It further helps to keep you ahead of your business competitors. Mercedes-Benz today detailed its plans as the architect of its own operating system MB.OS, which will be introduced mid-decade with the new MMA platform (Mercedes Modular Architecture). Tencent's revenues related to the application mostly come from the domestic version (i.e. Rich functions and interesting gameplay make QQ one of the most popular social platforms for young users in China. Dividend). In 2019, it has over RMB900 billion in aggregated customer assets, an increase from over RMB300 billion in 2017. $931.9M. Merchants increase channels and sales, and users are more convenient. 2014.07.25 Please check your download folder. 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. 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. 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). Learn more about how Statista can support your business. statistic alerts) please log in with your personal account. In 2019, Tencent cemented its leadership posit)on in China and made significant progress in overseas business, which is largely due to PUBG Mobile, Call of Duty Mobile, Peacekeeper Elite, and League of Legends. reported fourth-quarter FY21 revenue growth of 9% year-on-year to $5.19 billion, beating the consensus of $5.09 billion. The League of Legends Global Finals and the Honor of Kings Professional League is also becoming one of the most-watched PC and smartphone export game events. Cloud Services. Access to this and all other statistics on 80,000 topics from, Show sources information Allen also mention We cannot expect people to write content every day, photograph and videos are the easiest forms of expression. According to the official introduction, the video number is a platform for everyone to record and create, as well as a window to understand others and the world. Over the same period, Tencent generated RMB578.8 billion in operating cash flow which signifies high quality of earnings. Currently, you are using a shared account. Register in seconds and access exclusive features. Over the past year or so, the Chinese regulators have been delaying approvals for various shows as part of an effort to ensure the propriety of programs that are being publicly broadcasted. Profit from the additional features of your individual account. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Tencent's annual revenue for 2021 was up 16% compared to the previous year, slowing from the 28% growth it recorded in 2020. The segment made up 22.9 percent of total revenues. "Revenue distribution of Tencent Holdings from 2015 to 2021, by segment." We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Profit. Access to this and all other statistics on 80,000 topics from, Show sources information Get full access to all features within our Business Solutions. to incorporate the statistic into your presentation at any time. May 23, 2022 The Chinese entertainment tycoonTencent reported a total revenue of 174.3 billion yuan from online games in 2021. 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. PDF. 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). We think this market is very close to saturated given China's total 1.4 billion population. * The revenue from smartphone games included the amount attributable to Tencent's social networks business. For the full year 2021, Tencent reported a 16% year-over-year. You need at least a Starter Account to use this feature. Tencents business model: How Tencent makes money. We dont make any recommendations on whether a security is a buy (or sell) as every investor has different investment goals and risk profiles. One of the main drawbacks the company has is its weak marketing strategies. short clips and livestreaming, see Part 1), and (3) increased revenue sharing and content costs. You can only download this statistic as a Premium user. Its online games Honour of Kings, PUBG Mobile, and. I help EdTech, FinTech and Technology companies break through growth stagnation by creating AI-first, data driven products, market expansion, and global strategic partnerships. It is social, free and popular on mobile -- the fastest growing segment of gaming. As a Premium user you get access to the detailed source references and background information about this statistic. The segment accounts for about 42% of Nvidia's total revenue.. As a Premium user you get access to background information and details about the release of this statistic. WeChat revenue model is to establish WeChat as the platform to bring merchants and consumers together to facilitate various transactions and extract service fees. 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 In contrast, the 2018 dip in investment return performance is due to the relatively large impairment provision for that year. To use individual functions (e.g., mark statistics as favourites, set Profit from the additional features of your individual account. 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. The results come amid investor concerns that Tencent will continued to be ensnared in an . 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. Co-founder Pony Ma and president Martin Lau Register in seconds and access exclusive features. Tencents business is very diversified. 16.5 million Class B ordinary shares of Huya Inc. for US$262.6 million, acquire 30 million Class B ordinary shares of Huya Inc. for US$ 810 million from JOYY. Gaming Advertisement Tencent. Show publisher information Register in seconds and access exclusive features. MOBA segment, League of Legends, and Honor of Kings are the 2 major hits for Tencent. The overview should not exceed half a page double-spaced. 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. In contrast, QQ's smart device MAU has been declining since 2018 from 699.8 million MAUs to 552.1 million in 2021 (Tencent does not report an MAU number for non-smart devices). As a Premium user you get access to the detailed source references and background information about this statistic. According to data presented by Safe Betting Sites, in October 2021, Tencent generated $513M in in-app purchases, the largest among mobile game . Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. Dividend Machines 2023 is open! Tencent achieved a 10-year CAGR of 40.7% and 33.6% in its group revenues and shareholders earnings respectively. Are you interested in testing our business solutions? 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. WeChat has 3.2 million mini programs on its platform, which transacted 1.6 trillion RMB in 2020. to incorporate the statistic into your presentation at any time. Get full access to all features within our Business Solutions. In January 2014, Tencent launched a wealth management platform, Licaitong. Chart. 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. 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). Do GDP and stock index ETFs actually grow in tandem? Tencent is the dominant name when it comes to gaming in China and is even reported as the world's largest video game vendor.The Chinese gaming giants also have a stranglehold in the mobile gaming segment, generating large amounts of revenue. WeBank. 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. Please do not hesitate to contact me. As soon as this statistic is updated, you will immediately be notified via e-mail. You can only download this statistic as a Premium user. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. As of 23 November 2020, Tencents market capitalisation stood at HK$5.6 trillion. to incorporate the statistic into your presentation at any time. This voice messaging feature was only added much later in Whatsapp in August 2013. Get full access to all features within 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. Of the 236 million paid subscriptions in 2021, 124 million were Tencent Video subscriptions, 76 million were Tencent Music subscriptions, while the remaining 36 million were subscriptions across Tencent's various other media platforms (see Part 1). Unfortunately, Tencent does not provide a breakdown of the FinTech and Business Services segment to distinguish between revenue contribution from the company's digital payment business and cloud computing related businesses. Please create an employee account to be able to mark statistics as favorites. In 2013, Tencent launched Tencent Cloud. The launch date is still unknown and it will take a while for merchants to adopt the new digital currency if launched. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. This statistic shows the revenue distribution of Tencent from the fiscal year 2015 to 2021, by segment. The Chinese tech giant Tencent continues to generate more revenue. 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. 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. Learn more about how Statista can support your business. Lastly, we examine Tencent's investment portfolio. Order the complete Tencent SWOT & PESTLE report or view the free sample complete report on our site now! As a Premium user you get access to background information and details about the release of this statistic. Accessed March 02, 2023. https://www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent. 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. Use tab to navigate through the menu items. It is only inflation, all other dependent on inflation. 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. Source: FactSet Tencent Holdings Dividend Calendar *Yield of. Please create an employee account to be able to mark statistics as favorites. This is contributed by growth in live broadcast and video streaming services during the period. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Use Ask Statista Research Service. It was supported by higher revenue earned from Weixin Moments, Mini Programs, and its mobile advertising networks. 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. ) 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. This statistic is not included in your account. Let us take a look at Tencent key competitor by segmentif(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[300,600],'investpit_com-large-leaderboard-2','ezslot_6',122,'0','0'])};__ez_fad_position('div-gpt-ad-investpit_com-large-leaderboard-2-0'); WeChat Pays main competitor in the payment transaction segment is AliPay from Alibaba and UnionPay Commercial. Hope this helps! Nice to finally get a bit of clarity into how the mysterious 'others' revenue segment is broken down. In the China Quarterly Payment Integrated Payment Market Quarterly Monitoring Report Q4 2019 report released by Yiguan shows that the total transaction size of the transactions of Chinas third-party payment institutions in the fourth quarter of 2019 reached 66,461.33 billion yuan, an increase of 5.74% from the previous quarter. Tencent just repurchased shares, a rarity for the company Finally, an announcement Thursday and Friday might have slipped under the noses of investors. Revenue distribution of Tencent Holdings from 2015 to 2021, by segment [Graph]. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. This makes it Tencents fastest growing segment for the six-year period. Assets. interchangeably. Some of the monetizations include an advertisement from merchants and also consumer spending on in-app purchases. Get full access to all features within our Business Solutions. Tencent Holding revenue for the twelve months ending June 30, 2021 was $68.153B, a 31.5% increase year-over-year. Almost done! This was due to continuous growth achieved in its VAS, fintech, and online advertising services during the period. Are you interested in testing our business solutions? 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, the biggest gaming company in the world has released it's Q4 2019 and the year's full earnings report. Show publisher information Register in seconds and access exclusive features its weak marketing strategies merchants and consumers to! Pubg mobile, and net income have also been increasing steadily over the past years... To the application mostly come from the additional features of your business Tencent 's social networks business the platform bring., all other dependent on inflation about the release of this statistic as a user... Helps to keep you ahead of your individual account 50 countries and over 1 million facts: get analyses... 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