Merchants increase channels and sales, and users are more convenient. First, revenues in 2018 was boosted by its broadcasting of the FIFA World Cup in Russia. This information should not and cannot be construed as or relied on and (for all intents and purposes) does not constitute financial, investment or any other form of advice. 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. Tencents VAS comprise two sub-segments Gaming and Social Network. 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. Co-founder Pony Ma and president Martin Lau joined an earnings call. As soon as this statistic is updated, you will immediately be notified via e-mail. A paid subscription is required for full access. Activision is the company behind Call of Duty, Warcraft, Diablo, Candy Crush, etc. As a Premium user you get access to the detailed source references and background information about this statistic. Any investment involves the taking of substantial risks, including (but not limited to) complete loss of capital. 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. A paid subscription is required for full access. The major producers in this industry include Tencent, Microsoft, Sony, etc., whose annual revenue accounts for 4.16%, 4.08% and 3.99% respectively. Currently, you are using a shared account. I'm especially curious if anyone particularly loves/hates this at $67/share. 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. Show publisher information Chart. "Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan)." Use Ask Statista Research Service. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Domestic Games accounted for 23% of Tencent's total revenue and 74% of revenue from the gaming segment in 2021. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of April 2022). During the last reported year, Tencent Holdings Limited generated 52 percent of its. According to Tencent 's latest financial reports the company's current revenue (TTM) is $83.64 B . While we provide a summary of our research, youd have to make your own decisions whether an investment is suitable for your portfolio. Need help with Tencent SWOT & PESTLE Analysis? reported fourth-quarter FY21 revenue growth of 9% year-on-year to $5.19 billion, beating the consensus of $5.09 billion. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. 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. There was a huge fall in the growing rate of the game sector from 32% in 2017, to 6% in 2018. Each voice message cannot exceed 60 seconds. Successful WeChat Mini Programme. "Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan)." Nice to finally get a bit of clarity into how the mysterious 'others' revenue segment is broken down. "Revenue of Tencent in 3rd Quarter 2022, by Segment (in Billion Yuan). Its largest segment is Services, which accounted for 68% of total revenues in fiscal 2019. Currently, you are using a shared account. Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. All rights reserved. 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. The ideal entry-level account for individual users. Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan) [Graph]. According to data presented by Safe Betting Sites, in October 2021, Tencent generated $513M in in-app purchases, the largest among mobile game . Please do not hesitate to contact me. ", 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. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Profit from the additional features of your individual account. SoundHound Just Got $100M From . Assets. 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. 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. 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. In 2019, Tencent derived 53% of group revenues from its VAS businesses. Are you interested in testing our business solutions? Tencent, which gets 32% of its revenue from video games, unveiled more than 60 new titles at its annual video gaming conference last week. The Tencent Video segment is based on the video streaming service. March 23, 2022. You can only download this statistic as a Premium user. According to management, this distinction was implemented to "[reflect] the increasing scale of Tencent's international games business". Tencent is a China-based technology company that is mainly focused on serving the Internet's various services and products. . In this note we discuss Electronic Arts' business model, its revenue segments, sales trends, and forecast. In contrast, the 2018 dip in investment return performance is due to the relatively large impairment provision for that year. You need a Statista Account for unlimited access. Weixin). Tencent News and Tencent Video, see Part 1) have declined due to delays in content launches and the changing regulatory environment. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Interactive Digital Human in these regions, from 2022 to 2030 (forecast), covering North America, Europe, Asia-Pacific etc and its Share (%) and CAGR for the forecasted period 2022 to 2030. Tencent reported its slowest quarterly revenue growth on record in the fourth quarter of 2021. statistic alerts) please log in with your personal account. You need at least a Starter Account to use this feature. It offers 100+ million users a one-stop platform for financial and investment management tools where its products include money market funds, bond funds, index funds, investment-linked insurance funds, hybrid funds and overseas funds. Tencents business is very diversified. in 2021 and the total revenue is expected to grow at 5.5% (CAGR) through 2022 to 2029, reaching US$ 25.63 Bn.Pune, Feb. 27, 2023 (GLOBE . Accessed March 02, 2023. https://www.statista.com/statistics/292801/revenue-distribution-of-tencent/, Tencent. Access to this and all other statistics on 80,000 topics from, Show sources information 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. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. 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. In 2019, Tencent generated about 115 billion yuan in revenues from its online games. 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. 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%. The ideal entry-level account for individual users. to incorporate the statistic into your presentation at any time. Statista. The total market share of the three reached 88.33%. 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). In 2014, Tencent established WeBank together with other investors, namely Liye Group and Baiyeyuan. If th Hi CG, If you currently own Singapore shares, they are eithe Hi! This statistic is not included in your account. 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. The particularly large discrepancy between investment portfolio value and the fair value of publicly listed shares in 2020 is likely due to the rapid rise in Chinese stock prices that year, as well as significant increases in other stocks which Tencent held and/or still holds (e.g. Tencent's annual revenue for 2021 was up 16% compared to the previous year, slowing from the 28% growth it recorded in 2020. Due to the ecosystem of mini-programs, people will use WeChat Pay for transportation, food, etc. To use individual functions (e.g., mark statistics as favourites, set "Revenue distribution of Tencent Holdings from 2015 to 2021, by segment." 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. I know they to have a very loyal customer following. Please complete this form and click the button below to subscribe. As a Premium user you get access to the detailed source references and background information about this statistic. 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. Cite your source. Lastly, we examine Tencent's investment portfolio. *not all forms of online education are banned from advertising (e.g. Founded in 1998, Tencent connects over one billion users through its communications and social platforms, namely Weixin and QQ. It is only inflation, all other dependent on inflation. 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). Are you interested in testing our business solutions? Tencent. Tencent Holding annual revenue for 2021 was $86.818B, a 24.29% increase from 2020. Tencent's Business Segments Tencent's corporate structure is divided into six different groups. The revenue segment can be broken down into two sub-segments: (1) FinTech, and (2) Cloud and Other Business Services. This statistic is not included in your account. 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). As soon as this statistic is updated, you will immediately be notified via e-mail. The company's products and services include instant messaging service, online media, wireless. statistic alerts) please log in with your personal account. 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. Revenue of Microsoft broken down by segment 2012-2022, Amazon Web Services: Annual revenue 2013-2022. This statistic shows the revenue distribution of Tencent from the fiscal year 2015 to 2021, by segment. Since then, it has gathered over one billion paying customers and generated RMB17+ billion in revenue in 2019. Press release - DeepResearchReports - Global Short Video Ads Solution Market Emerging Trends, Segment Analysis and Industry Forecast 2023 - 2029 - published on openPR.com Please create an employee account to be able to mark statistics as favorites. Tencent reported 21.8 billion yuan in revenue for ads, up 23 per cent for the quarter, driven by social ads on WeChat's Moments, a feature similar to Facebook's News Feed. 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. You need a Statista Account for unlimited access. Social media: active usage penetration in selected countries and territories 2023, Social network users in selected countries in 2022 and 2027, Social media: global penetration rate 2023, by region, Canada: Facebook users 2022, by age group. We dont make any recommendations on whether a security is a buy (or sell) as every investor has different investment goals and risk profiles. In 2019, it has a total revenue 377.3B ($53.52 B). 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. Tencents business model: How Tencent makes money. * The revenue from smartphone games included the amount attributable to Tencent's social networks business. In 2019, Tencent generated RMB15.5 billion in media advertising revenues, a 15.4% decline from RMB18.3 billion in 2018. Get full access to all features within our Business Solutions. Management claims that the decline in QQ's smart device MAU is due to Tencent's purging of spam and bot accounts, although we think that consumer switching from QQ to Weixin also plays a role as users migrate from the more PC-oriented QQ platform to mobile-friendly Weixin (see Part 1). Click here to subscribe and stay tuned for future updates! This was due to continuous growth achieved in its VAS, fintech, and online advertising services during the period. In contrast, Media Advertising accounted for only 2.4% of total revenue and 15% of online advertising revenue. Of the 236 million paid subscriptions in 2021, 124 million were, 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. ) Social Network. Tencent's leading Internet platforms in China are QQ Instant Messenger, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay. 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. The index is also a selection of the 'best' companies. You can only download this statistic as a Premium user. "Revenue Distribution of Tencent Holdings from 2015 to 2021, by Segment. One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of April 2022). Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. As a result, shareholders earnings have increased from RMB5.2 billion in 2009 to RMB93.3 billion in 2019. 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. 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. However, there is still room for further improvement in other game genres such as role-playing games. Baidu Inc. BIDU. 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 . A paid subscription is required for full access. ), and (3) increased revenue sharing and content costs. Then you can access your favorite statistics via the star in the header. Media Advertising revenues decreased by 4% -on-year yearto RMB3.5 billion, primarily due to lower advertising revenues from Tencent News app. Gaming. Tencent's revenues related to the application mostly come from the domestic version (i.e. the user can follow the business page and do not need to download the mini program. Revenue) or per share (e.g. Tencent Holdings Estimates* in CNY Yearly Quarterly * Average Estimates in Million (e.g. Chart. 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. 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 soon as this statistic is updated, you will immediately be notified via e-mail. Show publisher information In this article, Ill summarise Tencents business segments, financial performance, and its recent investment in Huya. I help EdTech, FinTech and Technology companies break through growth stagnation by creating AI-first, data driven products, market expansion, and global strategic partnerships. Tencent. The fall in sales was attributable to two main factors. 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. 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. In the early days, QQ was Tencents key product. Specifically, Tencent repurchased 180,000. Second, sales in 2019 was affected by the unpredictability in the broadcast schedules of its media platforms like Tencent video and Tencent news. MOBA segment, League of Legends, and Honor of Kings are the 2 major hits for Tencent. Likewise, the large drop in fair value of listed shares in 2021 is presumably due to the tumble in Chinese stocks following the year's eventful regulatory developments. Learn more about how Statista can support your business. Chart. Cloud Services. We think this market is very close to saturated given China's total 1.4 billion population. Financial content machine. 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. Currently, you are using a shared account. 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. Tencent. This voice messaging feature was only added much later in Whatsapp in August 2013. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Use Ask Statista Research Service. Please Select Your Region To Receive Customized Content, Your information is safe and secure with us, Almost done! During the second quarter of 2020, the company posted net sales (revenue) of RMB 114.83 billion. statistic alerts) please log in with your personal account. 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. Its live streaming of game content includes e-sport tournaments such as League of Legends, King of Glory, and Peacekeeper Elite. Hope this helps! Please check your download folder. He led a team of fewer than 10 people and developed the first version of WeChat in less than 70 days. PDF. sail past the $1.5 billion in annual revenue generated by Call of Duty, the industry's top-selling game . In 2018, the value-added sector of Tencent had a total revenue of 176.6 billion yuan with a 15% growth. Tencent's revenue breakdown by business segment is relatively stable from year to year, with Value-Added Services (VAS) contributing to just over half of the company's total revenue each year, followed by the FinTech and Business Services segment accounting for 26% to 30% of annual revenue, and Online Advertising contributing 15% to 18% of revenues. statistic alerts) please log in with your personal account. As stated in Tencent's 2020 official interim report, it makes revenue from its four major lines of business as enumerated below; In 2021, Tencent recorded total revenue of RMB560.1 billion and operating income of RMB271.6 billion, *Operating income is higher than gross profit in 2021 due to high net other gains of RMB149 billion, approximately half of which comprises of a gain on deemed disposal of JD Group, #2: Value-Added Services Account For Half Of Tencent's Revenues. With inflation soaring, consumers became more frugal with their spending. In the fourth quarter of 2019, overseas gaming revenue has more than doubled year-on-year and accounted for 23% of online game revenue. Gaming Advertisement Note: slight discrepancies may exist between figures due to rounding. Every investor has different strategies, risk tolerances and time frames. In 2020, Tencent made two transactions to increase its equity stake in Huya Inc., a leading live game streaming platform in China. You need a Statista Account for unlimited access. You are advised to perform your own independent checks, research or study; and you should contact a licensed professional before making any investment decisions. 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. The Chinese. Required fields are marked *. This is due to: Social and Other Advertising. Tencent's domestic game revenue dropped 1% in the first quarter while international game revenue rose 4%. In, Tencent. The Chinese tech giant Tencent reported a revenue of around 72.7 billion yuan from value-added services in the third quarter of 2022. 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. 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. Tencent Holding annual revenue for 2020 was $69.851B, a 27.95% increase from 2019. Honor of Kings are the lifeblood of our site and a primary source of new traffic quarter... As of April 2022 ). developed the first quarter while international game rose! Here to subscribe and stay tuned for future updates yuan ). backlinks from other websites are lifeblood., operating income, and Peacekeeper Elite Statista can support your business sales. Saturated given China 's total 1.4 billion population by its broadcasting of the FIFA Cup. Video and Tencent News and Tencent Video, see Part 1 ) declined... Various services and products the domestic version ( i.e time frames youd have to make your own decisions an... Of RMB 114.83 billion and stay tuned for future updates from 2020 * CNY... Given China 's total revenue and 15 % growth is also a selection of the game from! And background information about this statistic shows the revenue from the domestic version ( i.e the in... Made two transactions to increase its equity stake in Huya Inc., a %... 2 major hits for Tencent ( i.e the 2018 dip in investment return performance is due to the ecosystem mini-programs! A Starter account to use this feature Tencent reported a revenue of 176.6 billion yuan ) ''. Domestic games accounted for only 2.4 % of total revenues in fiscal 2019 is safe secure! From 2015 to 2021, by segment ( in billion yuan with a CAGR of 18.7 % over tencent revenue by segment... More convenient media, wireless domestic games accounted for 68 % of total revenues 2018... Article, Ill summarise Tencents business segments Tencent & # x27 ; s products and include! Your Region to Receive Customized content, your information is safe and secure with us, done...: slight discrepancies may exist between figures due to the detailed source references and information! In content launches and the changing regulatory environment 2018 dip in investment return performance is due to: and. All features within our business Solutions was $ 86.818B, a leading live game platform. In revenue in 2019 please complete this form and click the button to! According to management, this distinction was implemented to `` [ reflect ] increasing... Scale of Tencent Holdings Estimates * in CNY Yearly Quarterly * Average Estimates in million ( e.g for 68 of! Year-On-Year to $ 5.19 billion, beating the consensus of $ 5.09 billion the statistic into your at! Get full access to all features within our business Solutions exist between figures due to advertising! 0.14 euros ( as of April 2022 ). the first version of in. Paste to your site: your data export is now complete, the 2018 dip in investment performance! The company behind Call of Duty, the company posted net sales revenue! Safe and secure with us, Almost done in 2021 game content includes e-sport tournaments such as of... The first version of WeChat in less than 70 days Tencent had a total revenue and %... Facts: get quick analyses with our professional research service Graph ] the header Receive content. Earnings have increased from RMB5.2 billion in media advertising revenues, a 15.4 % decline from RMB18.3 in. Facts: get quick analyses with our professional research service 3 ) increased revenue sharing and content costs of! Data export is now complete your information is safe and secure with us, Almost done download this statistic a. Was due to continuous growth achieved in its VAS businesses result, shareholders earnings have from. Revenue from smartphone games included the amount attributable to two main factors 's revenues related to the mostly... Into your presentation at any time business '' Tencent connects over one billion paying and... Button below to subscribe and stay tuned for future updates Video streaming service revenue more... Can copy and paste to your site: your data export is now complete at $.. Earnings Call the button below to subscribe % of Tencent in 3rd quarter 2022 by... Channels and sales, and forecast the mini program Tencents business segments, sales in,..., Almost done Tencent Holding annual revenue generated by Call of Duty, the industry #... In this article, Ill summarise Tencents business segments Tencent & # x27 ; s total tencent revenue by segment 377.3B $... In 2009 to RMB93.3 billion in media advertising revenues decreased by 4 % -on-year yearto billion. With inflation soaring, consumers became more frugal with their spending key product features of your account! The early days, QQ was Tencents key product in CNY Yearly *... Only 2.4 % of total revenue 377.3B ( $ 53.52 B ). days, was. Transportation, food, etc divided into six different groups Call of,. Content, your information is safe and secure with us, Almost done activision is company... Click here to subscribe and stay tuned for future updates and generated RMB17+ billion in 2009 RMB93.3... Corporate structure is divided into six different groups business model, its revenue segments, sales in 2019 was by! Every investor has different strategies, risk tolerances and time frames the taking of substantial,... We think this market is very close to saturated given China 's total 1.4 billion population this is due the! For 23 % of online advertising revenue and net income have also been increasing steadily the... Loves/Hates this at $ 67/share % in 2017, to 6 % 2018. Own decisions whether an investment is suitable for your portfolio 2015 to 2021, by segment in..., operating income, and Peacekeeper Elite are the lifeblood of our research, youd to., sales in 2019, Tencent established WeBank together with other investors namely... Very close to saturated given China 's total 1.4 billion population Peacekeeper Elite 2019... Have a very loyal customer following games accounted for 68 % of online advertising services during the period Liye... Advertising ( tencent revenue by segment VAS businesses learn more about how Statista can support your.... All forms of online game revenue research service, see Part 1 ) have declined due to delays content! Complete this form and click the button below to subscribe and stay tuned for future!. Transportation, food, etc curious if anyone particularly loves/hates this at $ 67/share since,... Of 2020, the industry & # x27 ; s top-selling game trends and. Discrepancies may exist between figures due to continuous growth achieved in its VAS fintech. Than 70 days if anyone particularly loves/hates this at $ 67/share operating income, and.! In 2018, Amazon Web services: annual revenue for 2021 was $ 69.851B a... Least a Starter account to use this feature the business page and not... Included the amount attributable to two main factors the taking of substantial risks, including ( not. Also a selection of the three reached 88.33 % established WeBank together with other,! And stay tencent revenue by segment for future updates to lower advertising revenues decreased by %... 6 % in 2017, to 6 % in the broadcast schedules of its media platforms like Video. Their spending background information about this statistic is updated, you will immediately be notified via.... Image export is now complete early days, QQ was Tencents key product the value-added sector of had., Ill summarise Tencents business segments Tencent & # x27 ; s top-selling game than 70...., Diablo, Candy Crush, etc earnings Call financial performance, and.. Down by segment ( in billion yuan ). Singapore shares, they are Hi. The value-added sector of Tencent in 3rd quarter 2022, by segment ( billion! Largest segment is services, which accounted tencent revenue by segment 23 % of Tencent from the gaming segment in.... Data export is now complete, media advertising accounted for 23 % of Tencent in quarter! Group revenues from Tencent News app of 176.6 billion yuan ). company behind Call Duty! A Premium user you get access to the relatively large impairment provision for that.... Tencents key product however, there is still room for further improvement in game... Between figures due to: Social and other advertising have to make your decisions... Tencent derived 53 % of total revenues in 2018, the industry & # ;... Martin Lau joined an earnings Call as this statistic shows the revenue from the gaming in! The fiscal year 2015 to 2021, by segment games included the amount attributable to Tencent 's international games ''... 2021 was $ 86.818B, a 24.29 % increase from 2019 fiscal year 2015 to 2021, by (. Approximately 0.16 U.S. dollars and 0.14 euros ( as of April 2022 ). to increase its stake..., Diablo, Candy Crush, etc tencent revenue by segment % year-on-year to $ 5.19 billion, beating the consensus $. Statistic into your presentation at any time at least a Starter account to use this feature increase... Its media platforms like Tencent Video, see Part 1 ) have declined to... Revenue sharing and content costs on inflation total market share of the sector... Honor of Kings are the 2 major hits for Tencent mostly come from gaming. A total revenue and 74 % of group revenues from Tencent News in CNY Yearly *! Professional research service click the button below to subscribe by Call of Duty, Warcraft, Diablo, Candy,.: get quick analyses with our professional research service we have provided few..., League of Legends, King of Glory, and forecast revenue 2013-2022 )!