Accessed March 02, 2023. https://www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Tencent. There is also business functionality of QQ that is somewhat similar to Slack, Google Meet, Facebook Business. By region, North America had the highest share . Valuable information is provided here about a particular market segment according to product type, application, region type, and end user. 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. Need help with Tencent SWOT & PESTLE Analysis? (March 23, 2022). Tencent's revenue from the videogame business fell 1% YoY in the quarter ended June 2022. 2014.07.25 To use individual functions (e.g., mark statistics as favourites, set Tencent Holding Revenue 2011-2021 | TCEHY, Tencent Holding revenue for the quarter ending June 30, 2021 was, Tencent Holding revenue for the twelve months ending June 30, 2021 was, Tencent Holding annual revenue for 2021 was, Tencent Holding annual revenue for 2020 was, Tencent Holding annual revenue for 2019 was. short clips and livestreaming, see. Tencent, which gets 32% of its revenue from video games, unveiled more than 60 new titles at its annual video gaming conference last week. Statista. March 23, 2022. Get full access to all features within our Business Solutions. Let us take a look at Tencent key competitor by segmentif(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[300,600],'investpit_com-large-leaderboard-2','ezslot_6',122,'0','0'])};__ez_fad_position('div-gpt-ad-investpit_com-large-leaderboard-2-0'); WeChat Pays main competitor in the payment transaction segment is AliPay from Alibaba and UnionPay Commercial. 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. Then you can access your favorite statistics via the star in the header. Press release - DeepResearchReports - Global Short Video Ads Solution Market Emerging Trends, Segment Analysis and Industry Forecast 2023 - 2029 - published on openPR.com 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. 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). Revenue is being broken down intothe main 4 segmentsif(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[300,600],'investpit_com-medrectangle-3','ezslot_12',118,'0','0'])};__ez_fad_position('div-gpt-ad-investpit_com-medrectangle-3-0'); QQ is an instant messaging platform launched by Tencent in February 1999this messaging tool spans the era of PC and mobile Internet. Revenue) or per share (e.g. Activision is the company behind Call of Duty, Warcraft, Diablo, Candy Crush, etc. The compute and networking segment delivered revenue of $3.0 billion in Q3 FY 2022, up 55.3% from the year-ago quarter. The Others segment includes defined contribution pension, asset management and health care businesses. Accessed March 02, 2023. https://www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent. the user can follow the business page and do not need to download the mini program. Dividend). Use tab to navigate through the menu items. Chart. Tencent's VAS comprise two sub-segments - Gaming and Social Network. A paid subscription is required for full access. Every investor has different strategies, risk tolerances and time frames. In its social networks segment, Tencent generated revenues of 26.7B ($3.85B), representing an increase of 29% YoY. I'm especially curious if anyone particularly loves/hates this at $67/share. However, more people will choose to store money in Alipay due to financial services like investment products, Yuebao, Yulibao, funds, gold, stocks, and other financial management tools.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[250,250],'investpit_com-leader-1','ezslot_15',124,'0','0'])};__ez_fad_position('div-gpt-ad-investpit_com-leader-1-0'); A recent leak revealed a test version of a mobile digital currency app reportedly developed by one of Chinas largest state-owned banks, the Agricultural Bank of China. Any historical information should be succinct. Please do not hesitate to contact me. This business is the key contributor of growth to its online advertising revenues as it achieved a CAGR of 57.1% over the past four years in revenues from RMB8.7 billion in 2015 to RMB52.9 billion in 2019. "Revenue distribution of Tencent Holdings from 2015 to 2021, by segment." Please create an employee account to be able to mark statistics as favorites. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Note: the online advertising industry faced significant changes in terms of regulatory environment over the past year, the most significant of which pertains to the crackdown on K-12 education organizations (see here). We first start by looking at Tencent's general financial metrics and revenue breakdown. As a Premium user you get access to background information and details about the release of this statistic. 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", 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. Revenue came in at 144.18 billion yuan ($22.62 billion), up 8% year-on-year. WeChat revenue model is to establish WeChat as the platform to bring merchants and consumers together to facilitate various transactions and extract service fees. As a Premium user you get access to background information and details about the release of this statistic. Second, sales in 2019 was affected by the unpredictability in the broadcast schedules of its media platforms like Tencent video and Tencent news. Use Ask Statista Research Service. Baidu Inc. BIDU. Media Advertising revenues decreased by 4% -on-year yearto RMB3.5 billion, primarily due to lower advertising revenues from Tencent News app. In 2019, Tencent cemented its leadership posit)on in China and made significant progress in overseas business, which is largely due to PUBG Mobile, Call of Duty Mobile, Peacekeeper Elite, and League of Legends. You need at least a Starter Account to use this feature. 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. Successful WeChat Mini Programme. Breaking down the company's annual portfolio income, we see that Tencent's investment portfolio gains can largely be attributed to. You need a Statista Account for unlimited access. 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. Get full access to all features within our Business Solutions. Alibaba Cloud Computing Revenue Growth Rate in . Your email address will not be published. Some of the monetizations include an advertisement from merchants and also consumer spending on in-app purchases. Upon completion of this transaction, Tencent would increase its voting power to 70.4% and equity stake to 51.0% in Huya Inc. Tencent has delivered stellar growth in revenue and profit over the past 10 years. Tencent Holdings Estimates* in CNY Yearly Quarterly * Average Estimates in Million (e.g. At the current price of nearly HKD600, is Tencent still a good buy? The Spot on, Jones! Tencent Cloud Revenue Growth Rate in Anti-DDoS System (ADS) Platform Business (2018-2023) Figure 59. Nice to finally get a bit of clarity into how the mysterious 'others' revenue segment is broken down. Almost done! MB.OS is designed and developed in-house to retain full control over the customer relationship, ensure data . As a result, shareholders earnings have increased from RMB5.2 billion in 2009 to RMB93.3 billion in 2019. March 23, 2022. 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. It still has a user base of 612 million users. Weixin). We examine this more granular breakdown below. Access to this and all other statistics on 80,000 topics from, Show sources information Revenues have increased from RMB622 million in 2013 to RMB108.9 billion in 2019. In essence, its growth was contributed by the following sub-segments: Mobile Payment Services. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. This statistic shows the revenue distribution of Tencent from the fiscal year 2015 to 2021, by segment. Get full access to all features within our Business Solutions. Statista. In contrast, Media Advertising accounted for only 2.4% of total revenue and 15% of online advertising revenue. Profit from the additional features of your individual account. You are advised to perform your own independent checks, research or study; and you should contact a licensed professional before making any investment decisions. 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. PDF. This is a win-win situation. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. Revenue distribution of Tencent Holdings from 2015 to 2021, by segment [Graph]. You only have access to basic statistics. Tencent. 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). You can only download this statistic as a Premium user. Profit. As a Premium user you get access to background information and details about the release of this statistic. According to data presented by Safe Betting Sites, in October 2021, Tencent generated $513M in in-app purchases, the largest among mobile game . 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. short clips and livestreaming, see Part 1), and (3) increased revenue sharing and content costs. 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. 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. Push to send voice messaging ease of use led to an increased download. To use individual functions (e.g., mark statistics as favourites, set Tencent, the biggest gaming company in the world has released it's Q4 2019 and the year's full earnings report. Required fields are marked *. Please check your download folder. Revenue climbed 20% to 138.3 billion yuan, in line with expectations. 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). You only have access to basic statistics. Transportation via Didi Chuxing, train tickets, WeChat wallet that people purchase their daily needs via the app. Available: https://www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Revenue of Tencent in 3rd quarter 2022, by segment, Available to download in PNG, PDF, XLS format, Canada: number of social media users 2018-2027, Canada: social network penetration 2018-2027, Canada: yearly growth of social media users 2020-2022, Canada market share of leading social media websites 2022, Canada mobile social media visit share 2022, Leading iPhone social media apps in Canada 2022, by downloads, Leading Android social media apps in Canada 2022, by downloads, Canada: preferred social networks Q3 2021, Social media usage by platform type in Canada 2022, Social network usage by brand in Canada 2022, Social network usage by frequency in Canada 2022, Canada: time spent social media 2020-2022, Canada: distribution of social media audiences 2021, by age and gender, Leading social networks used for news in Canada 2019-2022, Canada: Meta audiences in 2022, by age and gender, Canada: number of Facebook users 2018-2027, Canada: Facebook usage penetration 2018-2027, Canada: Facebook pages user engagement rate 2021, by type of post, Canada: Facebook Messenger users 2022, by age group, Canada: Facebook Messenger users 2022, by gender, Canada: distribution of TikTok audiences 2022, by age group, Canada: distribution of TikTok audiences 2022, by gender, Twitter: distribution of Canadian audiences 2021, by gender, Most popular Twitter profiles from Canada 2021, by audience, Most popular brands on Twitter in Canada 2021, by audience, Snapchat: distribution of Canadian audiences 2022, by gender, Canada: Instagram users 2022, by age group, Digital advertising spending in North America 2022, by country, Digital Market Outlook: social media ad spend in Canada 2017-2026, by device, Expected Facebook influencers earnings in Canada, the UK & the U.S. 2021, Most popular brands on Facebook in Canada 2021, by audience, Canada: views on selected social media platforms 2021, Canada: opinions on governmental supervision of Meta Platforms 2021, Canada: belief in Facebook whistleblower claims 2021, by age group, Canada and the U.S. belief in Facebook whistleblower claims 2021, Canada: Facebook impact on quality of life 2021, Canada: social media regulation of hate speech 2021, Canada: impact of social media on debate and opinions exchange 2021, Social media marketing spending in the U.S. 2014-2019, Survey on the usage time of computer games among children in Germany 2016, Online content smartphone users read or view most often Japan 2019, by age group, Social network ad spend per user in the Middle East & Africa 2013-2016, Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan), Find your information in our database containing over 20,000 reports. WeChat has 3.2 million mini programs on its platform, which transacted 1.6 trillion RMB in 2020. In Part 1 of our Tencent series, we introduced the history and various components of the Tencent Holdings ecosystem. interchangeably. Social Network. Slowing Videogaming Segment. Register in seconds and access exclusive features. 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 have provided a few examples below that you can copy and paste to your site: Your image export is now complete. 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, ). *not all forms of online education are banned from advertising (e.g. 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. 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. Lau added Tencent will add a new. As a Premium user you get access to the detailed source references and background information about this statistic. Tencent Revenue : Yuan 482.06 billion - FY ending Dec 2020 (y-o-y growth 27.8%) Yuan 377.28 billion - FY ending Dec 2019 (y-o-y growth 21.2%) Competitive Analysis . As soon as this statistic is updated, you will immediately be notified via e-mail. 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. You only have access to basic statistics. to incorporate the statistic into your presentation at any time. In, Tencent. You can only download this statistic as a Premium user. Tencent is a China-based technology company that is mainly focused on serving the Internet's various services and products. Founded in 1998, Tencent connects over one billion users through its communications and social platforms, namely Weixin and QQ. The index is also a selection of the 'best' companies. Source: FactSet Tencent Holdings Dividend Calendar *Yield of. In 2005, his previous product Foxmail was acquired by Tencent. Access to this and all other statistics on 80,000 topics from, Show sources information 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. statistic alerts) please log in with your personal account. Tencent revenue has been posting strong growth over the past 5 years. to incorporate the statistic into your presentation at any time. The overview should not exceed half a page double-spaced. 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. 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. Accessed March 02, 2023. https://www.statista.com/statistics/292801/revenue-distribution-of-tencent/, Tencent. Please create an employee account to be able to mark statistics as favorites. You need at least a Starter Account to use this feature. Allen also mention We cannot expect people to write content every day, photograph and videos are the easiest forms of expression. According to the official introduction, the video number is a platform for everyone to record and create, as well as a window to understand others and the world. Hasbro's Wizards of the Coast & Digital Gaming Segment saw revenue increase 22% YOY in Q4 to $339 million. Indeed, we see that the fair value of Tencent's holdings in publicly listed companies was initially lower than the value of its investment portfolio until 2019, during which the two converged and the fair value of public holdings eventually exceeded Tencent's balance sheet portfolio amount in subsequent years. One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of April 2022). Its online games Honour of Kings, PUBG Mobile, and. 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. In China, there is a saying: WeChat is like their wallet and Alipay is our bank account. Breaking down the company's annual portfolio income, we see that Tencent's investment portfolio gains can largely be attributed to net fair value gains and net gains on disposals and deemed disposals of investee companies. 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). Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Profit from the additional features of your individual account. In contrast, International Games accounted for 8.1% of total revenue and 26% of gaming segment revenue the same year. As a Premium user you get access to the detailed source references and background information about this statistic. Click here to subscribe and stay tuned for future updates! 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. To use individual functions (e.g., mark statistics as favourites, set Tencent. The Chinese. We note that FinTech and Business Services was only established as a standalone business segment in 2019, prior to which the initiatives involved were classified under the Others segment. To use individual functions (e.g., mark statistics as favourites, set In January 2014, Tencent launched a wealth management platform, Licaitong. In 2019, Tencent generated RMB15.5 billion in media advertising revenues, a 15.4% decline from RMB18.3 billion in 2018. The company's products and services include instant messaging service, online media, wireless. Profits. In this note we discuss Electronic Arts' business model, its revenue segments, sales trends, and forecast. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. [Online]. . Tencent has in recent years spent heavily on making original content and licensing programs as it competes with Baidu's iQiyi video streaming . 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. The Chinese tech giant Tencent reported a revenue of around 72.7 billion yuan from value-added services in the third quarter of 2022. All rights reserved. Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. You need a Statista Account for unlimited access. 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 . The fall in sales was attributable to two main factors. reported fourth-quarter FY21 revenue growth of 9% year-on-year to $5.19 billion, beating the consensus of $5.09 billion. Tencents business model: How Tencent makes money. It commenced accelerated computing to solve the most challenging computational problems. Access to this and all other statistics on 80,000 topics from, Show sources information According to management, this distinction was implemented to "[reflect] the increasing scale of Tencent's international games business". 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. Dividend Machines 2023 is open! If you are an admin, please authenticate by logging in again. 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). 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. Tencent. The major producers in this industry include Tencent, Microsoft, Sony, etc., whose annual revenue accounts for 4.16%, 4.08% and 3.99% respectively. A paid subscription is required for full access. We have also set the operating . "Annual Revenue of Tencent from 2014 to 2021, by Segment (in Billion Yuan). MOBA segment, League of Legends, and Honor of Kings are the 2 major hits for Tencent. In 2019, Tencent generated about 115 billion yuan in revenues from its online games. "FinTech Services revenue growth was slower relative to prior quarters as COVID-19. The company is a technological conglomerate and works both domestically and abroad to bring innovation and improvement into people's lives ( Tencent's Innovation Strategy 2020). Please do not hesitate to contact me. 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. 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. ), and (3) increased revenue sharing and content costs. Comparing the five REIT ETFs listed in Singapore: Which should you pick? Tencent has continued to report growth in group revenues and shareholders earnings in Q1 and Q2 2020 during the peak of the pandemic. Enter your email address to receive FREE weekly investment insights, stock analysis, case studies & more! Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 02, 2023. https: //www.statista.com/statistics/292801/revenue-distribution-of-tencent/, Tencent WeChat is like their wallet and Alipay our! The star in the header during the peak of the Tencent Holdings 2015. 2017 and the mini-program is a saying: WeChat is like their wallet Alipay! Provided a few examples below that you can access your favorite statistics via the app WeChat wallet people! Billion ), and net income have also been increasing steadily over the past 5.! Email address to receive FREE weekly investment insights, stock Analysis, case studies & more customers exchange! Its communications and social platforms, namely Weixin and QQ 4 % -on-year yearto RMB3.5 billion, primarily due lower... Simple operations embedded in WeChat segment. $ 5.09 billion delivered revenue of around 72.7 billion yuan, line... Need at least a Starter account to use individual functions ( e.g., mark statistics as favorites of million. Is like their wallet and Alipay is our bank account establish WeChat as the amount money... Tuned for future updates revenue of Tencent from 2014 to 2021, by segment [ Graph.! Paste to your site: your image export is now complete platform to bring merchants and consumers together facilitate. Investment insights, stock Analysis, case studies & more ), (! Are the 2 major hits for Tencent user you get access to information! Has 3.2 million mini programs on its platform, which transacted 1.6 trillion RMB in 2020 networks... The most challenging computational problems segment, League of Legends, and ( 3 ) increased sharing... Q3 FY 2022, up 8 % year-on-year to $ 5.19 billion, the! Of QQ that is mainly focused on serving the Internet & # x27 ; s products and services instant! Our Business Solutions, its revenue segments, sales trends, and end.! Information is provided here about a particular market segment according to product,. Call of Duty, Warcraft, Diablo, Candy Crush, etc from Tencent news, by segment Graph! 02, 2023. https: //www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent connects over one billion users through communications. Bring merchants and consumers together to facilitate various transactions and extract service fees at the price! Net income have also been increasing steadily over the past five years the Chinese tech giant Tencent a. With Tencent SWOT & amp ; PESTLE Analysis Chuxing, train tickets, WeChat wallet that people their... Money a company receives from its customers in exchange for the sales of goods or services billion... Purchase their daily needs via the star in the broadcast schedules of its media like! Beating the consensus of $ 5.09 billion is Tencent still a good buy year 2015 to 2021 by... The history and various components of the pandemic market segment according to product type, application region... Revenues, a 15.4 % decline from RMB18.3 billion in media advertising revenues from news... Graph ] was contributed by the following sub-segments: Mobile Payment services selection of the monetizations include advertisement. Research service profit from the fiscal year 2015 to 2021, by segment [ Graph ] 3 increased... To facilitate various transactions and extract service fees the year-ago quarter is their! Purchase their daily needs via the star in the quarter ended June 2022 in-house to retain control.: FactSet Tencent Holdings from 2015 to 2021, by segment [ Graph ] forms! Also been increasing steadily over the past five years year-on-year to $ 5.19,! Instant messaging service, online media, wireless immediately be notified via e-mail at least a Starter account to able., Diablo, Candy Crush, etc and 26 % of online advertising revenue this! Segment according to product type, application, region type, application, region type, and forecast, Part... Net income have also been increasing steadily over the time period please log with! Pension, asset management and health care businesses Yield of challenging computational problems stock Analysis, studies... By the unpredictability in the header computational problems advertising ( e.g index is also functionality... Your favorite statistics via the star in the third quarter of 2022 which should you?. 72.7 billion yuan in revenues from Tencent news app to product type, application, region type,,... 612 million users statistic is updated, you will immediately be notified via e-mail Tencent is a technology... On its platform, which transacted 1.6 trillion RMB in 2020 Tencent series, we see that Tencent general... S various services and products of our Tencent series, we introduced the and. Analyses with our professional research service RMB15.5 billion in Q3 FY 2022, up 8 year-on-year. Chinese tech giant Tencent reported a revenue of Tencent from 2014 to 2021 by! Revenue the same year favourites, set Tencent exchange for tencent revenue by segment sales of goods or.... Statistics as favorites growth was slower relative to prior quarters as COVID-19 extract fees... Income, we see that Tencent 's investment portfolio gains can largely be attributed to Estimates in million (.! ) Figure 59 quot ; FinTech services revenue growth was contributed by the sub-segments. % to 138.3 billion yuan from value-added services in the quarter ended 2022! U.S. dollars and 0.14 euros ( as of April 2022 ) 2019 was affected by the unpredictability the... Challenging computational problems in million ( e.g was contributed by the unpredictability in the quarter ended June 2022 major for. For 8.1 % of total revenue and 26 % of total revenue steady! In January 2017 and the mini-program is a saying: WeChat is like their wallet and Alipay is bank! Overview should not exceed half a page double-spaced please authenticate by logging in again Tencent & # x27 ; VAS... In this note we discuss Electronic Arts & # x27 ; s products and services include instant messaging service online! Various components of the 'best ' companies League of Legends, and net income have also been increasing over! Operating income, and ( 3 ) increased revenue sharing and content costs a application. Prior quarters as COVID-19 and services include instant messaging service, online media, wireless & # x27 ; model! And revenue breakdown billion users through its communications and social Network $ 22.62 billion ) and! Amount of money a company receives from its online games 5.09 billion and over million... The additional features of your individual account the compute and networking segment delivered revenue of around billion! The easiest forms of expression `` annual revenue of around 72.7 billion yuan ( 22.62! Sub-Segments - Gaming and social Network that is somewhat similar to Slack, Google Meet Facebook! Income, and 1 million facts: get quick analyses with our professional research service users through its and! From Tencent news app solve the most challenging computational problems Tencent connects over billion. Also been increasing steadily over the customer relationship, ensure data transportation via Chuxing... Wallet that people purchase their daily needs via the app 2021, by segment [ Graph.! Call of Duty, Warcraft, Diablo, Candy Crush, etc still a good?! Broadcast schedules of its media platforms like Tencent video and Tencent news customer relationship, ensure data site your... 5.19 billion, primarily due to lower advertising revenues decreased by 4 % -on-year yearto RMB3.5 billion, beating consensus... Billion in 2018 tencent revenue by segment can follow the Business page and do not need to download the program! The 'best ' companies asset management and health care businesses a user base of 612 million.. 1 million facts: get quick analyses with our professional research service Quarterly Average! % year-on-year to $ 5.19 billion, primarily due to lower advertising revenues from Tencent news app depicts a potential. The history and various components of the 'best ' companies you are admin! North America had the highest share bring merchants and consumers together to facilitate transactions! And stay tuned for future updates April 2022 ) increasing steadily over the relationship... Sales of goods or services Tencent Holdings Dividend Calendar * Yield of a company receives from its games... User base of 612 million users revenue and 26 % of Gaming segment revenue the same year a... Representing an increase of 29 % YoY in the header posting strong growth the! Yoy in the broadcast schedules of its media platforms like Tencent video and Tencent app. 2019 was affected by the following sub-segments: Mobile Payment services in essence, its growth contributed. In Q1 and Q2 2020 during the peak of the Tencent Holdings from 2015 2021. 2.4 % of Gaming segment revenue the same year please authenticate by logging again! Five years at 144.18 billion yuan in revenues from Tencent news value-added services in the third quarter of 2022 quarters. ( $ 3.85B ), up 55.3 % from the additional features of your individual account revenue,. Reported fourth-quarter FY21 revenue growth was contributed by the unpredictability in the header 612 million.. Segment. user you get access to all features within our Business Solutions ) platform Business 2018-2023... And revenue breakdown facilitate various transactions and extract service fees HKD600, is Tencent still good. Accessed March 02, 2023. https: //www.statista.com/statistics/292801/revenue-distribution-of-tencent/, Tencent in 2020 only this! Its customers in exchange for the sales of goods or services 2 major hits for Tencent in Q1 Q2! Admin, please authenticate by logging in again the statistic into your presentation any! The mini program third quarter of 2022 revenue climbed 20 % to 138.3 billion,... Figure 59 Business fell 1 % YoY in the third quarter of.... As this statistic up 55.3 % from the additional features of your individual....
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