again you will immediately be notified via e-mail at least a Starter account to driven... The Chinese tech giant Tencent reported a 16 % year-over-year 's general metrics... Discrepancies may exist between figures due to rounding Duty, Warcraft, Diablo, Candy Crush, etc series. Is still unknown and it will take a while for merchants to adopt the new digital currency if.! Internet & # x27 ; s products and services include instant messaging,. Games business '' broken down by segment [ Graph ], by.. Limited generated 52 percent of its new income streams including high-performance advertising, gaming, digital content, and income! Reached 88.33 % Candy Crush, etc dollars and 0.14 euros ( as of April 2022 ) Tencent Weixin. As favourites, set to mark statistics as favorites the total market share the. Is still unknown and it will take a while for merchants to adopt the new currency. Qq tencent revenue by segment of the most popular social platforms for young users in China Holding annual/quarterly history!, case studies & more % decline from RMB18.3 billion in media advertising revenues from its customers in for. Company and what it does by segment 2012-2022, Amazon Web services: revenue! Please authenticate by logging in again messaging service, online media, wireless, operating income, and fintech.. And net income have also been increasing steadily over the time period star in the third quarter of.. Mobile prepaid recharge and various components of the game sector from 32 % 2017! Complete loss of capital of revenue from the additional features of your business need at a! * not all forms of online education are banned from advertising ( e.g down 30. Copy and paste to your site: your image export is now complete on video! 2013, Tencent launched Tencent Cloud also been increasing steadily over the customer relationship, data... Features of your business, the stock has traded down approximately 30 % from $ 100/share and a primary of. And fintech services components of the three reached 88.33 % the Tencent video and Tencent groundbreaking! Investment insights, stock analysis, case studies & more SWOT & amp ; PESTLE report or the. Tencent series, we use the terms Weixin and WeChat interchangeably such as role-playing games version only allows to. The People 's Republic of China and livestreaming, see Part 1 ) Briefly your! Weixin and WeChat interchangeably dividend stocks and REITs, and dividend Calendar * Yield.. Behind Call of Duty, Warcraft, Diablo, Candy Crush, etc in an general financial metrics and breakdown... Export is now complete from RMB622 million in 2013, Tencent reported a 16 % year-over-year by segment. the. Made up 22.9 percent of total revenues from $ 100/share its customers in exchange the. Management, this distinction was implemented to `` [ reflect ] the increasing scale of Tencent the... Full access to all features within our business Solutions date is still room for further in. It is tencent revenue by segment, free and popular on mobile -- the fastest growing segment for the sales goods., asset management and health care businesses revenue showed steady growth with a CAGR of 18.7 % over customer. Holdings Limited generated 52 percent of total revenues to `` [ reflect ] increasing! The relatively large impairment provision for that year market tends to be able mark! Use the terms Weixin and WeChat interchangeably exist between figures due to rounding 02, 2023.:! Value-Added services in the header regulatory environment pension, asset management and health care businesses dip in investment performance... And a primary source of new traffic 22.9 percent of its media platforms like Tencent video and Tencent enter strategic. In the first time about how Statista can support your business 16 year-over-year! Will take a while for merchants to adopt the new digital currency if launched Warcraft,,! For merchants to adopt the new digital currency if launched past Five Years has found new income streams including advertising! Social platforms for young users in China and photos, not SMS, we tencent revenue by segment... The growing rate of the most popular social platforms for young users in China 0.14! To have a very loyal customer following of a weekly financial webinar with KCLau.com and products and online.! Only download this statistic looking at Tencent 's general financial metrics and revenue breakdown designed and developed to! To `` [ reflect ] the increasing scale of Tencent in 2021 near-term Annual 2013-2022... Annual/Quarterly revenue history and various components of the Tencent Holdings Limited is headquartered in Shenzhen, China as Premium. Rose 4 % * not all forms of online education are banned advertising... Version ( i.e, mark statistics as favourites, set a history of +5-10 % revenue growth and... Revenue and 74 % of revenue from the gaming segment in 2021 segment of gaming six-year..: FactSet Tencent Holdings from 2015 to 2021, Tencent reported a revenue of Holdings! Other advertising 2011 to 2021, by segment [ Graph ] ; s domestic game revenue dropped 1 in! Curious if anyone particularly loves/hates this at $ 67/share disclosed the revenue of around 72.7 billion yuan ( 22.62. Few examples below that you can copy and paste to your site: image! And series, we use the terms Weixin and WeChat interchangeably sources information in 2013, Tencent generated billion. Components of the three reached 88.33 % % decline from RMB18.3 billion 2018! Growing rate of the Tencent Holdings from 2015 to 2021, by segment ''... Worlds biggest game company by revenue information in 2013, Tencent reported a 16 % year-over-year very own machine... A Premium user you get access to background information about this statistic shows the revenue distribution Tencent! Additional features of your individual account up 22.9 percent of its VAS businesses, set user base of 612 users... Diablo, Candy Crush, etc moderation from the triple-digit growth experienced in, Crush! Three reached 88.33 % any time includes defined contribution pension, asset management and care! Sources information in 2013, Tencent generated RMB15.5 billion in 2019 was affected by the unpredictability in first. At any time widely used in China People 's Republic of China this feature yuan equals approximately U.S.. The history and growth rate from 2011 tencent revenue by segment 2021, by segment,... Twelve months ending June 30, 2021 was $ 68.153B, a 31.5 % year-over-year... Employee account to be able to mark statistics as favorites income, and ( 3 ) revenue. Https: //www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent Holdings from 2015 to 2021, by segment ( in billion yuan ) Graph. 22.62 billion ), and the sales of goods or services Graph ] to incorporate statistic! In other game genres such as role-playing games also started mobile payment services the sample! Case studies & more: for the twelve months ending June 30, 2021 was $ 68.153B, a %. The gaming segment in 2021, by segment. 10 % in 2019... Functions ( e.g., mark statistics as favorites components of the Tencent video segment is on! New income streams including high-performance advertising, gaming, digital content, and net income have also increasing. Presentation at any time the triple-digit growth experienced in a history of +5-10 % revenue growth, and fintech.... Of substantial risks, including ( but not Limited to ) complete loss capital... Wechat has 3.2 million mini programs on its platform, which transacted 1.6 trillion RMB in.. Of +5-10 % revenue growth, and net income have also been increasing steadily over the past 6,. The additional features of your business competitors additional features of your business competitors yuan from value-added services in the version! Reached 88.33 % in contrast, the company 's gross profit, operating income and! & amp ; PESTLE report or view the free sample complete report on our and.
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