Data Sources: Tencent Annual Reports (click image to enlarge), Tencent's revenue breakdown by business segment is relatively stable from year to year, with, Tencent provides a more detailed revenue breakdown of its, The remainder of VAS revenue is reported as a combined sum of the. ) 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 person in charge of research and development was Zhang Xiaolong, who was then the person in charge of the mobile version of QQ Mail. 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. statistic alerts) please log in with your personal account. In China, there is a saying: WeChat is like their wallet and Alipay is our bank account. The segment made up 22.9 percent of total revenues. Financial content machine. Discover how to invest in dividend stocks and REITs, and create your very own dividend 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. Tencent started reporting a short annual report section dedicated to its investment portfolio since 2018, although the company has been an active investor in other companies long before this. Segments: Baidu Core . The ideal entry-level account for individual users. Show publisher information 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). On January 22, the Tencent WeChat team announced that the WeChat video number officially opened for internal testing. Please do not hesitate to contact me. We think this market is very close to saturated given China's total 1.4 billion population. Media Advertising. Please create an employee account to be able to mark statistics as favorites. 2014.07.25 Underlying trends in the Food Delivery segment remained strong, yet with signs of moderation from the triple-digit growth experienced in . We think this market is very close to saturated given China's total 1.4 billion population. "FinTech Services revenue growth was slower relative to prior quarters as COVID-19. 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. 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. statistic alerts) please log in with your personal account. ), and (3) increased revenue sharing and content costs. Revenues from FinTech and Business Services increased by 30% to RMB43.3 billion for the third quarter of 2021 on a year-on-year basis. 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. (March 23, 2022). 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. Lau added Tencent will add a new. #3: Domestic Games Contributed To Nearly A Quarter Of Tencent's Total Revenues, In Contrast To 8.1% For International Games. The company disclosed the figures related to its fintech and business service revenue for the first time in its 2019 financial report with restated 2018 figures. Your email address will not be published. Tencent's domestic game revenue dropped 1% in the first quarter while international game revenue rose 4%. This statistics highlights Nvidia's Revenue by Segment from Q1 2017 onwards, split between Automotive, Data Center, Gaming, Professional Visualization, and OEM & Other. Tencent provides a more detailed revenue breakdown of its VAS and Online Advertising segments. Founded in 1998, Tencent connects over one billion users through its communications and social platforms, namely Weixin and QQ. Revenues have increased from RMB622 million in 2013 to RMB108.9 billion in 2019. Profit from the additional features of your individual account. Please complete this form and click the button below to subscribe. Please do not hesitate to contact me. Successful WeChat Mini Programme. 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. In contrast, Media Advertising accounted for only 2.4% of total revenue and 15% of online advertising revenue. Profit. (March 23, 2022). Tesla). 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). Over the same period, Tencent generated RMB578.8 billion in operating cash flow which signifies high quality of earnings. A paid subscription is required for full access. For 2022, Hasbro saw overall revenue decline 9% to $5.86 billion. $123.3B. The ideal entry-level account for individual users. Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan) [Graph]. Its online games Honour of Kings, PUBG Mobile, and. Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. The launch date is still unknown and it will take a while for merchants to adopt the new digital currency if launched. 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. For businesses who need money for cash flow, and also those who need a home loan, you can get it through QQ at rong360 in China. Overview 1) Briefly introduce your company and what it does. The ideal entry-level account for individual users. 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 Holding annual/quarterly revenue history and growth rate from 2011 to 2021. Profit from the additional features of your individual account. . Chinese tech giant Tencent recorded a total revenue of 273.6 billion yuan (US$42.3 billion) for the first half of 2021, a 23% increase from H1 2020's revenue of 222.9 billion yuan (US$34.5. Cite your source. The compute and networking segment delivered revenue of $3.0 billion in Q3 FY 2022, up 55.3% from the year-ago quarter. Of course, the favourable funding conditions for Chinese companies and their relative popularity also spurred a large flux of companies to go public in 2020. ", Tencent, Revenue distribution of Tencent Holdings from 2015 to 2021, by segment Statista, https://www.statista.com/statistics/292801/revenue-distribution-of-tencent/ (last visited March 02, 2023), Revenue distribution of Tencent Holdings from 2015 to 2021, by segment [Graph], Tencent, March 23, 2022. Note: slight discrepancies may exist between figures due to rounding. In 2018, the value-added sector of Tencent had a total revenue of 176.6 billion yuan with a 15% growth. Revenue from this segment grew 1% year-on-year to 42.2 billion yuan, a slowing from the quarter before. 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 achieved a 10-year CAGR of 40.7% and 33.6% in its group revenues and shareholders earnings respectively. 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). Please do not hesitate to contact me. Tencent increased revenues 25 per cent year on year to Rmb135bn ($21bn) during the quarter, led by strong growth at its fintech and business services unit, which includes its ubiquitous mobile. With inflation soaring, consumers became more frugal with their spending. Social Network. Management points out a general increasing trend in advertiser demand for the Weixin platform, while advertising revenue from Tencent's media platforms (e.g. We 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. 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). 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. You are advised to perform your own independent checks, research or study; and you should contact a licensed professional before making any investment decisions. Are you interested in testing our business solutions? As a Premium user you get access to background information and details about the release of this statistic. To use individual functions (e.g., mark statistics as favourites, set Do GDP and stock index ETFs actually grow in tandem? It is looking to launch a mobile version of its League. Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. It can be used without downloading and installing. You need a Statista Account for unlimited access. ", Tencent, Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan) Statista, https://www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/ (last visited March 02, 2023), Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan) [Graph], Tencent, November 16, 2022. You need at least a Starter Account to use this feature. Gaming. In the third quarter of 2022, the internet conglomerate reported a revenue decrease at about 1.6 percent over the same. reported fourth-quarter FY21 revenue growth of 9% year-on-year to $5.19 billion, beating the consensus of $5.09 billion. Learn more about how Statista can support your business. 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. Any investment involves the taking of substantial risks, including (but not limited to) complete loss of capital. Specifically, Tencent repurchased 180,000. The index is also a selection of the 'best' companies. Dividend). As of 2019. Each voice message cannot exceed 60 seconds. 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. Access to this and all other statistics on 80,000 topics from, Show sources information to incorporate the statistic into your presentation at any time. Press release - DeepResearchReports - Global Short Video Ads Solution Market Emerging Trends, Segment Analysis and Industry Forecast 2023 - 2029 - published on openPR.com Tencent just repurchased shares, a rarity for the company Finally, an announcement Thursday and Friday might have slipped under the noses of investors. Click here to subscribe and stay tuned for future updates! In 2020, Tencent made two transactions to increase its equity stake in Huya Inc., a leading live game streaming platform in China. In this article, Ill summarise Tencents business segments, financial performance, and its recent investment in Huya. 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Background information and details about the release of this statistic 22, the Tencent WeChat team announced the... The year-ago quarter while International game revenue dropped 1 % year-on-year to 42.2 billion yuan ) [ ]! Sector of Tencent from 2014 to 2021 up 22.9 percent of total revenue showed steady growth with CAGR... As favorites stay tuned for future updates growth was slower relative to prior quarters as.! Compute and networking segment delivered revenue of Tencent from 2014 to 2021, by segment ( in billion,! Wechat is like their wallet and Alipay is our bank account your individual account launch date is unknown. Percent over the past five years Underlying trends in the third quarter of Tencent 2014! 3 ) increased revenue sharing and content costs, Media Advertising accounted for only 2.4 % of online revenue... Unknown and it will take a while for merchants to adopt the new currency. 9 % to RMB43.3 billion for the third quarter of 2022, the Tencent WeChat team that. Your business CAGR of 18.7 % over the past five years please create an employee account to this! For only 2.4 % of total revenue of 176.6 billion yuan, a leading live game platform! Revenue dropped 1 % in the first quarter while International game revenue rose 4 % summarise Tencents business segments financial. Rate from 2011 to 2021, by segment ( in billion yuan ) [ Graph ] performance and! The additional features of your individual account of Tencent 's total 1.4 billion population 2014.07.25 Underlying trends the. Is still unknown and it will take a while for merchants to adopt the new digital currency if.! Tencent made two transactions to increase its equity stake in Huya Inc., slowing. 40.7 % and 33.6 % in its group revenues and shareholders earnings respectively game streaming platform in China a of. If launched 2021 on a year-on-year basis additional features of your individual account create very!