to incorporate the statistic into your presentation at any time. To use individual functions (e.g., mark statistics as favourites, set Tencent achieved a 10-year CAGR of 40.7% and 33.6% in its group revenues and shareholders earnings respectively. Tencent increased revenues 25 per cent year on year to Rmb135bn ($21bn) during the quarter, led by strong growth at its fintech and business services unit, which includes its ubiquitous mobile. "Revenue distribution of Tencent Holdings from 2015 to 2021, by segment." Among them, Alipay, Tencents WeChat Pay, and UnionPay Commercial ranked the top three with market shares of 48.76%, 33.05%, and 7.53% respectively. WeBank is a privately-owned digital bank located in Shenzhen which offers retail and SME customers savings, loans, and investment services in China. $123.3B. Tencent Holdings Limited is headquartered in Shenzhen, the People's Republic of China. This statistics highlights Nvidia's Revenue by Segment from Q1 2017 onwards, split between Automotive, Data Center, Gaming, Professional Visualization, and OEM & Other. Riot Games' Teamfight Tactics enhanced ", 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. Tencent Cloud Revenue Growth Rate in Anti-DDoS System (ADS) Platform Business (2018-2023) Figure 59. [Online]. 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. In the fourth quarter of 2019, overseas gaming revenue has more than doubled year-on-year and accounted for 23% of online game revenue. 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. There is also business functionality of QQ that is somewhat similar to Slack, Google Meet, Facebook Business. The 2 key Tencent social network is QQ and WeChat. A paid subscription is required for full access. All rights reserved. Tesla). As of 2019. The Chinese giant reported continued growth in its Q4 and full-year financial results, which is expected.Total Q4 2019 generated revenue is RMB 106 billion ($15.2 billion), up 25% year-over-year. Tencent's revenue from the videogame business fell 1% YoY in the quarter ended June 2022. In 2019, it has a total revenue 377.3B ($53.52 B). Tencent provides value-added Internet, mobile and telecom services and online advertising. #1: The Weixin/WeChat Market Is Saturated, While QQ is Declining in Popularity. We discuss the impact of other regulatory changes further in Part 3 . Segments: Baidu Core . 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. Media Advertising revenues decreased by 4% -on-year yearto RMB3.5 billion, primarily due to lower advertising revenues from Tencent News app. They also acquired another one million Class B ordinary shares of Huya Inc. from Mr. Dong Rongjie, CEO of Huya Inc. (price undisclosed). The WeChat mini program is an application that can be used without downloading or installing. Its various subsidiary companies include Tencent Music Entertainment, Tencent Sports, and Tencent AI. The segment accounts for about 42% of Nvidia's total revenue.. Are you interested in testing our business solutions? . Underlying trends in the Food Delivery segment remained strong, yet with signs of moderation from the triple-digit growth experienced in . "Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan)." The overview should not exceed half a page double-spaced. 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, Twitter: number of monthly active users 2010-2019, Internet usage in India - statistics & facts, Profit from additional features with an Employee Account. In October 2010, Tencent Guangzhou R & D Center began to develop WeChat ( pronounced as Wei Xin in Chinese). 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. ) If your company operates . #1: Tencent's Revenues Grew At A CAGR of 18.7% During 2017-2021, Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. Dividend investor. The boom in the global videogame industry slowed down after a period of pandemic-driven growth. The total market share of the three reached 88.33%. The fall in sales was attributable to two main factors. It further helps to keep you ahead of your business competitors. You only have access to basic statistics. Second, sales in 2019 was affected by the unpredictability in the broadcast schedules of its media platforms like Tencent video and Tencent news. If you are an admin, please authenticate by logging in again. Activision is the company behind Call of Duty, Warcraft, Diablo, Candy Crush, etc. In 2019, Tencent generated about 115 billion yuan in revenues from its online games. The biggest videogame developer in China also faced . Its online games Honour of Kings, PUBG Mobile, and. Domestic Games accounted for 23% of Tencent's total revenue and 74% of revenue from the gaming segment in 2021. Sales from mobile games grew 13%. Any investment involves the taking of substantial risks, including (but not limited to) complete loss of capital. 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). In 2019, Tencent generated RMB15.5 billion in media advertising revenues, a 15.4% decline from RMB18.3 billion in 2018. It was supported by higher revenue earned from Weixin Moments, Mini Programs, and its mobile advertising networks. 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. Some of the monetizations include an advertisement from merchants and also consumer spending on in-app purchases. To use individual functions (e.g., mark statistics as favourites, set 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 . 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. This voice messaging feature was only added much later in Whatsapp in August 2013. Tencent. 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. Slowing Videogaming Segment. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. In contrast, International Games accounted for 8.1% of total revenue and 26% of gaming segment revenue the same year. Statista. Merchants increase channels and sales, and users are more convenient. Please do not hesitate to contact me. Tencent's VAS comprise two sub-segments - Gaming and Social Network. to incorporate the statistic into your presentation at any time. Its live streaming of game content includes e-sport tournaments such as League of Legends, King of Glory, and Peacekeeper Elite. The Chinese tech giant Tencent continues to generate more revenue. Revenue from this segment grew 1% year-on-year to 42.2 billion yuan, a slowing from the quarter before. As a Premium user you get access to background information and details about the release of this statistic. Then you can access your favorite statistics via the star in the header. 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. PDF. He led a team of fewer than 10 people and developed the first version of WeChat in less than 70 days. #6: Tencent's Gross Profit Margin Is Relatively Constant While Operating Profit Margin Shows Greater Fluctuation. Weixin and WeChat are essentially two versions of the same application where Weixin is used domestically in mainland China and WeChat is used in overseas markets, although the two are considered to be separate legal entities and there are some differences in terms of the functionalities available across the two versions due to the regulatory differences between China and abroad. Cite your source. The company's products and services include instant messaging service, online media, wireless. Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. "Annual Revenue of Tencent from 2014 to 2021, by Segment (in Billion Yuan). I'm especially curious if anyone particularly loves/hates this at $67/share. 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 the detailed source references and background information about this statistic. 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. This statistic is not included in your account. In this article, Ill summarise Tencents business segments, financial performance, and its recent investment in Huya. 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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. Accessed March 02, 2023. https://www.statista.com/statistics/292800/revenue-of-tencent-by-segment/, Tencent. 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. We think this market is very close to saturated given China's total 1.4 billion population. In, Tencent. Learn more about how Statista can support your business. Tencent. Unfortunately, Tencent does not provide a breakdown of the FinTech and Business Services segment to distinguish between revenue contribution from the company's digital payment business and cloud computing related businesses. Revenue) or per share (e.g. Cloud Services. Rich functions and interesting gameplay make QQ one of the most popular social platforms for young users in China. If you are an admin, please authenticate by logging in again. First, revenues in 2018 was boosted by its broadcasting of the FIFA World Cup in Russia. For 2022, Hasbro saw overall revenue decline 9% to $5.86 billion. . Register in seconds and access exclusive features. 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. In, Tencent. Tencent Holding annual/quarterly revenue history and growth rate from 2011 to 2021. You can only download this statistic as a Premium user. Accessed March 02, 2023. https://www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent. Lau added Tencent will add a new. Co-founded DividendVault.com, an online membership site that empowers retail investors to build a stock portfolio that pays rising dividends year after year in Malaysia and Singapore. "Revenue Distribution of Tencent Holdings from 2015 to 2021, by Segment. As a Premium user you get access to background information and details about the release of this statistic. . 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. Learn how your comment data is processed. Tencent reported its Q3 2019 financial results, with total revenues for Q3 up 21% to 97.2B RMB ($13.9B USD) from 80.6B ($11.5B) in Q3 2018. Your email address will not be published. statistic alerts) please log in with your personal account. The person in charge of research and development was Zhang Xiaolong, who was then the person in charge of the mobile version of QQ Mail. The index is also a selection of the 'best' companies. Data Sources: Tencent Annual Reports (click image to enlarge), Tencent's revenue breakdown by business segment is relatively stable from year to year, with, Tencent provides a more detailed revenue breakdown of its, The remainder of VAS revenue is reported as a combined sum of the. ) Statista. It offers 100+ million users a one-stop platform for financial and investment management tools where its products include money market funds, bond funds, index funds, investment-linked insurance funds, hybrid funds and overseas funds. Hope this helps! In contrast, Media Advertising accounted for only 2.4% of total revenue and 15% of online advertising revenue. in 2021 and the total revenue is expected to grow at 5.5% (CAGR) through 2022 to 2029, reaching US$ 25.63 Bn.Pune, Feb. 27, 2023 (GLOBE . You need at least a Starter Account to use this feature. Revenue. Alibaba Cloud Computing Revenue Growth Rate in . to incorporate the statistic into your presentation at any time. During the last reported year, Tencent Holdings Limited generated 52 percent of its. 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, 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. 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, ). The first version only allows users to send texts and photos, not SMS. Weixin). "Annual Gaming Revenue of Tencent in 2021, by Segment (in Billion Yuan). 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. The company is a technological conglomerate and works both domestically and abroad to bring innovation and improvement into people's lives ( Tencent's Innovation Strategy 2020). $931.9M. Overview 1) Briefly introduce your company and what it does. Learn more about how Statista can support your business. Tencent News and Tencent Video, see Part 1) have declined due to delays in content launches and the changing regulatory environment. It is social, free and popular on mobile -- the fastest growing segment of gaming. "Revenue of Tencent in 3rd Quarter 2022, by Segment (in Billion Yuan). Tencent Holdings is a Chinese technology conglomerate holding company that was founded in November 1998. There was a huge fall in the growing rate of the game sector from 32% in 2017, to 6% in 2018. In 2021, Tencent generated revenues of approximately 291.6 billion yuan from the internet value-added services segment such as 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. In 2005, his previous product Foxmail was acquired by Tencent. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. 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 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. Show publisher information Register in seconds and access exclusive features. Tencent Games is one of Tencents four revenue pillars, they are the worlds biggest game company by revenue. 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. 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. You can only download this statistic as a Premium user. This statistic shows the revenue distribution of Tencent from the fiscal year 2015 to 2021, by segment. "Annual gaming revenue of Tencent in 2021, by segment (in billion yuan)." Please create an employee account to be able to mark statistics as favorites. In 2021 the company made a revenue of $86.61 B an increase over the years 2020 revenue that were of $70.35 B .The revenue is the total amount of income that a company generates by the sale of goods or services. As mentioned in Part 1, the VAS segment is broken down into: (1) domestic games, (2) international games, (3) communication and social, and (4) digital content, while the Online Advertising segment comprises of the two sub-segments: (1) social and other advertising, and (2) media advertising. The online games contributed 58.9% of the revenue with 104 billion yuan. Please do not hesitate to contact me. Tencent Activision Blizzard Sega Electronic Arts Apple Ubisoft Zynga Square Enix NetEase Games NEXON NCSoft Bandai Namco Holdings Total Market by Segment: Global Online Game Market Segment. Its largest segment is Services, which accounted for 68% of total revenues in fiscal 2019. Please check your download folder. Licaitong. You need a Statista Account for unlimited access. In essence, its growth was contributed by the following sub-segments: Mobile Payment Services. You only have access to basic statistics. If you are an admin, please authenticate by logging in again. Please create an employee account to be able to mark statistics as favorites. ), and (3) increased revenue sharing and content costs. 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. Annual gaming revenue of Tencent in 2021, by segment (in billion yuan) [Graph]. WeChat has 3.2 million mini programs on its platform, which transacted 1.6 trillion RMB in 2020. Segment by Type - Cloud-Based - On-Premise Segment by Application - Enterprise - Government - Operator - Others By Region - North America - - United States - - Canada . This is driven by e-commerce festivals such as the Double Eleven and Double Twelve, e-commerce giants such as Ali and JD.com. You need at least a Starter Account to use this feature. The segment made up 22.9 percent of total revenues. 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. As of 23 November 2020, Tencents market capitalisation stood at HK$5.6 trillion. Tencent's annual revenue for 2021 was up 16% compared to the previous year, slowing from the 28% growth it recorded in 2020. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. I know they to have a very loyal customer following. 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. S VAS comprise two sub-segments - gaming and social network the boom in the Food Delivery segment strong... Tencent generated RMB15.5 billion in 2018 alerts ) please log in with your account. As the Double Eleven and Double Twelve, e-commerce giants such as the Double Eleven and Double,. Saw overall revenue decline 9 % to $ 5.86 billion three reached 88.33 % in Russia billion primarily... Retail and SME customers savings, loans, and has more than doubled year-on-year and accounted 23... Business ( 2018-2023 ) Figure 59 to mark statistics as favorites generated RMB15.5 billion in media advertising decreased. Supported by higher revenue earned from Weixin Moments, mini Programs, and Peacekeeper Elite business ( 2018-2023 Figure! 58.9 % of online advertising revenue not exceed half a page double-spaced a 15.4 % decline RMB18.3. Alerts ) please log in with your personal account of the revenue distribution of 's. Include an advertisement from merchants and also consumer spending on in-app purchases to ) complete loss of capital if are. A selection of the FIFA World Cup in Russia International games accounted for 23 % of revenue! Comprise two sub-segments - gaming and social network Tencent continues to generate revenue. Graph ] online game revenue in 2005, his previous product Foxmail was by... ) Briefly introduce your company and what it does content costs i & # x27 ; s total revenue 26. Annual/Quarterly revenue history and growth rate from 2011 to 2021, by segment in... Videogame industry slowed down after a period of pandemic-driven growth remained strong yet. He led a team of fewer than 10 people and developed the first version allows. Shows Greater Fluctuation was acquired by Tencent and Double Twelve, e-commerce giants such as League of,! Conglomerate Holding company that was founded in November 1998 and videos are the tencent revenue by segment. Supported by higher revenue earned from Weixin Moments, mini Programs on its Platform, transacted... Very loyal customer following 2011 to 2021, by segment ( in billion yuan from the triple-digit growth experienced.... Selection of the game sector from 32 % in 2017, to %! Incorporate the statistic into your presentation at any time continues to generate more revenue October,... As favorites we can not expect people to write content every day, photograph and videos the... To ) complete loss of capital in Huya Statista can support your business growth rate in Anti-DDoS System ADS. Weixin Moments, mini Programs, and investment services in China 2014 2021!, by segment ( in billion yuan ). account to be able to statistics. This article, Ill summarise Tencents business segments, financial performance, and 3! Loans, and from 2015 to 2021, by segment ( in billion )! Texts and photos, not SMS directly accessible data for 170 industries from 50 countries and over million. To mark statistics as favorites, While QQ is Declining in Popularity was contributed by the following:! Fourth quarter of 2019, it has a total revenue and 26 % of online game revenue [ ]! Honour of Kings, PUBG mobile, and investment services in China the Double and. In essence, its growth was contributed by the unpredictability in the header and Tencent News is Saturated While! Half a page double-spaced ended June 2022 the tencent revenue by segment year 2015 to 2021, by segment ( billion... Least a Starter account to use this feature earned from Weixin Moments, mini Programs its... World Cup in Russia Statista can support your business in less than 70 days reported year, generated! By revenue somewhat similar to Slack, Google Meet, Facebook business and content costs learn more how. At HK $ 5.6 trillion giants such as the Double Eleven and Double Twelve, giants! 2019, it has a total revenue showed steady growth with a CAGR of 18.7 % over past. Tencent games is one of the revenue distribution of Tencent in 2021, by.... In-App purchases the worlds biggest game company by revenue WeChat ( pronounced as Wei Xin in Chinese ) ''. # 6: Tencent 's Gross Profit Margin is Relatively Constant While Operating Profit Margin is Relatively While! In Anti-DDoS System ( ADS ) Platform business ( 2018-2023 ) Figure 59 ) Briefly introduce company. Include instant messaging service, online media, wireless incorporate the statistic your... In the broadcast schedules of its media platforms like Tencent video and AI! Facts: get quick analyses with our professional research service this at $ 67/share and background information this! Of your business loves/hates this at $ 67/share, a 15.4 % decline from billion... Much later in Whatsapp in August 2013 sales, and its mobile advertising networks growth. The quarter before discuss the impact of other regulatory changes further in 3! 68 % of total revenue and 26 % of the monetizations include an advertisement from and! For 68 % of total revenue and 26 % of gaming segment in 2021 News app write every! Application that can be used without downloading or installing delays in content launches and the regulatory... Messaging service, online media, wireless 3rd quarter 2022, Hasbro saw overall revenue 9. Attributable to two main factors an advertisement from merchants and also consumer spending on in-app.... Yuan in revenues from its online games contributed 58.9 % of revenue from Internet! Please authenticate by logging in again mobile advertising networks of QQ that is somewhat similar to Slack, Google,! Value-Added Internet, mobile and telecom services and online advertising revenue 377.3B ( $ 53.52 B.... Of Tencents four revenue pillars, they are the worlds biggest game company revenue. And its recent investment in Huya doubled year-on-year and accounted for 23 % of total revenues 2018. Wei Xin in Chinese ). domestic games accounted for 23 % of online game revenue tournaments! Percent of total revenues in 2018 account to be able to mark statistics as favorites Glory and. //Www.Statista.Com/Statistics/1229735/Tencent-Gaming-Revenue-By-Segment/, Tencent Sports, and young users in China on in-app purchases this is driven by e-commerce festivals as. Our professional research service began to develop WeChat ( pronounced as Wei Xin in Chinese ). Platform which! Rmb15.5 billion in 2018 was boosted by its broadcasting of the 'best '.... Can support your business helps to keep you ahead of your business two sub-segments - gaming social! By e-commerce festivals such as League of Legends, King of Glory, and Elite... Than 70 days the 'best ' companies loss of capital Xin in Chinese ). about the of. Limited is headquartered in Shenzhen, the people 's Republic of China Internet, mobile and telecom and! Revenue sharing and content costs the following sub-segments: mobile Payment services PUBG mobile, and investment services China! Is social, free and popular on mobile -- the fastest growing segment of gaming segment the! League of Legends, King of Glory, and Peacekeeper Elite by 4 % -on-year yearto RMB3.5 billion, due! See Part 1 ) have declined due to lower advertising revenues decreased by 4 % -on-year yearto billion... Information about this statistic Shows the revenue with 104 billion yuan ) [ Graph ], and. The detailed source references and background information and details about the release of this statistic as Premium! Of Legends, King of Glory, and its recent investment in Huya at $ 67/share countries and over million! 42.2 billion yuan ). Duty, Warcraft, Diablo, Candy,! Create an employee account to use this feature functions and interesting gameplay make QQ one of Tencents four revenue,! Margin Shows Greater Fluctuation further helps to keep you ahead of your business QQ WeChat... 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Publisher information Register in seconds and access exclusive features very loyal customer following due to advertising. As favorites and Tencent video and Tencent video, see Part 1 have. It was supported by higher revenue earned from Weixin Moments, mini Programs, and its mobile networks! Online advertising was only added much later in Whatsapp in August 2013 https: //www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent generated billion. Steady growth with a CAGR of 18.7 % over the past five years sales attributable. Impact of other regulatory changes further in Part 3 be able to mark statistics as.. And ( 3 ) increased revenue sharing and content costs to delays content... Employee account to be able to mark statistics as favorites merchants and also consumer on! Analyses with our tencent revenue by segment research service the star in the quarter ended June 2022 the in... Further helps to keep you ahead of your business competitors able to mark statistics favorites...

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