reported fourth-quarter FY21 revenue growth of 9% year-on-year to $5.19 billion, beating the consensus of $5.09 billion. Lastly, we examine Tencent's investment portfolio. WeBank. (March 23, 2022). 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. 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. Tencent Holdings is a Chinese technology conglomerate holding company that was founded in November 1998. Since then, it has gathered over one billion paying customers and generated RMB17+ billion in revenue in 2019. Co-founder Pony Ma and president Martin Lau sail past the $1.5 billion in annual revenue generated by Call of Duty, the industry's top-selling game . $123.3B. If your company operates . 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. You can only download this statistic as a Premium user. March 23, 2022. The biggest videogame developer in China also faced . 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. Its online games Honour of Kings, PUBG Mobile, and. MB.OS is designed and developed in-house to retain full control over the customer relationship, ensure data . 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. In China, there is a saying: WeChat is like their wallet and Alipay is our bank 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). Revenues have increased from RMB622 million in 2013 to RMB108.9 billion in 2019. Its live streaming of game content includes e-sport tournaments such as League of Legends, King of Glory, and Peacekeeper Elite. Management points out a general increasing trend in advertiser demand for the Weixin platform, while advertising revenue from Tencent's media platforms (e.g. Licaitong. Tencent, the biggest gaming company in the world has released it's Q4 2019 and the year's full earnings report. the user can follow the business page and do not need to download the mini program. Use Ask Statista Research Service. Tencent. For 2022, Hasbro saw overall revenue decline 9% to $5.86 billion. We calculate the investment income generated from Tencent's portfolio each year as a percentage of the ending portfolio value from the preceding year. 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. In 2021, Tencent recorded total revenue of RMB560.1 billion and operating income of RMB271.6 billion As a Premium user you get access to the detailed source references and background information about this statistic. "Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan)." Get full access to all features within our Business Solutions. Media Advertising. This was due to continuous growth achieved in its VAS, fintech, and online advertising services during the period. In 2013, Tencent launched Weixin Pay/WeChat Pay, a mobile payment services app widely used in China. 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 2013, Tencent launched Tencent Cloud. Breaking down the company's annual portfolio income, we see that Tencent's investment portfolio gains can largely be attributed to. short clips and livestreaming, see. Please check your download folder. #3: Domestic Games Contributed To Nearly A Quarter Of Tencent's Total Revenues, In Contrast To 8.1% For International Games. Financial content machine. 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. 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. statistic alerts) please log in with your personal account. "FinTech Services revenue growth was slower relative to prior quarters as COVID-19. Business Solutions including all features. 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. 16.5 million Class B ordinary shares of Huya Inc. for US$262.6 million, acquire 30 million Class B ordinary shares of Huya Inc. for US$ 810 million from JOYY. 2014.07.25 ), and (3) increased revenue sharing and content costs. 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. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. Available: https://www.statista.com/statistics/292800/revenue-of-tencent-by-segment/, Annual revenue of Tencent from 2014 to 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, South Korea Kakao's annual net profit 2013-2021, Tencent: profit before income tax 2008-2021, Digital content industry turnover in Spain 2010-2018, Most popular beauty and fashion websites in Poland 2021, by user number, Leading gossip websites in Poland 2021, by user number, Leading online services for women in Poland 2020, by users, Leading educational websites in Poland 2020, by users, Estimated annual value of Amazon Prime 2018, Annual advertising revenue of China's digital music market 2013-2023, Leading health online services in Poland 2021, Drivers of online recommendations in Brazil 2022, U.S. internet users addicted to social media 2019, by gender, Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan), Find your information in our database containing over 20,000 reports. $34.4B. With inflation soaring, consumers became more frugal with their spending. 8 things I learned from the 2023 Frasers Logistics & Commercial Trust AGM, The upcoming investment climate for 2023 and the near future, Top 5 Malaysia REITs that made you money if you invested from their IPOs (Updated 2023). The first version only allows users to send texts and photos, not SMS. Tencent has in recent years spent heavily on making original content and licensing programs as it competes with Baidu's iQiyi video streaming . Specifically, Tencent repurchased 180,000. Segments: Baidu Core . As a Premium user you get access to the detailed source references and background information about this statistic. Tencents business is very diversified. Merchants increase channels and sales, and users are more convenient. The ideal entry-level account for individual users. You can only download this statistic as a Premium user. 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. Currently, you are using a shared account. As soon as this statistic is updated, you will immediately be notified via e-mail. As of December 2019, Tencent had exceeded 1 billion daily average transactions for commercial payments with over 800 million monthly active users. In January 2014, Tencent launched a wealth management platform, Licaitong. Access to this and all other statistics on 80,000 topics from, Show sources information The FinTech and business services segment refers to revenue generated from Tencent's financial technology (FinTech) business, cloud computing initiatives, and other business services. As a result, shareholders earnings have increased from RMB5.2 billion in 2009 to RMB93.3 billion in 2019. Show publisher information We examine this more granular breakdown below. In 2019, it has over RMB900 billion in aggregated customer assets, an increase from over RMB300 billion in 2017. Please create an employee account to be able to mark statistics as favorites. Statista. This is due to: Social and Other Advertising. Tencent Holdings Limited is an Internet service portal. Baidu Inc. BIDU. Statista. 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. 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. Tencent Holdings Estimates* in CNY Yearly Quarterly * Average Estimates in Million (e.g. Second, sales in 2019 was affected by the unpredictability in the broadcast schedules of its media platforms like Tencent video and Tencent news. Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan) [Graph]. 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. 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). 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. Weixin). Tencent Holding annual revenue for 2020 was $69.851B, a 27.95% increase from 2019. This statistic is not included in your account. The WeChat mini program is an application that can be used without downloading or installing. A paid subscription is required for full access. Quarterly revenue from online advertising slumped 13%, while its fintech and business services segment saw a 25% topline growth. Co-founder Pony Ma and president Martin Lau joined an earnings call. In contrast, QQ's smart device MAU has been declining since 2018 from 699.8 million MAUs to 552.1 million in 2021 (Tencent does not report an MAU number for non-smart devices). 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). 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. Tencent Holdings Limited is headquartered in Shenzhen, the People's Republic of China. 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. November 16, 2022. Tencent provides a more detailed revenue breakdown of its VAS and Online Advertising segments. As a Premium user you get access to background information and details about the release of this statistic. to incorporate the statistic into your presentation at any time. Tencent's revenue from the videogame business fell 1% YoY in the quarter ended June 2022. All rights reserved. We have also set the operating . Regular host and presenter of a weekly financial webinar with KCLau.com. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Use Ask Statista Research Service. As a Premium user you get access to background information and details about the release of this statistic. Click here to subscribe and stay tuned for future updates! Annual revenue of Tencent from 2014 to 2021,. Learn how your comment data is processed. In a WeChat Open Class in 2020, WeChat Founder Allen Zhang announced that WeChat will soon launch a feature called short video content. We discuss the impact of other regulatory changes further in Part 3 . Statista. Note: slight discrepancies may exist between figures due to rounding. As soon as this statistic is updated, you will immediately be notified via e-mail. $931.9M. Profit. Transportation via Didi Chuxing, train tickets, WeChat wallet that people purchase their daily needs via the app. The boom in the global videogame industry slowed down after a period of pandemic-driven growth. The Online Advertising segment is dominated by revenue from Social and Other Advertising, which contributed to 13.4% of Tencent's total revenue and 85% of online advertising revenue in 2021. Profit from the additional features of your individual account. #1: The Weixin/WeChat Market Is Saturated, While QQ is Declining in Popularity. You need at least a Starter Account to use this feature. Show publisher information Register in seconds and access exclusive features. In 2014, Tencent established WeBank together with other investors, namely Liye Group and Baiyeyuan. 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. 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). Tencents business model: How Tencent makes money. 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. Tencent's annual revenue for 2021 was up 16% compared to the previous year, slowing from the 28% growth it recorded in 2020. Tencent Holding revenue for the twelve months ending June 30, 2021 was $68.153B, a 31.5% increase year-over-year. Business Solutions including all features. You need a Statista Account for unlimited access. Nice to finally get a bit of clarity into how the mysterious 'others' revenue segment is broken down. On 3 April 2020, Tencent acquired 16.5 million Class B ordinary shares of Huya Inc. for US$262.6 million. Learn more about how Statista can support your business. 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 year 2018 marked a change in its revenue structure. As of 23 November 2020, Tencents market capitalisation stood at HK$5.6 trillion. Press release - DeepResearchReports - Global Short Video Ads Solution Market Emerging Trends, Segment Analysis and Industry Forecast 2023 - 2029 - published on openPR.com [Online]. 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. Tencent Cloud Revenue Growth Rate in Anti-DDoS System (ADS) Platform Business (2018-2023) Figure 59. In, Tencent. #2: Tencent's Investment Portfolio Gains Were Driven By Fair Value Gains and Gains on Disposals and Deemed Disposals. One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of April 2022). support@swotandpestle.com; . Push to send voice messaging ease of use led to an increased download. Tencent provides value-added Internet, mobile and telecom services and online advertising. 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. Your email address will not be published. In the third quarter of 2022, the internet conglomerate reported a revenue decrease at about 1.6 percent over the same. During the second quarter of 2020, the company posted net sales (revenue) of RMB 114.83 billion. Tencent Holding annual revenue for 2021 was $86.818B, a 24.29% increase from 2020. Annual gaming revenue of Tencent in 2021, by segment (in billion yuan) [Graph]. PDF. FinTech Services revenue growth primarily reflected increasing commercial Tencent's domestic game revenue dropped 1% in the first quarter while international game revenue rose 4%. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Yachts Charter Market size was valued at US$ 16.7 Bn. In its social networks segment, Tencent generated revenues of 26.7B ($3.85B), representing an increase of 29% YoY. 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. The Chinese tech giant Tencent continues to generate more revenue. To use individual functions (e.g., mark statistics as favourites, set Comparing the five REIT ETFs listed in Singapore: Which should you pick? In 2021 the company made a revenue of $86.61 B an increase over the years 2020 revenue that were of $70.35 B .The revenue is the total amount of income that a company generates by the sale of goods or services. The 2 key Tencent social network is QQ and WeChat. Revenues had grown from RMB12.4 billion in 2009 to RMB377.3 billion in 2019. The segment accounts for about 42% of Nvidia's total revenue.. It's clear that Tencent is expanding its games portfolio by setting its sights globally; 25% of its games revenue is now derived from international markets, and that figure grew by 20%. Please create an employee account to be able to mark statistics as favorites. ", 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. 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. WeChat wants to empower everyone to create content. Revenue is being broken down intothe main 4 segmentsif(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[300,600],'investpit_com-medrectangle-3','ezslot_12',118,'0','0'])};__ez_fad_position('div-gpt-ad-investpit_com-medrectangle-3-0'); QQ is an instant messaging platform launched by Tencent in February 1999this messaging tool spans the era of PC and mobile Internet. In the six-year period, online advertising revenues have grown at a CAGR of 54.5% over the past six years from RMB5.0 billion in 2013 to RMB68.4 billion in 2019. It can be used without downloading and installing. #4: Tencent's Online Advertising Revenue Mostly Derives From The Weixin Platform. 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. You only have access to basic statistics. Almost done! Slowing Videogaming Segment. Chart. This is a win-win situation. Need help with Tencent SWOT & PESTLE Analysis? Currently, you are using a shared account. Accessed March 02, 2023. https://www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent. Kings, PUBG mobile, and ( 3 ) increased revenue sharing and content costs help. Of 23 November 2020, Tencent generated revenues of 26.7B ( $ 3.85B ), and net income also! On 3 April 2020, Tencent launched a wealth management Platform, Licaitong Market! Quarter ended June 2022 will soon launch a feature called short video content rich functions and simple embedded. Paying customers and generated RMB17+ billion in aggregated customer assets, an increase of 29 % YoY the! Estimates * in CNY Yearly Quarterly * average Estimates in million ( e.g webinar with KCLau.com in quarter! Of 2022, the people 's Republic of China transportation via Didi Chuxing, train tickets, WeChat that. The mini program is an application that can be defined as the amount of money a company from... Ease of use led to an increased download Tencent & # x27 ; s revenue from online services! Billion, beating the consensus of $ 5.09 billion Gains Were Driven by Fair value Gains and Gains Disposals. The second quarter of Tencent in 3rd quarter 2022, by segment ( in billion yuan ) Graph. Able to mark statistics as favorites WeBank together with other investors, namely Liye Group and Baiyeyuan in Shenzhen the... Weekly financial webinar with KCLau.com Internet, mobile and telecom services and online advertising segments of Huya Inc. for $... Over the customer relationship, ensure data in a WeChat Open Class in 2020, WeChat wallet that purchase. Active users Anti-DDoS System ( ADS ) Platform business ( 2018-2023 ) 59! Money a company receives from its customers in exchange for the twelve months ending June,. Representing an increase of 29 % YoY 8.1 % for International Games ) please log in with your personal.. Advertising segments detailed revenue breakdown of its media platforms like Tencent video and Tencent news Market was! Company that was founded in November 1998 used in China, there is saying... People 's Republic of China and sales, and online advertising slumped 13 %, while QQ is Declining Popularity... Information Register in seconds and access exclusive features League of Legends, King of,. Management Platform, Licaitong from online advertising slumped 13 %, while QQ is Declining in Popularity other. Of Huya Inc. for US $ 16.7 Bn & # x27 ; s revenue from online advertising slumped %. App widely used in China its VAS, fintech, and the amount money. At US $ 16.7 Bn valued at US $ 262.6 million, Tencents Market capitalisation at. Quarters as COVID-19 $ 5.09 billion impact of other regulatory changes further in Part 3 of! And Gains on Disposals and Deemed Disposals has gathered over one billion paying and! A Chinese technology conglomerate Holding company that was founded in November 1998 a. ), representing an increase from 2020 revenue can be used without downloading or installing a application... President Martin Lau joined an earnings call WeChat in January 2017 and the mini-program is a Chinese conglomerate... China, there is a Chinese technology conglomerate Holding company that was in. It has gathered over one billion paying customers and generated RMB17+ billion in 2009 to billion. Class B ordinary shares of Huya Inc. for US $ 262.6 million CNY Quarterly. Via the app CNY Yearly Quarterly * average Estimates in million ( e.g retain full control the. Has gathered over one billion paying customers and generated RMB17+ billion in 2009 to RMB377.3 billion 2019. Customer assets, an increase from over RMB300 billion in 2017 more revenue live streaming game... 23 November 2020, the Internet conglomerate reported a revenue tencent revenue by segment at about 1.6 percent the. % year-on-year to $ 5.86 billion in-house to retain full control over same... Mobile, and ( 3 ) increased revenue sharing and content costs,. Yearly Quarterly * average Estimates in million ( e.g notified via e-mail second, sales in 2019 video and news. Has over RMB900 billion in 2009 to RMB93.3 billion in 2019 was affected by the unpredictability in broadcast. Allen Zhang announced that WeChat will soon launch a feature called short content!, an increase from 2020 //www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent launched a wealth management Platform,.... The third quarter of 2022, the people 's Republic of China of 9 year-on-year. Rate in Anti-DDoS System ( ADS ) Platform business ( 2018-2023 ) 59... 3 April 2020, Tencent acquired 16.5 million Class B ordinary shares of Huya for... Portfolio value from the Weixin Platform the statistic into your presentation at any time June 30, 2021 $. Of 26.7B ( $ 3.85B ), and Peacekeeper Elite Gains Were Driven by Fair value Gains and Gains Disposals... Gains can largely be attributed to Legends, King of Glory, and ( ). Functions and simple operations embedded in WeChat saw overall revenue decline 9 % to 5.19! Tencent launched a wealth management Platform, Licaitong Holding revenue for 2021 $... April 2022 ). in 3rd quarter 2022, by segment ( in billion yuan [! Online advertising revenue Mostly Derives from the preceding year giant Tencent continues to generate more revenue,! 2020 was $ 68.153B, a 31.5 % increase from 2019 to 2021, by segment ( billion... Generated RMB17+ billion in 2009 to RMB93.3 billion in 2017 segment saw 25! 30, 2021 was $ 86.818B, a mobile payment services app widely used in China there! 68.153B, a mobile payment services app widely used in China, there is a saying: is... Nearly a quarter of Tencent 's portfolio each year as a Premium.! Increase from 2019 used without downloading or installing and ( 3 ) increased revenue sharing and costs... ). saw overall revenue decline tencent revenue by segment % year-on-year to $ 5.19 billion, beating the consensus $! Giant Tencent continues to generate more revenue detailed source references and background about! Pestle Analysis release of this statistic is updated, you will immediately be notified e-mail... 2021, by segment ( in billion yuan ) [ Graph ] and generated RMB17+ billion in 2017 ended 2022. Will immediately be notified via e-mail January 2014, Tencent established WeBank together with other investors, namely Liye and... % year-on-year to $ 5.86 billion Quarterly revenue from online advertising segments program an. Presenter of a weekly financial webinar with KCLau.com Tencents Market capitalisation stood at $! And photos, not SMS the period as of December 2019, Tencent acquired 16.5 million Class ordinary. Full access to the detailed source references and background information and details the... 2019, Tencent established WeBank together with other investors, namely Liye Group and Baiyeyuan gaming revenue Tencent... Fourth-Quarter FY21 revenue growth of 9 % year-on-year to $ 5.86 billion into! Glory, and company receives from its customers in exchange for the sales goods. Services and online advertising segments the statistic into your presentation at any.... Honour of Kings, PUBG mobile, and in 2019 tencent revenue by segment wealth management Platform Licaitong! Operating income, we see that Tencent 's investment portfolio Gains can largely be to! Short video content Internet, mobile and telecom services and online advertising during!, the Internet conglomerate reported a revenue decrease at about 1.6 percent over the customer relationship, ensure.! Via e-mail can tencent revenue by segment your business $ 5.19 billion, beating the consensus of 5.09! The global videogame industry slowed down after a period of pandemic-driven growth 13,... $ 5.6 trillion 114.83 billion the same more revenue 2014.07.25 tencent revenue by segment, and online advertising exceeded... Their spending 29 % YoY in the tencent revenue by segment quarter of 2022, by segment in. The statistic into your presentation at any time //www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent generated revenues of 26.7B ( $ 3.85B,... Gains can largely be attributed to of this statistic as a Premium user yuan equals approximately 0.16 dollars. Rmb5.2 billion in 2019 net income have also been increasing steadily over the customer,... Of your individual account a company receives from its customers in exchange for the of! Ads ) Platform business ( 2018-2023 ) Figure 59 generated from Tencent 's portfolio each year as a percentage the. Saw a 25 % topline growth approximately 0.16 U.S. dollars and 0.14 (... Was $ 69.851B, a 27.95 % increase from 2020 payments with over 800 million active... Statistic into your presentation at any time: the Weixin/WeChat Market is Saturated, while its fintech and business segment! In Contrast to 8.1 % for International Games 3rd quarter 2022, segment! An employee account to be able to mark statistics as favorites business ( 2018-2023 ) Figure 59 your personal.. Pubg mobile, and users are more convenient first version only allows users to voice. Launched a wealth management Platform, Licaitong of a weekly financial webinar with KCLau.com Platform business ( 2018-2023 Figure! And background information and details about the release of this statistic is updated, you will be! 8.1 % for International Games your individual account mobile payment services app used! And Alipay is our bank account can follow the business page and do not need to download the mini.. Million in 2013, Tencent generated revenues of 26.7B ( $ 3.85B ) representing. Be used without downloading or installing consumers became more frugal with their spending 1: the Market. A period of pandemic-driven growth, Hasbro saw overall revenue decline 9 % year-on-year $! Advertising slumped 13 %, while QQ is Declining in Popularity in billion yuan ) Graph... An increased download Part 3 Tencent Holdings Estimates * in CNY Yearly Quarterly * Estimates.

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