. Access to this and all other statistics on 80,000 topics from, Show sources information interchangeably. Learn more about how Statista can support your business. Dividend investor. 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. 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. As a Premium user you get access to background information and details about the release of this statistic. It owns a 30% interest in WeBank for a total investment of RMB900 million. Tencent. According to management, this distinction was implemented to "[reflect] the increasing scale of Tencent's international games business". You need a Statista Account for unlimited access. #1: Tencent's Revenues Grew At A CAGR of 18.7% During 2017-2021, Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. Tencent is a China-based technology company that is mainly focused on serving the Internet's various services and products. The biggest videogame developer in China also faced . Tencent's revenues related to the application mostly come from the domestic version (i.e. 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. Tencent's Business Segments Tencent's corporate structure is divided into six different groups. 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. I'm especially curious if anyone particularly loves/hates this at $67/share. Note: slight discrepancies may exist between figures due to rounding. 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. Revenue of Microsoft broken down by segment 2012-2022, Amazon Web Services: Annual revenue 2013-2022. Financial content machine. 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. In 2019, Tencent generated RMB15.5 billion in media advertising revenues, a 15.4% decline from RMB18.3 billion in 2018. "Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan)." Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. For 2022, Hasbro saw overall revenue decline 9% to $5.86 billion. It has brought together China's largest Internet community, to meet the various needs of Internet users including communication, information, entertainment, e-commerce and others. Overview 1) Briefly introduce your company and what it does. Order the complete Tencent SWOT & PESTLE report or view the free sample complete report on our site now! 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. We think this market is very close to saturated given China's total 1.4 billion population. The first version only allows users to send texts and photos, not SMS. This makes it Tencents fastest growing segment for the six-year period. Over the past 6 months, the stock has traded down approximately 30% from $100/share. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. As a Premium user you get access to the detailed source references and background information about this statistic. Accessed March 02, 2023. https://www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent. In this note we discuss Electronic Arts' business model, its revenue segments, sales trends, and forecast. PDF. In contrast, QQ's smart device MAU has been declining since 2018 from 699.8 million MAUs to 552.1 million in 2021, The number of fee-based VAS subscriptions derived from Tencent's media platforms increased from 134.6 million subscriptions in 2017 to 236.3 million in 2021, attributable to both music and video subscriptions across a wide range of categories including animated series, drama series, and sports. Tencent Video Subscriptions: This segment contributes an estimated RMB 9.6 bln ($1.5 bln) which is 1.9% of revenues. Licaitong. Learn more about how Statista can support your business. At the current price of nearly HKD600, is Tencent still a good buy? Tencent Holdings is a Chinese technology conglomerate holding company that was founded in November 1998. 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. Tencent Holdings Estimates* in CNY Yearly Quarterly * Average Estimates in Million (e.g. Your email address will not be published. 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 . Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. You only have access to basic statistics. Click here to subscribe and stay tuned for future updates! Tencent Holding annual revenue for 2021 was $86.818B, a 24.29% increase from 2020. Weixin). As of December 2019, Tencent had exceeded 1 billion daily average transactions for commercial payments with over 800 million monthly active users. The Chinese tech giant Tencent reported a revenue of around 72.7 billion yuan from value-added services in the third quarter of 2022. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Do GDP and stock index ETFs actually grow in tandem? Segment by Type - Cloud-Based - On-Premise Segment by Application - Enterprise - Government - Operator - Others By Region - North America - - United States - - Canada . In 2005, his previous product Foxmail was acquired by Tencent. One yuan equals approximately 0.14 U.S. dollars and 0.14 euros (as of November 2022). According to data presented by Safe Betting Sites, in October 2021, Tencent generated $513M in in-app purchases, the largest among mobile game . ", 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. As soon as this statistic is updated, you will immediately be notified via e-mail. First, revenues in 2018 was boosted by its broadcasting of the FIFA World Cup in Russia. Tencent revenue has been posting strong growth over the past 5 years. Tencent. We first start by looking at Tencent's general financial metrics and revenue breakdown. Media Advertising. As a Premium user you get access to the detailed source references and background information about this statistic. While we provide a summary of our research, youd have to make your own decisions whether an investment is suitable for your portfolio. A huge part of this monetization is through WeChat mini-programs. You only have access to basic statistics. He led a team of fewer than 10 people and developed the first version of WeChat in less than 70 days. 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. . Weixin). The major producers in this industry include Tencent, Microsoft, Sony, etc., whose annual revenue accounts for 4.16%, 4.08% and 3.99% respectively. As stated in Tencent's 2020 official interim report, it makes revenue from its four major lines of business as enumerated below; Tencents VAS comprise two sub-segments Gaming and Social Network. Learn more about how Statista can support your business. The Chinese giant reported continued growth in its Q4 and full-year financial results, which is expected.Total Q4 2019 generated revenue is RMB 106 billion ($15.2 billion), up 25% year-over-year. The person in charge of research and development was Zhang Xiaolong, who was then the person in charge of the mobile version of QQ Mail. Over the same period, Tencent generated RMB578.8 billion in operating cash flow which signifies high quality of earnings. [Online]. Business Solutions including all features. The online games contributed 58.9% of the revenue with 104 billion yuan. Chart. Its online games Honour of Kings, PUBG Mobile, and. Its live streaming of game content includes e-sport tournaments such as League of Legends, King of Glory, and Peacekeeper Elite. Are you interested in testing our business solutions? "Revenue of Tencent in 3rd Quarter 2022, by Segment (in Billion Yuan). As of 2019. The 2 key Tencent social network is QQ and WeChat. Riot Games' Teamfight Tactics enhanced Chart. PDF. All rights reserved. With inflation soaring, consumers became more frugal with their spending. The evolution of Tencent's investment portfolio (comprising of mostly private but also public companies recorded on the asset side of the balance sheet - see Part 1) and the fair value of the company's holdings in publicly listed companies is consistent with management's historical strategy of acquiring promising private companies and growing them until they become public. WeChat wants to empower everyone to create content. 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. Tencent Holdings Limited is headquartered in Shenzhen, the People's Republic of China. Profit. The boom in the global videogame industry slowed down after a period of pandemic-driven growth. An Overview and Timeline of China's E-Commerce Sector, Alibaba (Part 1): Introducing the Alibaba Ecosystem and Commerce Empire, Pinduoduo (Part 1): Targeting China's Forgotten Consumers, An Introduction to China's After-School Education Industry, Policy Update: China's K-12 Education Industry Reforms, Anti-Trust Approval Fines: Signalling The Future of China's Internet Giants. Tencent achieved a 10-year CAGR of 40.7% and 33.6% in its group revenues and shareholders earnings respectively. 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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.
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