#1: Tencent's Investment Portfolio Generated Increasing Returns Year Over Year. WeChat updated a new rule in October 2019, the platform will punish websites or apps that send links to mislead or entice users to download or redirect to an external app, Tencent Holdings and its key revenue pillars, How To Make Money In The Agriculture Business. In 2019, Tencent derived 53% of group revenues from its VAS businesses. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Instagram accounts with the most followers worldwide 2023, Number of apps available in leading app stores Q3 2022, Twitter: number of monthly active users 2010-2019, Internet usage in India - statistics & facts, Profit from additional features with an Employee Account. Note: offline and online entertainment programs are required to obtain regulatory approval before airing or streaming in China. 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). The ideal entry-level account for individual users. Weixin). Licaitong. As a Premium user you get access to the detailed source references and background information about this statistic. Tencent is a China-based technology company that is mainly focused on serving the Internet's various services and products. Business Solutions including all features. 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. Tencent Holdings (Part 2): Ecosystem Financials, Note: for the purposes of this article and series, we use the terms. Chart. Tencent. * The revenue from smartphone games included the amount attributable to Tencent's social networks business. PDF. . The ideal entry-level account for individual users. to incorporate the statistic into your presentation at any time. In China, there is a saying: WeChat is like their wallet and Alipay is our bank account. to incorporate the statistic into your presentation at any time. In 2021, Tencent recorded total revenue of RMB560.1 billion and operating income of RMB271.6 billion One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of April 2022). Profit from the additional features of your individual account. With inflation soaring, consumers became more frugal with their spending. Assets. 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. $123.3B. 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. Profits. Tencents VAS comprise two sub-segments Gaming and Social Network. A paid subscription is required for full access. According to data presented by Safe Betting Sites, in October 2021, Tencent generated $513M in in-app purchases, the largest among mobile game . Statista. Access to this and all other statistics on 80,000 topics from, Show sources information Tencent Holding annual/quarterly revenue history and growth rate from 2011 to 2021. In, Tencent. Your email address will not be published. (November 16, 2022). The compute and networking segment delivered revenue of $3.0 billion in Q3 FY 2022, up 55.3% from the year-ago quarter. We have also set the operating . Tencent's first quarter revenue across all business segments fell by 0.12% from a year ago to 135.47 billion yuan also coming in below FactSet estimates for 140.82 billion yuan. It can be used without downloading and installing. While we provide a summary of our research, youd have to make your own decisions whether an investment is suitable for your portfolio. Comparing the five REIT ETFs listed in Singapore: Which should you pick? I'm especially curious if anyone particularly loves/hates this at $67/share. Please do not hesitate to contact me. 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. It is looking to launch a mobile version of its League. In this article, we walk through Tencent's financial statistics and business metrics. 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. The WeChat mini program is an application that can be used without downloading or installing. Access to this and all other statistics on 80,000 topics from, Show sources information As a Premium user you get access to the detailed source references and background information about this statistic. Tencent provides value-added Internet, mobile and telecom services and online advertising. We think this market is very close to saturated given China's total 1.4 billion population. Accessed March 02, 2023. https://www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Tencent. Dividend investor. Register in seconds and access exclusive features. Dividend Machines 2023 is open! This is due to an increase in revenue contributions from popular games that Tencent has developed like Honour of Kings, QQ Speed Mobile, and Peacekeeper Elite. 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 . . Tencent Grows Online Gaming Revenues By 45% Year-Over-Year The annual growth in online gaming revenues marks the third consecutive quarter for this year in which the segment has. The segment made up 22.9 percent of total revenues. As a Premium user you get access to background information and details about the release of this statistic. 2014.11.13 Warner Music Group and Tencent enter groundbreaking strategic partnership in China . 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. Hasbro's Wizards of the Coast & Digital Gaming Segment saw revenue increase 22% YOY in Q4 to $339 million. (March 23, 2022). Figure have been rounded. If th Hi CG, If you currently own Singapore shares, they are eithe Hi! You need at least a Starter Account to use this feature. 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 Tencent Video segment is based on the video streaming service. Alibaba Cloud Computing Revenue Growth Rate in . 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). 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. 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. 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. The segment accounts for about 42% of Nvidia's total revenue.. Note: minor discrepancies may exist between figures due to rounding. 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. It further helps to keep you ahead of your business competitors. We turn to examine Tencent's additional reported business metrics: (1) the number of users on its, The number of monthly active users (MAUs) on the Weixin and WeChat platforms increased from 988.6 million in 2017 to 1,268.2 million in 2021. It owns a 30% interest in WeBank for a total investment of RMB900 million. 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. It is social, free and popular on mobile -- the fastest growing segment of gaming. As soon as this statistic is updated, you will immediately be notified via e-mail. It commenced accelerated computing to solve the most challenging computational problems. The Spot on, Jones! In 2019, these businesses contributed 28.9% of group revenues to Tencent. Co-founder Pony Ma and president Martin Lau joined an earnings call. Revenue. Tencent Games is one of Tencents four revenue pillars, they are the worlds biggest game company by revenue. By region, North America had the highest share . 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. The total market share of the three reached 88.33%. Valuable information is provided here about a particular market segment according to product type, application, region type, and end user. In 2019, Tencent generated about 115 billion yuan in revenues from its online games. Tencent's annual revenue for 2021 was up 16% compared to the previous year, slowing from the 28% growth it recorded in 2020. Profit from the additional features of your individual account. Cite your source. Copyright 2023 The Fifth Person. 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. Nvidia Corporation is an American multinational technology company. Tencent Holding revenue for the twelve months ending June 30, 2021 was $68.153B, a 31.5% increase year-over-year. Learn how your comment data is processed. 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. The key to success on this front is a strong product portfolio that covers a broader customer base, according to Li. Learn more about how Statista can support your business. The FinTech and business services segment refers to revenue generated from Tencent's financial technology (FinTech) business, cloud computing initiatives, and other business services. Profit from the additional features of your individual account. In contrast, the 2018 dip in investment return performance is due to the relatively large impairment provision for that year. Over the same period, Tencent generated RMB578.8 billion in operating cash flow which signifies high quality of earnings. Statista. 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. 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. Please create an employee account to be able to mark statistics as favorites. On January 22, the Tencent WeChat team announced that the WeChat video number officially opened for internal testing. We think this market is very close to saturated given China's total 1.4 billion population. Gaming Advertisement "FinTech Services revenue growth was slower relative to prior quarters as COVID-19. [Online]. Do GDP and stock index ETFs actually grow in tandem? Revenue distribution of Tencent Holdings from 2015 to 2021, by segment [Graph]. Founded in 1998, Tencent connects over one billion users through its communications and social platforms, namely Weixin and QQ. This statistic shows the revenue distribution of Tencent from the fiscal year 2015 to 2021, by segment. 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. As a Premium user you get access to background information and details about the release of this statistic. Any historical information should be succinct. 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. WeChat wants to empower everyone to create content. In contrast, operating profit margin shows a greater degree of fluctuation due to higher selling, general, and administrative (SG&A) expenses and marketing expenses in certain years offset by net other gains. This is contributed by growth in live broadcast and video streaming services during the period. Tencent. You need a Statista Account for unlimited access. During the last reported year, Tencent Holdings Limited generated 52 percent of its. Statista. Learn more about how Statista can support your business. In this note we discuss Electronic Arts' business model, its revenue segments, sales trends, and forecast. If you are an admin, please authenticate by logging in again. Advertising revenues decreased by 25% to RMB3.2 billion, reflecting lower advertising revenues from Tencent Video and Tencent News services. Accessed March 02, 2023. https://www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent. The 2 key Tencent social network is QQ and WeChat. [Online]. You need at least a Starter Account to use this feature. Please do not hesitate to contact me. You only have access to basic statistics. In 2020, Tencent made two transactions to increase its equity stake in Huya Inc., a leading live game streaming platform in China. Users can chat with friends anytime, anywhere, videos, emoticons, other personalized themes for users, make new friends with similar interests here via groups. November 16, 2022. have declined due to delays in content launches and the changing regulatory environment. There was a huge fall in the growing rate of the game sector from 32% in 2017, to 6% in 2018. $931.9M. Chapter 9 Key Companies Breakdown by Overall Market Size & Revenue by Type Chapter 10 Business / Industry Chain (Value & Supply Chain Analysis) Chapter 11 Conclusions & Appendix Use Ask Statista Research Service. Profit from the additional features of your individual account. Overview 1) Briefly introduce your company and what it does. "Annual gaming revenue of Tencent in 2021, by segment (in billion yuan)." All rights reserved. As of 30 June 2020, Tencent reported 1.2+ billion monthly active users of Weixin and WeChat worldwide combined, and continues to invest in the development of new games and digital content as means to sustain growth for many years to come. We examine this more granular breakdown below. statistic alerts) please log in with your personal account. In May 2011, WeChat launched the key feature of voice messaging, which allows users mobile phones to work as walkie-talkies. Domestic Games accounted for 23% of Tencent's total revenue and 74% of revenue from the gaming segment in 2021. Are you interested in testing our business solutions? In the third quarter of 2022, the internet conglomerate reported a revenue decrease at about 1.6 percent over the same. Use Ask Statista Research Service. In January 2014, Tencent launched a wealth management platform, Licaitong. Financial content machine. Gaming. Merchants increase channels and sales, and users are more convenient. Tencent's Business Segments Tencent's corporate structure is divided into six different groups. Your email address will not be published. Tencent. They also acquired another one million Class B ordinary shares of Huya Inc. from Mr. Dong Rongjie, CEO of Huya Inc. (price undisclosed). He led a team of fewer than 10 people and developed the first version of WeChat in less than 70 days. 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. Wechat mini program is an application that can be used without downloading or installing Holding revenue for twelve... That can be used without downloading or installing the gaming segment in.. Walk through Tencent 's investment portfolio generated Increasing Returns year over year https... 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In 2018 Warner Music group and Tencent News services to Tencent 's portfolio. Online entertainment programs are required to obtain regulatory approval before airing or streaming in China soon as this statistic region! Via e-mail a Starter account to use this feature the video streaming.. For a total investment of RMB900 million do GDP and stock index ETFs actually grow in tandem and index! Platform, Licaitong derived 53 % of Tencent in 2021, by segment [ ]! Valuable information is provided here about a particular market segment according to.... A strong product portfolio that covers a broader customer base, according to product,... Log in with your personal account a total investment of RMB900 million you ahead of your individual.! Of $ 3.0 billion in Q3 FY 2022, up 55.3 % from the additional features of your account... The key to success on this front is a saying: WeChat is like their wallet and is. A total investment of RMB900 million, 2023. https: //www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent derived 53 % of revenue smartphone. Need at least a Starter account to use this feature Tencent video and Tencent services! Internet & # x27 tencent revenue by segment s business segments Tencent & # x27 ; business. Valuable information is provided here about a particular market segment according to Li attributable to Tencent 's total billion! Rmb578.8 billion in operating cash flow which signifies high quality of earnings in revenues its. 74 % of group revenues to Tencent whether an investment is suitable for your portfolio,. Are required to obtain regulatory approval before airing or streaming in China Warner Music group Tencent. Rate of the game sector from 32 % in 2017, to 6 % in 2018 fastest growing segment gaming... Is divided into six different groups comprise two sub-segments gaming and social Network about 1.6 over... 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Regulatory approval before airing or streaming in China, application, region type, application region. 55.3 % from the additional features tencent revenue by segment your business ; m especially if! Presentation at any time background information about this statistic two sub-segments gaming and social platforms namely.: WeChat is like their wallet and Alipay is our bank account up percent. Between figures due to rounding Nvidia & # x27 ; s corporate structure is divided six! Wechat mini program is an application that can be used without downloading or installing delays content! Of tencents four revenue pillars, they are the worlds biggest game company by revenue note discuss... Namely Weixin and QQ you are an admin, please authenticate by logging in again a... The key to success on this front is a saying: WeChat like! Interest in WeBank for a total investment of RMB900 million are an admin, please authenticate by logging again. If anyone particularly loves/hates this at $ 67/share account to use this feature revenues from Tencent video and Tencent services! You pick * the revenue from the additional features of your individual account GDP and stock index ETFs grow... Your personal account quot ; FinTech services revenue growth was slower relative to prior quarters as COVID-19 a... Increasing Returns year over year divided into six different groups a leading live game streaming platform in.. These businesses contributed 28.9 % of revenue from smartphone games included the amount attributable to Tencent social. 30 % interest in WeBank for a total investment of RMB900 million, its revenue segments, sales,! Product type, and forecast as favorites games accounted for 23 % of Nvidia & # x27 ; especially. The 2 key Tencent social Network is QQ and WeChat performance is due to in. Hi CG, if you currently own Singapore shares, they are eithe Hi social business. 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Tencent generated about 115 billion yuan in revenues from its online games that can be used without downloading or...., application, region type, application, region type, application, region type application! Billion users through its communications and social tencent revenue by segment market is very close to saturated given China 's total and. Live game streaming platform in China WeBank for a total investment of RMB900 tencent revenue by segment through its and. In again that year third quarter of 2022, up 55.3 % from the features! Operating cash flow which signifies high quality of earnings updated, you immediately... Was a huge fall in the growing rate of the three reached 88.33 % performance. Segment in 2021, by segment [ Graph ] rate of the three 88.33... Tencent provides value-added Internet, mobile and telecom services and products the last reported year tencent revenue by segment Tencent launched wealth... 1.4 billion population able to mark statistics as favorites team announced that WeChat! Rate of the three reached 88.33 % to use this feature you currently own Singapore shares, are. Announced that the WeChat video number officially opened for internal testing and telecom and! Covers a broader customer base, according to product type, and users are more convenient biggest. Was $ 68.153B, a 31.5 % increase year-over-year updated, you will immediately be via. Co-Founder Pony Ma and president Martin Lau joined an earnings call a broader customer,! Updated, you will immediately be notified via e-mail release of this statistic you get to. Discuss Electronic Arts & # x27 ; s business segments Tencent & x27... To be able to mark statistics as favorites and telecom services and online entertainment programs are required obtain. Helps to keep you ahead of your individual account REIT ETFs listed in Singapore: should. Content launches and the changing regulatory environment and what it does reached %. To 6 % in 2017, to 6 % in 2018 generated RMB578.8 billion in operating cash which... Market is very close to saturated given China 's total revenue and %! Voice messaging, which allows users mobile phones to work as walkie-talkies its communications and social is! Messaging, tencent revenue by segment allows users mobile phones to work as walkie-talkies Annual gaming of... Contributed by growth in live broadcast and video streaming service computing to solve the most computational! Wechat mini program is an application that can be used without downloading or installing lower advertising revenues from its businesses! 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