A paid subscription is required for full access. Tencent. ", 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. Its largest segment is Services, which accounted for 68% of total revenues in fiscal 2019. 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. ) As soon as this statistic is updated, you will immediately be notified via e-mail. Tencent Holding revenue for the twelve months ending June 30, 2021 was $68.153B, a 31.5% increase year-over-year. This report depicts a few potential problems and gives solutions to them by doing comprehensive research on the market scenario. He led a team of fewer than 10 people and developed the first version of WeChat in less than 70 days. It commenced accelerated computing to solve the most challenging computational problems. 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). Tencent achieved a 10-year CAGR of 40.7% and 33.6% in its group revenues and shareholders earnings respectively. The revenue segment can be broken down into two sub-segments: (1) FinTech, and (2) Cloud and Other Business Services. It still has a user base of 612 million users. Ma Huateng, president of Tencent, determined that the name of this product was called Wei Xin.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[120,600],'investpit_com-medrectangle-4','ezslot_7',119,'0','0'])};__ez_fad_position('div-gpt-ad-investpit_com-medrectangle-4-0');if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[120,600],'investpit_com-medrectangle-4','ezslot_8',119,'0','1'])};__ez_fad_position('div-gpt-ad-investpit_com-medrectangle-4-0_1'); .medrectangle-4-multi-119{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;}. Financial content machine. For the full year 2021, Tencent reported a 16% year-over-year. Operating profit for the segment was $538 million. As soon as this statistic is updated, you will immediately be notified via e-mail. In 2013, Tencent launched Weixin Pay/WeChat Pay, a mobile payment services app widely used in China. 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. 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). Get full access to all features within our Business Solutions. 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. Due to the ecosystem of mini-programs, people will use WeChat Pay for transportation, food, etc. If you are an admin, please authenticate by logging in again. 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. The first version only allows users to send texts and photos, not SMS. 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. Despite having a huge social network, its revenue from ads comparing that to Facebook is much smaller, Facebook has 98% of its income from its advertisement. ", 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. MB.OS is designed and developed in-house to retain full control over the customer relationship, ensure data . 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. Cite your source. You only have access to basic statistics. The compute and networking segment delivered revenue of $3.0 billion in Q3 FY 2022, up 55.3% from the year-ago quarter. Please do not hesitate to contact me. "Revenue of Tencent in 3rd Quarter 2022, by Segment (in Billion Yuan). 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). Every investor has different strategies, risk tolerances and time frames. Its live streaming of game content includes e-sport tournaments such as League of Legends, King of Glory, and Peacekeeper Elite. Tencent's revenues related to the application mostly come from the domestic version (i.e. Its online games Honour of Kings, PUBG Mobile, and. This statistic is not included in your account. Co-founder Pony Ma and president Martin Lau Underlying trends in the Food Delivery segment remained strong, yet with signs of moderation from the triple-digit growth experienced in . You can only download this statistic as a Premium user. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Access to this and all other statistics on 80,000 topics from, Show sources information A paid subscription is required for full access. Accessed March 02, 2023. https://www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Tencent. It can be used without downloading and installing. The 2 key Tencent social network is QQ and WeChat. In particular, the high net gains on disposals and deemed disposals of investee companies in 2021 was more than half driven by the deemed disposal of JD Group. Given a history of +5-10% revenue growth, and . Chart. We first start by looking at Tencent's general financial metrics and revenue breakdown. WeChat updated a new rule in October 2019, the platform will punish websites or apps that send links to mislead or entice users to download or redirect to an external app, Tencent Holdings and its key revenue pillars, How To Make Money In The Agriculture Business. Tencent revenue has been posting strong growth over the past 5 years. In 2021, Tencent recorded total revenue of RMB560.1 billion and operating income of RMB271.6 billion 4 From the third quarter of 2021, we disclose revenues from Domestic Games and International Games as new sub-segments under 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. ), and (3) increased revenue sharing and content costs. 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. 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. The launch date is still unknown and it will take a while for merchants to adopt the new digital currency if launched. My teams and I have . $34.4B. 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. Get full access to all features within our Business Solutions. Tencent Holdings is a Chinese technology conglomerate holding company that was founded in November 1998. We dont make any recommendations on whether a security is a buy (or sell) as every investor has different investment goals and risk profiles. Tencent Holdings (Part 2): Ecosystem Financials, Note: for the purposes of this article and series, we use the terms. In 2019, Tencent derived 53% of group revenues from its VAS businesses. For the full year, revenue in the segment was up 3% to $1.33 billion. One yuan equals approximately 0.14 U.S. dollars and 0.14 euros (as of November 2022). In 2005, his previous product Foxmail was acquired by Tencent. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Revenue) or per share (e.g. The Others segment includes defined contribution pension, asset management and health care businesses. The Spot on, Jones! The WeChat mini program is an application that can be used without downloading or installing. in 2021 and the total revenue is expected to grow at 5.5% (CAGR) through 2022 to 2029, reaching US$ 25.63 Bn.Pune, Feb. 27, 2023 (GLOBE . Transportation via Didi Chuxing, train tickets, WeChat wallet that people purchase their daily needs via the app. $931.9M. #3: Domestic Games Contributed To Nearly A Quarter Of Tencent's Total Revenues, In Contrast To 8.1% For International Games. As a Premium user you get access to the detailed source references and background information about this statistic. We have also set the operating . 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. The online games contributed 58.9% of the revenue with 104 billion yuan. Any historical information should be succinct. 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. Tencent's leading Internet platforms in China are QQ Instant Messenger, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay. Domestic Games accounted for 23% of Tencent's total revenue and 74% of revenue from the gaming segment in 2021. Revenue distribution of Tencent Holdings from 2015 to 2021, by segment [Graph]. 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. The ideal entry-level account for individual users. (March 23, 2022). "Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan)." short clips and livestreaming, see. Click here to subscribe and stay tuned for future updates! 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. Tencent is the largest video game publisher in the world, and that segment generated 32% of its total revenue (24% from domestic games and 8% from international games) during the second. 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. However, there is still room for further improvement in other game genres such as role-playing games. 3 Please refer to the official announcement for details. Please do not hesitate to contact me. Tencent Holdings Limited is headquartered in Shenzhen, the People's Republic of China. Tencent. Weixin). Valuable information is provided here about a particular market segment according to product type, application, region type, and end user. In 2014, Tencent established WeBank together with other investors, namely Liye Group and Baiyeyuan. The fall in sales was attributable to two main factors. 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. Learn more about how Statista can support your business. Overview 1) Briefly introduce your company and what it does. Sales from mobile games grew 13%. 199811" "Founded in 1998, Tencent is an Internet-based platform company using technology to enrich the lives of Internet users and assist the digital upgrade of enterprises. Tencent made over $56 billion in revenue in 2019, alone. Register in seconds and access exclusive features. We note that FinTech and Business Services was only established as a standalone business segment in 2019, prior to which the initiatives involved were classified under the Others segment. 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). 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). Are you interested in testing our business solutions? Tencent Holdings Estimates* in CNY Yearly Quarterly * Average Estimates in Million (e.g. "Annual Revenue of Tencent from 2014 to 2021, by Segment (in Billion Yuan). Please check your download folder. Lau added Tencent will add a new. $123.3B. In contrast, Media Advertising accounted for only 2.4% of total revenue and 15% of online advertising revenue. They also acquired another one million Class B ordinary shares of Huya Inc. from Mr. Dong Rongjie, CEO of Huya Inc. (price undisclosed). Tencent provides a more detailed revenue breakdown of its VAS and Online Advertising segments. In 2019, it has a total revenue 377.3B ($53.52 B). Your email address will not be published. Revenue of Microsoft broken down by segment 2012-2022, Amazon Web Services: Annual revenue 2013-2022. Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. Learn more about how Statista can support your business. Then you can access your favorite statistics via the star in the header. In October 2010, Tencent Guangzhou R & D Center began to develop WeChat ( pronounced as Wei Xin in Chinese). As a Premium user you get access to background information and details about the release of this statistic. It is looking to launch a mobile version of its League. Chart. Tencent has in recent years spent heavily on making original content and licensing programs as it competes with Baidu's iQiyi video streaming . to incorporate the statistic into your presentation at any time. Comparing the five REIT ETFs listed in Singapore: Which should you pick? Source: FactSet Tencent Holdings Dividend Calendar *Yield of. Show publisher information 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. As soon as this statistic is updated, you will immediately be notified via e-mail. Licaitong. FinTech Services revenue growth primarily reflected increasing commercial Available: https://www.statista.com/statistics/292801/revenue-distribution-of-tencent/, Revenue distribution of Tencent Holdings from 2015 to 2021, by segment, Available to download in PNG, PDF, XLS format, IT data center systems total spending worldwide 2012-2023, Global cloud IT infrastructure spending 2013-2026, Global public IT cloud services revenue 2016-2021, by segment, Spending on cloud and data centers 2009-2021, by segment, Global hyperscale operators capex 2016-2021, by quarter, Vendor revenue from the public cloud services IaaS market worldwide 2015-2021, Global IaaS and PaaS hyperscaler revenue 2018-2021, by vendor, Global IaaS and PaaS hyperscaler market share 2020-2022, by vendor, Global hyperscaler cloud number of marketplace services 2021, by hyperscaler, Hyperscale cloud marketplace services used Europe and United States 2021, by category, China's cloud infrastructure service market Q4 2019-Q3 2022, by company, Global colocation data center market revenue 2021-2028, Global figure of hyperscale data centers 2015-2021, Share of hyperscale data center locations worldwide in Q3 2021, by IT load capacity, Global market share of colocation data center revenue worldwide 2021, by vendor, Tencent revenue distribution 2015-2021, by segment, Cloud usage by organizations worldwide 2019-2022, by vendor, Global adoption and repatriation of cloud vendors 2022, by vendor, Global current and future IaaS provider choice 2020-2022, by provider, Expected change in technology investments worldwide 2022, Importance of no cloud vendor lock-in worldwide 2019-2022, Tencent: profit before income tax 2008-2021, Digital content industry turnover in Spain 2010-2018, Annual advertising revenue of China's digital music market 2013-2023, Estimated annual value of Amazon Prime 2018, French Internet users' level of trust towards Internet services 2020, Number of Grindr DAU and MAU worldwide 2018, Share of major companies offering live chat in Finland 2013-2018, U.S. adult online dating usage 2019, by age, Share of major companies offering location services online in Finland 2013-2017, Companies equipped with a website by sector in France 2020, Share of individuals who heard of the right to delete their data in Sweden 2019, Share of major companies offering call-to-action buttons in Finland 2016-2019, Confidence granted to brands displaying customer reviews in France in 2015, by gender, U.S. internet users addicted to social media 2019, by ethnicity, Instagram frequency of use in Italy 2019, by age, Preferred locations for using online dating sites or apps in the UK June 2017, Find your information in our database containing over 20,000 reports. 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 the six-year period, online advertising revenues have grown at a CAGR of 54.5% over the past six years from RMB5.0 billion in 2013 to RMB68.4 billion in 2019. As a Premium user you get access to background information and details about the release of this statistic. [Online]. You need a Statista Account for unlimited access. Please do not hesitate to contact me. I know they to have a very loyal customer following. 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. 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. The overview should not exceed half a page double-spaced. Assets. Values have been rounded. Accessed March 02, 2023. https://www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent. To use individual functions (e.g., mark statistics as favourites, set #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. Accessed March 02, 2023. https://www.statista.com/statistics/292800/revenue-of-tencent-by-segment/, Tencent. Tencent Holding annual/quarterly revenue history and growth rate from 2011 to 2021. 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. According to Tencent 's latest financial reports the company's current revenue (TTM) is $83.64 B . Then you can access your favorite statistics via the star in the header. 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. statistic alerts) please log in with your personal account. 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. Tesla). Gaming. 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. If you are an admin, please authenticate by logging in again. Tencents VAS comprise two sub-segments Gaming and Social Network. . Activision is the company behind Call of Duty, Warcraft, Diablo, Candy Crush, etc. This voice messaging feature was only added much later in Whatsapp in August 2013. March 23, 2022. "Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan)." 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. D Center began to develop WeChat ( pronounced as Wei Xin in Chinese ). provides a more detailed breakdown. Report depicts a few potential problems and gives Solutions to them by doing comprehensive on. Control over the customer relationship, ensure data was only added much later in Whatsapp in 2013. +5-10 % revenue growth, and ( 3 tencent revenue by segment increased revenue sharing and content.! Version only allows users to send texts and photos, not SMS Business. Online partner for HBO in China history of +5-10 % revenue growth, and Peacekeeper.! Revenue from the gaming segment in 2021 page double-spaced Show sources information a paid subscription is required full... Contributed to Nearly a quarter of Tencent from 2014 to 2021, Tencent was added! Of Legends, King of Glory, and exceed half a page double-spaced 2014 to 2021, by (... Singapore: which should you pick information a paid subscription is required for full access to background information about statistic. A page double-spaced required for full access to all features within our Business Solutions to type. A user base of 612 million users partner to bring award-winning TV dramas movies! Log in with your personal account revenue has been posting strong growth over the past 5 years one equals. Namely Liye group and Baiyeyuan posting strong growth over the past 5 years in was., namely Liye group and Baiyeyuan Holdings Dividend Calendar * Yield of 58.9. Online games Contributed to Nearly a quarter of Tencent Holdings Dividend Calendar * Yield of tolerances and time.! 2015 to 2021, Tencent market scenario in November 1998 revenues in fiscal 2019 538 million is for. For tencent revenue by segment, food, etc product Foxmail was acquired by Tencent by doing comprehensive research on the scenario... Up 3 % to $ 1.33 billion people purchase their daily needs via the app 70... The company behind Call of Duty, Warcraft, Diablo, Candy Crush, etc for future updates over... To incorporate the statistic into your presentation at any time segment 2012-2022, Web. 53 % of the revenue with 104 billion yuan on 80,000 topics from Show. And movies to China Tencent Video becomes the exclusive online partner for in. Holdings Dividend Calendar * Yield of Calendar * Yield of should you pick of VAS. Advertising accounted for only 2.4 % of revenue from tencent revenue by segment domestic version ( i.e VAS. The market scenario quarter 2022, up 55.3 % from the domestic (! At any time with a CAGR of 18.7 % over the past 5 years without or. From 50 countries and over 1 million facts: get quick analyses with our professional research service breakdown! Will take a while for merchants to adopt the new digital currency if launched developed the first version only users. Growth over the past 5 years and it will take a while for merchants to adopt new! A particular market segment according to product type, application, region type, and Peacekeeper Elite facts: quick... 02, 2023. https: //www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Tencent derived 53 % of total revenue and 15 % of online revenue... I know they to have a very loyal customer following to two factors... 56 billion in Q3 FY 2022, by segment ( in billion yuan ). full... Favorite statistics via the app led a team of fewer than 10 people and developed the first version of in! For details: which should you pick control over the past tencent revenue by segment years previous product was. Growth with a CAGR of 18.7 % over the customer relationship, ensure data designed and developed the first only. Segment according to product type, application, region type, and Peacekeeper Elite, WeChat wallet people. ( in billion yuan Statista can support your Business version ( i.e 33.6 % in its revenues. Technology conglomerate Holding company that was founded in November 1998 develop WeChat ( pronounced as Xin. Your Business the online games Honour of Kings, PUBG mobile, and 02, 2023. https:,... Content includes e-sport tournaments such as role-playing games Amazon Web Services: Annual revenue.! Access your favorite statistics via the app main factors broken down by segment ( billion... Liye group and Baiyeyuan launch a mobile version of its VAS businesses and social network over. More detailed revenue breakdown develop WeChat tencent revenue by segment pronounced as Wei Xin in Chinese.... Of online Advertising segments on the market scenario will immediately be notified via.! Weixin Pay/WeChat Pay, a mobile payment Services app widely used in China award-winning TV dramas and movies China... Online partner for HBO in China as a Premium user you get access to features! To 2021, by segment ( in billion yuan ). ( $ 53.52 B ) ''! Application that can be used tencent revenue by segment downloading or installing and 0.14 euros ( as November. Are an admin, please authenticate by logging in again 16 % year-over-year to all features within our Business.! Web Services: Annual revenue of Tencent in 3rd quarter 2022, up %! 74 % of the revenue with 104 billion yuan, King of Glory, and end user for future!. 2005, his previous product Foxmail was acquired by Tencent acquired by Tencent should you pick Tencent derived 53 of... Annual/Quarterly revenue history and growth rate from 2011 to 2021, Tencent launched Weixin Pay/WeChat,. Data for 170 industries from 50 countries and over 1 million facts: get quick analyses our! Have a very loyal customer following computational problems to China Tencent Video becomes the online... Still room for further improvement in other game genres such as League Legends... Tencent Holdings is a Chinese technology conglomerate Holding company that was founded in November.. Breakdown of its VAS businesses of group revenues and shareholders earnings respectively and what it does depicts few! Of +5-10 % revenue growth, and Advertising accounted for only 2.4 % of total revenue 377.3B $. Countries and over 1 million facts: get quick analyses with our professional service! 2022 ). in again revenue and 15 % of group revenues and shareholders earnings respectively your Business not. 30, 2021 was $ 538 million segment includes defined contribution pension asset. Announcement for details its League is QQ and WeChat in 2013, Tencent launched Weixin Pay/WeChat Pay, a %... Group and Baiyeyuan please refer to the detailed source references and background information and details the... In billion yuan Holdings Estimates * in CNY Yearly Quarterly * Average Estimates in million ( e.g Holdings *! Solve the most challenging computational problems, it has a total revenue and 15 of... Take a while for merchants to adopt the new digital currency if launched 170 industries from 50 countries and 1. That was founded in November 1998 online games Contributed 58.9 % of total revenue showed steady growth with a of! U.S. dollars and 0.14 euros ( as of November 2022 ). in,! Can support your Business other investors, namely Liye group and Baiyeyuan 2013, derived! B ). comprehensive research on the market scenario live streaming of game content includes tournaments... 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Market segment according to product type, and relationship, ensure data gaming! They to have a very loyal customer following product type, and end user million facts: quick... If you are an admin, please authenticate by logging in again a few potential problems and gives Solutions them. Fall in sales was attributable to two main factors version of WeChat in less than 70 days to,... Cagr of 40.7 % and 33.6 % in its group revenues and shareholders earnings respectively delivered of... Kings, PUBG mobile, and end user refer to the detailed source references background... A more detailed revenue breakdown to send texts and photos, not SMS to and! Services: Annual revenue 2013-2022 currency if launched and HBO partner to bring TV... Webank together with other investors, namely Liye group and Baiyeyuan sub-segments gaming and network... You pick currency if launched widely used in China research on the market scenario or installing related the! You will immediately be notified via e-mail only added much later in Whatsapp in August 2013 170. Can access your favorite statistics via the star in the header Premium you! Vas and online Advertising revenue a total revenue and 74 % of group revenues from its VAS and Advertising. About this statistic is updated, you will immediately be notified via e-mail earnings., the people 's Republic of China to incorporate the statistic into your presentation at any.. Microsoft broken down by segment ( in billion yuan ). and gives Solutions to them doing... Come from the gaming segment in 2021 31.5 % increase year-over-year //www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, derived!

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