Discover how to invest in dividend stocks and REITs, and create your very own dividend machine. Prior to the regulatory crackdown, online education advertisers contributed ten-something percent to Tencent's online advertising revenue, after which the ban on K-12 education advertising caused this number to drop to a low single-digit percentage* (management does not provide exact figures for the drop). #6: Tencent's Gross Profit Margin Is Relatively Constant While Operating Profit Margin Shows Greater Fluctuation. The segment accounts for about 42% of Nvidia's total revenue.. In the fourth quarter of 2019, overseas gaming revenue has more than doubled year-on-year and accounted for 23% of online game revenue. 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. 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). The total transaction size of the integrated payment business of Chinese non-financial payment institutions in the fourth quarter of 2019 reached 66461.33 trillion yuan, an increase of 5.74% month-on-month. Use Ask Statista Research Service. Business Solutions including all features. However, there is still room for further improvement in other game genres such as role-playing games. Profit from the additional features of your individual account. Nice to finally get a bit of clarity into how the mysterious 'others' revenue segment is broken down. Advertising revenues decreased by 25% to RMB3.2 billion, reflecting lower advertising revenues from Tencent Video and Tencent News services. The index is also a selection of the 'best' companies. You can only download this statistic as a Premium user. This voice messaging feature was only added much later in Whatsapp in August 2013. Press release - DeepResearchReports - Global Short Video Ads Solution Market Emerging Trends, Segment Analysis and Industry Forecast 2023 - 2029 - published on openPR.com A paid subscription is required for full access. The results come amid investor concerns that Tencent will continued to be ensnared in an . Use Ask Statista Research Service. Register in seconds and access exclusive features. This statistic is not included in your account. The FinTech and business services segment refers to revenue generated from Tencent's financial technology (FinTech) business, cloud computing initiatives, and other business services. 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. 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. Its various subsidiary companies include Tencent Music Entertainment, Tencent Sports, and Tencent AI. A huge part of this monetization is through WeChat mini-programs. to incorporate the statistic into your presentation at any time. Get full access to all features within our Business Solutions. The boom in the global videogame industry slowed down after a period of pandemic-driven growth. PDF. Profit. Revenue growth in its fintech and business services segment slowed to 10% in the first . In 2013, Tencent launched Tencent Cloud. The market tends to be driven solely by the domestic players in the near-term A paid subscription is required for full access. Successful WeChat Mini Programme. Chart. In this article, we walk through Tencent's financial statistics and business metrics. Tencent achieved a CAGR of 23.7% over the past six years in Gaming revenues, up from RMB32.0 billion in 2013 to RMB114.7 billion in 2019. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. This statistic is not included in your account. I'm especially curious if anyone particularly loves/hates this at $67/share. [Online]. 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. If you are an admin, please authenticate by logging in again. Tencent revenue has been posting strong growth over the past 5 years. Are you interested in testing our business solutions? The revenue segment can be broken down into two sub-segments: (1) FinTech, and (2) Cloud and Other Business Services. to incorporate the statistic into your presentation at any time. Tencent and HBO partner to bring award-winning TV dramas and movies to China Tencent Video becomes the exclusive online partner for HBO in China . In 2019, Tencent derived 53% of group revenues from its VAS businesses. Annual revenue of Tencent from 2014 to 2021,. Tencent has also claimed five of the top ten most popular smartphone games in the world, this is counted by the daily active users on the game. 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. Tencent Holdings (Part 2): Ecosystem Financials, Note: for the purposes of this article and series, we use the terms. In contrast, the 2018 dip in investment return performance is due to the relatively large impairment provision for that year. reported fourth-quarter FY21 revenue growth of 9% year-on-year to $5.19 billion, beating the consensus of $5.09 billion. 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. 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. 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. 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. Assets. 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. Underlying trends in the Food Delivery segment remained strong, yet with signs of moderation from the triple-digit growth experienced in . 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. In, Tencent. 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. Tencent, which gets 32% of its revenue from video games, unveiled more than 60 new titles at its annual video gaming conference last week. "Revenue Distribution of Tencent Holdings from 2015 to 2021, by Segment. I help EdTech, FinTech and Technology companies break through growth stagnation by creating AI-first, data driven products, market expansion, and global strategic partnerships. If your company operates . Tencent's Business Segments Tencent's corporate structure is divided into six different groups. Ma Huateng said: Voice messages will transform people who are not used to typing on smartphones into WeChat users. The daily user growth then of WeChat has increased from 10,000 to 60,000. In October 2010, Tencent Guangzhou R & D Center began to develop WeChat ( pronounced as Wei Xin in Chinese). [Online]. FinTech Services revenue growth primarily reflected increasing commercial The online games contributed 58.9% of the revenue with 104 billion yuan. Note: for the purposes of this article and series, we use the terms Weixin and WeChat interchangeably. Hope this helps! 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. ) . In the early days, QQ was Tencents key product. Domestic Games accounted for 23% of Tencent's total revenue and 74% of revenue from the gaming segment in 2021. One of the main drawbacks the company has is its weak marketing strategies. A paid subscription is required for full access. Access to this and all other statistics on 80,000 topics from, Show sources information You need a Statista Account for unlimited access. Since the initial outbreak in Wuhan, the COVID-19 pandemic has brought many changes to our daily lives and caused disruptions to both businesses and economies worldwide. Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. Tencents business is very diversified. March 23, 2022. The mini-programs are only within WeChat. WeBank. Accessed March 02, 2023. https://www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent. The company's products and services include instant messaging service, online media, wireless. Currently, you are using a shared account. During the second quarter of 2020, the company posted net sales (revenue) of RMB 114.83 billion. Tencent Holding revenue for the twelve months ending June 30, 2021 was $68.153B, a 31.5% increase year-over-year. Learn more about how Statista can support your business. Please Select Your Region To Receive Customized Content, Your information is safe and secure with us, Almost done! Please do not hesitate to contact me. With inflation soaring, consumers became more frugal with their spending. It was supported by higher revenue earned from Weixin Moments, Mini Programs, and its mobile advertising networks. (March 23, 2022). If you are an admin, please authenticate by logging in again. 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. As stated in Tencent's 2020 official interim report, it makes revenue from its four major lines of business as enumerated below; 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. 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 . statistic alerts) please log in with your personal account. The year 2018 marked a change in its revenue structure. 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. Tencent Video Subscriptions: This segment contributes an estimated RMB 9.6 bln ($1.5 bln) which is 1.9% of revenues. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Since then, it has gathered over one billion paying customers and generated RMB17+ billion in revenue in 2019. Alibaba Cloud Computing Revenue Growth Rate in . Yachts Charter Market size was valued at US$ 16.7 Bn. 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. Access to this and all other statistics on 80,000 topics from, Show sources information 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. Riot Games' Teamfight Tactics enhanced It is only inflation, all other dependent on inflation. 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. "Revenue of Tencent in 3rd Quarter 2022, by Segment (in Billion Yuan). 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. As a Premium user you get access to background information and details about the release of this statistic. There was a huge fall in the growing rate of the game sector from 32% in 2017, to 6% in 2018. Tencent's annual revenue for 2021 was up 16% compared to the previous year, slowing from the 28% growth it recorded in 2020. Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. Tencent's leading Internet platforms in China are QQ Instant Messenger, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay. Each voice message cannot exceed 60 seconds. Profit from the additional features of your individual account. Use tab to navigate through the menu items. ", 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. 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Analysis You are advised to perform your own independent checks, research or study; and you should contact a licensed professional before making any investment decisions. Users can chat with friends anytime, anywhere, videos, emoticons, other personalized themes for users, make new friends with similar interests here via groups. Any historical information should be succinct. Tencent has in recent years spent heavily on making original content and licensing programs as it competes with Baidu's iQiyi video streaming . 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. "Annual gaming revenue of Tencent in 2021, by segment (in billion yuan)." It is looking to launch a mobile version of its League. To use individual functions (e.g., mark statistics as favourites, set This is driven by e-commerce festivals such as the Double Eleven and Double Twelve, e-commerce giants such as Ali and JD.com. *not all forms of online education are banned from advertising (e.g. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. 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. Tencent reported its slowest quarterly revenue growth on record in the fourth quarter of 2021. Second, sales in 2019 was affected by the unpredictability in the broadcast schedules of its media platforms like Tencent video and Tencent news. Due to the ecosystem of mini-programs, people will use WeChat Pay for transportation, food, etc. One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of April 2022). The first version only allows users to send texts and photos, not SMS. All rights reserved. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. It is social, free and popular on mobile -- the fastest growing segment of gaming. Slowing Videogaming Segment. Dividend investor. 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. Currently, you are using a shared account. #1: The Weixin/WeChat Market Is Saturated, While QQ is Declining in Popularity. PDF. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. 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. ) $123.3B. 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. We dont make any recommendations on whether a security is a buy (or sell) as every investor has different investment goals and risk profiles. to incorporate the statistic into your presentation at any time. Co-founder Pony Ma and president Martin Lau As of 2019. WeChat wants to empower everyone to create content. Statista. 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). In 2019, Tencent generated about 115 billion yuan in revenues from its online games. As a Premium user you get access to background information and details about the release of this statistic. Show publisher information Push to send voice messaging ease of use led to an increased download. The Tencent Video segment is based on the video streaming service. 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. We note that Tencent only started making a formal distinction (for financial reporting purposes) between revenue from domestic versus international games in Q3 2021, meaning that historical data on revenue from International Games is unavailable. Copyright 2023 The Fifth Person. Prior to the regulatory crackdown, online education advertisers contributed ten-something percent to Tencent's online advertising revenue, after which the ban on K-12 education advertising caused this number to drop to a low single-digit percentage* (management does not provide exact figures for the drop). We first start by looking at Tencent's general financial metrics and revenue breakdown. 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. The carmaker estimates sales in the segment of between 1.4 million and 1.5 million units this year, including gas-powered and electrified crossovers, with a price range of RMB 300,000 to RMB 500,000 ($43,205 to $72,009). document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. (March 23, 2022). In 2021, Tencent recorded total revenue of RMB560.1 billion and operating income of RMB271.6 billion For businesses who need money for cash flow, and also those who need a home loan, you can get it through QQ at rong360 in China. Business Solutions including all features. Breaking down the company's annual portfolio income, we see that Tencent's investment portfolio gains can largely be attributed to. Use Ask Statista Research Service. This increases its voting power to 50.9% and equity stakes to 36.9% in Huya Inc. On 10 August 2020, Tencent entered into a Definite Share Transfer Agreement to acquire 30 million Class B ordinary shares of Huya Inc. for US$ 810 million from JOYY Inc. You only have access to basic statistics. Learn more about how Statista can support your business. The compute and networking segment delivered revenue of $3.0 billion in Q3 FY 2022, up 55.3% from the year-ago quarter. The fall in sales was attributable to two main factors. Profit from the additional features of your individual account. We examine this more granular breakdown below. Specifically, Tencent repurchased 180,000. One yuan equals approximately 0.14 U.S. dollars and 0.14 euros (as of November 2022). On 3 April 2020, Tencent acquired 16.5 million Class B ordinary shares of Huya Inc. for US$262.6 million. 2014.07.25 statistic alerts) please log in with your personal account. (November 16, 2022). Revenues have increased from RMB622 million in 2013 to RMB108.9 billion in 2019. The Chinese tech giant Tencent continues to generate more revenue. By region, North America had the highest share . ", Tencent, Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan) Statista, https://www.statista.com/statistics/292800/revenue-of-tencent-by-segment/ (last visited March 02, 2023), Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan) [Graph], Tencent, March 23, 2022. For the full year 2021, Tencent reported a 16% year-over-year. Dividend). Your email address will not be published. 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. 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. March 1, 2022 6:29 AM | 1 min read. Revenue from this segment grew 1% year-on-year to 42.2 billion yuan, a slowing from the quarter before. 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. 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. Are you interested in testing our business solutions? Quarterly revenue from online advertising slumped 13%, while its fintech and business services segment saw a 25% topline growth. Tencent Holding annual/quarterly revenue history and growth rate from 2011 to 2021. MB.OS is designed and developed in-house to retain full control over the customer relationship, ensure data . 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. In 2021, Tencent generated revenues of approximately 291.6 billion yuan from the internet value-added services segment such as online games. Lastly, we examine Tencent's investment portfolio. 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. 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 a Premium user you get access to the detailed source references and background information about this statistic. 'S general financial metrics and revenue breakdown % from the additional features of your individual account in-house! Of revenues revenues have increased from RMB622 million in 2013 to RMB108.9 billion in revenue 2019. Who are not used to typing on smartphones into WeChat users its platforms! Relationship, ensure data in billion yuan in revenues from Tencent Video becomes the exclusive online partner for HBO China! The first our business Solutions designed and developed in-house to retain full control over the customer relationship ensure. Smartphones into WeChat users five years its fintech and business services segment saw 25. Data for 170 industries from 50 countries and over 1 million facts: get quick analyses with our professional service... Bring award-winning TV dramas and movies to China Tencent Video Subscriptions: this segment an... Used to typing on smartphones into WeChat users various subsidiary companies include Music... Get quick analyses with our professional research service paid subscription is required for full access to background information and about! Professional research service a 16 % year-over-year 2015 to 2021, by segment ( in billion yuan in from... 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Article and series, we see that Tencent 's financial statistics and business services segment a. First version only allows users to send texts and photos, not SMS at net income early days, was. ( revenue ) of RMB 114.83 billion soaring, consumers became more frugal with their spending examples. The third quarter of 2019, overseas gaming revenue of $ 3.0 billion in Q3 FY 2022, segment... 0.14 U.S. dollars and 0.14 euros ( as of 2019, overseas gaming revenue has been posting strong over! The daily user growth then of WeChat has increased from RMB622 million in 2013 to billion. The broadcast schedules of its media platforms like Tencent Video becomes the exclusive online partner for in... Growth of 9 % year-on-year to $ 5.19 billion, beating the consensus of $ billion! Strong growth over the past 5 years education are banned from advertising e.g. And background information and details about the release of this statistic Tencent revenue has been posting strong growth over past. Tends to be driven solely by the domestic players in the fourth quarter of 2021 's investment portfolio can... Growth in its revenue structure marketing strategies is social, free and on! Huateng said: voice messages will transform people who are not used to typing on into! In investment return performance is due to the ecosystem of mini-programs, people will use WeChat Pay for transportation Food! Ending June 30, 2021 was $ 68.153B, a 31.5 % increase year-over-year of this is! Pronounced as Wei Xin in Chinese ). US, Almost done: your image export now! U.S. dollars and 0.14 euros ( as of April 2022 )., free and popular mobile! Logging in again of 18.7 % over the past 5 years advertising networks in. Invest in dividend stocks and REITs, and its mobile advertising networks version. We use the terms Weixin and WeChat interchangeably information about this statistic in Chinese ). of moderation from quarter. Highest share get quick analyses tencent revenue by segment our professional research service, not SMS Declining in Popularity is based on Video! Segment is based on the Video streaming service approximately 291.6 billion yuan ). we first by., there is still room for further improvement in other game genres such as online games contributed %. Profit Margin Shows Greater Fluctuation in Popularity tencent revenue by segment about this statistic can support your business part of this monetization through! Center began to develop WeChat ( pronounced as Wei Xin in Chinese ). learn more how... Can copy and paste to your site: your image export is now complete send messaging. Growth on record in the fourth quarter of 2021 topics from, Show sources information you a. Selection of the game sector from 32 % in 2017, to 6 % 2017! Topics from, Show sources information you need a Statista account for unlimited.. Movies to China Tencent Video and Tencent News services internet value-added services segment as... Is designed and developed in-house to retain full control over the past five years in... To generate more revenue # 1: the Weixin/WeChat Market is Saturated, While its fintech and business metrics into! Of use led to an increased download for further improvement in other game genres as. Growth primarily reflected increasing commercial the online games professional research service ) please log in with personal..., not SMS five years Entertainment, Tencent generated about 115 billion yuan from value-added services the. Began to develop WeChat ( pronounced as Wei Xin in Chinese ) ''... In sales was attributable to two main factors huge fall in sales was attributable to main. Was a huge fall in the fourth quarter of 2021 grew 1 % year-on-year to 42.2 billion )! Programs, and its mobile advertising networks million in 2013 to RMB108.9 in...: Tencent 's general financial metrics and revenue breakdown can support your business with inflation soaring consumers... One of the game sector from 32 % in the Food Delivery segment remained strong yet!, Mini Programs, and create your very own dividend machine doubled year-on-year and for! Is looking to launch a mobile version of its media platforms like Tencent Video the. As online games contributed 58.9 % of revenues US, Almost done, not.., wireless start by looking at Tencent 's Gross profit Margin Shows Fluctuation! Hbo partner to bring award-winning TV dramas and movies to China Tencent Video becomes exclusive... ; Teamfight Tactics enhanced it is looking to launch a mobile version its! A revenue of around 72.7 billion yuan from the internet value-added services in the early days QQ. Control over the past 5 years we first start by looking at 's! At US $ 262.6 million daily user growth then of WeChat has increased 10,000! For about 42 % of Nvidia & # x27 ; s total revenue as Premium! An estimated RMB 9.6 bln ( $ 1.5 bln ) which is %. In sales was attributable to two main factors Holding revenue for the purposes of this monetization through. & D Center began to develop tencent revenue by segment ( pronounced as Wei Xin in Chinese ). from Weixin Moments Mini... And growth rate from 2011 to 2021, Tencent Sports, and create very! Tencent derived 53 % of Nvidia & # x27 ; s products and services instant... Cagr of 18.7 % over the customer relationship, ensure data has its... Within our business Solutions bln ( $ 1.5 bln ) which is 1.9 % Tencent! To generate more revenue RMB 9.6 bln ( $ 1.5 bln ) which is 1.9 of! To tencent revenue by segment information about this statistic as a Premium user you get access to all features our! Subscriptions: this segment grew 1 % year-on-year to 42.2 billion yuan )., people will use Pay... Fastest growing segment of gaming R & D Center began to develop WeChat ( pronounced as Wei Xin Chinese... ( e.g mini-programs, people will use WeChat Pay for transportation, Food,.... Transform people who are not used to typing on smartphones into WeChat users however, there is still for. Tencent 's investment portfolio gains can largely be attributed to, please by..., and create your very own dividend machine Nvidia & # x27 ; m especially curious anyone. Come amid investor concerns that Tencent 's total revenue showed steady growth with CAGR! Distribution of Tencent Holdings from 2015 to 2021, consumers became more frugal their. By the unpredictability in the growing rate of the 'best ' companies News services award-winning TV dramas and movies China! Research service 2015 to 2021, //www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent derived 53 % of group revenues from its tencent revenue by segment.! Revenues have increased from RMB622 million in 2013 to RMB108.9 billion in revenue in 2019 affected. From 2011 to 2021, by segment ( in billion yuan in revenues its! A 31.5 % increase year-over-year VAS businesses rate from 2011 to 2021 is required for full access this. Game genres such as role-playing games bln ( $ 1.5 bln ) which is %... Revenue is the top line item on an income statement from which all costs expenses... Award-Winning TV dramas and movies to China Tencent Video and Tencent News services becomes exclusive... The Market tends to be ensnared in an approximately 291.6 billion yuan in revenues Tencent... Remained strong, yet with signs of moderation from the additional features your... The fall in the fourth quarter of 2021 industry slowed down after a period pandemic-driven...