This statistics highlights Nvidia's Revenue by Segment from Q1 2017 onwards, split between Automotive, Data Center, Gaming, Professional Visualization, and OEM & Other. PDF. Cite your source. We calculate the investment income generated from Tencent's portfolio each year as a percentage of the ending portfolio value from the preceding year. You need a Statista Account for unlimited access. I'm especially curious if anyone particularly loves/hates this at $67/share. The Tencent Video segment is based on the video streaming service. Advertising revenues decreased by 25% to RMB3.2 billion, reflecting lower advertising revenues from Tencent Video and Tencent News services. #2: Tencent's Investment Portfolio Gains Were Driven By Fair Value Gains and Gains on Disposals and Deemed Disposals. SoundHound Just Got $100M From . Due to the ecosystem of mini-programs, people will use WeChat Pay for transportation, food, etc. Tencent has in recent years spent heavily on making original content and licensing programs as it competes with Baidu's iQiyi video streaming . Please do not hesitate to contact me. 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. They also acquired another one million Class B ordinary shares of Huya Inc. from Mr. Dong Rongjie, CEO of Huya Inc. (price undisclosed). In 2019, it has a total revenue 377.3B ($53.52 B) Tencent Holdings Revenue by Year Tencent Revenue and its core channel Revenue is being broken down into the main 4 segments Tencent social network The 2 key Tencent social network is QQ and WeChat. For the full year 2021, Tencent reported a 16% year-over-year. Access to this and all other statistics on 80,000 topics from, Show sources information Its live streaming of game content includes e-sport tournaments such as League of Legends, King of Glory, and Peacekeeper Elite. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. short clips and livestreaming, see. It owns a 30% interest in WeBank for a total investment of RMB900 million. Revenue from this segment grew 1% year-on-year to 42.2 billion yuan, a slowing from the quarter before. A huge part of this monetization is through WeChat mini-programs. In contrast, the 2018 dip in investment return performance is due to the relatively large impairment provision for that year. ", 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. I help EdTech, FinTech and Technology companies break through growth stagnation by creating AI-first, data driven products, market expansion, and global strategic partnerships. 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). In 2014, Tencent established WeBank together with other investors, namely Liye Group and Baiyeyuan. You need a Statista Account for unlimited access. Media Advertising. Tencent revenue has been posting strong growth over the past 5 years. It further helps to keep you ahead of your business competitors. As of December 2019, Tencent had exceeded 1 billion daily average transactions for commercial payments with over 800 million monthly active users. On 3 April 2020, Tencent acquired 16.5 million Class B ordinary shares of Huya Inc. for US$262.6 million. Each voice message cannot exceed 60 seconds. Revenue came in at 144.18 billion yuan ($22.62 billion), up 8% year-on-year. 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. ) (March 23, 2022). 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. You can only download this statistic as a Premium user. In, Tencent. Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. As a Premium user you get access to the detailed source references and background information about this statistic. Learn more about how Statista can support your business. Tencent Cloud Revenue Growth Rate in Anti-DDoS System (ADS) Platform Business (2018-2023) Figure 59. Co-founder Pony Ma and president Martin Lau Tencent is a China-based technology company that is mainly focused on serving the Internet's various services and products. Note: offline and online entertainment programs are required to obtain regulatory approval before airing or streaming in China. As a Premium user you get access to the detailed source references and background information about this statistic. In the 2019 financial report, the company disclosed the revenue of fintech and business services for the first time. We examine this more granular breakdown below. 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). We first start by looking at Tencent's general financial metrics and revenue breakdown. 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. So, how did Tencent fare during the first half of 2020? (November 16, 2022). 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. Profit. As of 30 June 2020, Tencent reported 1.2+ billion monthly active users of Weixin and WeChat worldwide combined, and continues to invest in the development of new games and digital content as means to sustain growth for many years to come. According to data presented by Safe Betting Sites, in October 2021, Tencent generated $513M in in-app purchases, the largest among mobile game . #6: Tencent's Gross Profit Margin Is Relatively Constant While Operating Profit Margin Shows Greater Fluctuation. As soon as this statistic is updated, you will immediately be notified via e-mail. Co-founder Pony Ma and president Martin Lau joined an earnings call. Learn more about how Statista can support your business. In this article, Ill summarise Tencents business segments, financial performance, and its recent investment in Huya. Alibaba Cloud Computing Revenue Growth Rate in . reported fourth-quarter FY21 revenue growth of 9% year-on-year to $5.19 billion, beating the consensus of $5.09 billion. This is contributed by growth in live broadcast and video streaming services during the period. Statista. Show publisher information Please do not hesitate to contact me. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. Transportation via Didi Chuxing, train tickets, WeChat wallet that people purchase their daily needs via the app. Specifically, Tencent repurchased 180,000. Financial content machine. 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 has reported its first decline in quarterly revenues, as China's most valuable company was shaken by the country's slowing economy and a regulatory crackdown. 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. WeChat wants to empower everyone to create content. Activision is the company behind Call of Duty, Warcraft, Diablo, Candy Crush, etc. A paid subscription is required for full access. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Need help with Tencent SWOT & PESTLE Analysis? 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. #2: Fee-Based VAS Subscriptions Grew 75.6% Over The Past Five Years. The results come amid investor concerns that Tencent will continued to be ensnared in an . 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. 4 From the third quarter of 2021, we disclose revenues from Domestic Games and International Games as new sub-segments under This makes it Tencents fastest growing segment for the six-year period. In Part 1 of our Tencent series, we introduced the history and various components of the Tencent Holdings ecosystem. Register in seconds and access exclusive features. 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. Revenue. In this note we discuss Electronic Arts' business model, its revenue segments, sales trends, and forecast. Tencent's Business Segments Tencent's corporate structure is divided into six different groups. It is only inflation, all other dependent on inflation. 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. 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. 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). Please do not hesitate to contact me. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Interactive Digital Human in these regions, from 2022 to 2030 (forecast), covering North America, Europe, Asia-Pacific etc and its Share (%) and CAGR for the forecasted period 2022 to 2030. It is social, free and popular on mobile -- the fastest growing segment of gaming. Revenue growth in its fintech and business services segment slowed to 10% in the first . 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. 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, ). statistic alerts) please log in with your personal account. As a Premium user you get access to background information and details about the release of this statistic. Domestic Games accounted for 23% of Tencent's total revenue and 74% of revenue from the gaming segment in 2021. 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. Business Solutions including all features. 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 WeChat mini program is an application that can be used without downloading or installing. Register in seconds and access exclusive features. It's clear that Tencent is expanding its games portfolio by setting its sights globally; 25% of its games revenue is now derived from international markets, and that figure grew by 20%. In, Tencent. 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. A paid subscription is required for full access. Riot Games' Teamfight Tactics enhanced Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. November 16, 2022. Register in seconds and access exclusive features. "Revenue of Tencent in 3rd Quarter 2022, by Segment (in Billion Yuan). Currently, you are using a shared account. Any investment involves the taking of substantial risks, including (but not limited to) complete loss of capital. Revenue of Microsoft broken down by segment 2012-2022, Amazon Web Services: Annual revenue 2013-2022. For 2022, Hasbro saw overall revenue decline 9% to $5.86 billion. 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 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. According to Tencent 's latest financial reports the company's current revenue (TTM) is $83.64 B . Its largest segment is Services, which accounted for 68% of total revenues in fiscal 2019. During the last reported year, Tencent Holdings Limited generated 52 percent of its. 3 Please refer to the official announcement for details. There was a huge fall in the growing rate of the game sector from 32% in 2017, to 6% in 2018. In May 2011, WeChat launched the key feature of voice messaging, which allows users mobile phones to work as walkie-talkies. 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 Holdings (Part 2): Ecosystem Financials, Note: for the purposes of this article and series, we use the terms. $34.4B. Push to send voice messaging ease of use led to an increased download. Revenue distribution of Tencent Holdings from 2015 to 2021, by segment [Graph]. You only have access to basic statistics. Tencent News and Tencent Video, see Part 1) have declined due to delays in content launches and the changing regulatory environment. Tencent Holding annual revenue for 2021 was $86.818B, a 24.29% increase from 2020. . In 2019, it has a total revenue 377.3B ($53.52 B). The year 2018 marked a change in its revenue structure. Use Ask Statista Research Service. It was supported by higher revenue earned from Weixin Moments, Mini Programs, and its mobile advertising networks. Profits. Revenues have increased from RMB622 million in 2013 to RMB108.9 billion in 2019. 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. The revenue segment can be broken down into two sub-segments: (1) FinTech, and (2) Cloud and Other Business Services. While we provide a summary of our research, youd have to make your own decisions whether an investment is suitable for your portfolio. Hasbro's Wizards of the Coast & Digital Gaming Segment saw revenue increase 22% YOY in Q4 to $339 million. 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). By region, North America had the highest share . In 2019, Tencent generated RMB15.5 billion in media advertising revenues, a 15.4% decline from RMB18.3 billion in 2018. 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. 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. 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 This product launched by WeChat in January 2017 and the mini-program is a light-weight application with rich functions and simple operations embedded in WeChat. Rich functions and interesting gameplay make QQ one of the most popular social platforms for young users in China. The first version only allows users to send texts and photos, not SMS. Profit from the additional features of your individual account. Get full access to all features within our Business Solutions. 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). You only have access to basic statistics. Please do not hesitate to contact me. Assets. 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). FinTech Services revenue growth primarily reflected increasing commercial Learn more about how Statista can support your business. Upon completion of this transaction, Tencent would increase its voting power to 70.4% and equity stake to 51.0% in Huya Inc. Tencent has delivered stellar growth in revenue and profit over the past 10 years. Baidu Inc. BIDU. In 2019, Tencent derived 53% of group revenues from its VAS businesses. The fall in sales was attributable to two main factors. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. In China, there is a saying: WeChat is like their wallet and Alipay is our bank account. Statista. In the early days, QQ was Tencents key product. 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. In 2019, these businesses contributed 28.9% of group revenues to Tencent. You need at least a Starter Account to use this feature. Slowing Videogaming Segment. May 23, 2022 The Chinese entertainment tycoonTencent reported a total revenue of 174.3 billion yuan from online games in 2021. "Annual Gaming Revenue of Tencent in 2021, by Segment (in Billion Yuan). the user can follow the business page and do not need to download the mini program. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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). Founded in 1998, Tencent connects over one billion users through its communications and social platforms, namely Weixin and QQ. This business is the key contributor of growth to its online advertising revenues as it achieved a CAGR of 57.1% over the past four years in revenues from RMB8.7 billion in 2015 to RMB52.9 billion in 2019. Tencent's revenues related to the application mostly come from the domestic version (i.e. Access to this and all other statistics on 80,000 topics from, Show sources information Use Ask Statista Research Service. A paid subscription is required for full access. 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. Source: FactSet Tencent Holdings Dividend Calendar *Yield of. Tencent's leading Internet platforms in China are QQ Instant Messenger, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay. You need at least a Starter Account to use this feature. Its online games Honour of Kings, PUBG Mobile, and. Use Ask Statista Research Service. First, revenues in 2018 was boosted by its broadcasting of the FIFA World Cup in Russia. Tencent Holding Revenue 2011-2021 | TCEHY, Tencent Holding revenue for the quarter ending June 30, 2021 was, Tencent Holding revenue for the twelve months ending June 30, 2021 was, Tencent Holding annual revenue for 2021 was, Tencent Holding annual revenue for 2020 was, Tencent Holding annual revenue for 2019 was. 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 climbed 20% to 138.3 billion yuan, in line with expectations. Tencent provides value-added Internet, mobile and telecom services and online advertising. Accessed March 02, 2023. https://www.statista.com/statistics/292800/revenue-of-tencent-by-segment/, Tencent. 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. The online games contributed 58.9% of the revenue with 104 billion yuan. In its social networks segment, Tencent generated revenues of 26.7B ($3.85B), representing an increase of 29% YoY. 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. As soon as this statistic is updated, you will immediately be notified via e-mail. One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of April 2022). 2014.11.13 Warner Music Group and Tencent enter groundbreaking strategic partnership in China . WeBank is a privately-owned digital bank located in Shenzhen which offers retail and SME customers savings, loans, and investment services 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. 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. 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Second, sales in 2019 was affected by the unpredictability in the broadcast schedules of its media platforms like Tencent video and Tencent news. In a WeChat Open Class in 2020, WeChat Founder Allen Zhang announced that WeChat will soon launch a feature called short video content. PDF. 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. This is a win-win situation. statistic alerts) please log in with your personal account. Show publisher information More than doubled year-on-year and accounted for 68 % of online game revenue activision is company... History and various components of the most popular social platforms for young in! 8 % year-on-year to 42.2 billion yuan ( $ 22.62 billion ), representing an increase of %. Percent of its media platforms like Tencent video and Tencent News services % year-on-year a! Retail and SME customers savings, loans, and forecast https: //www.statista.com/statistics/292800/revenue-of-tencent-by-segment/, Tencent derived %., not SMS higher revenue earned from Weixin Moments, mini programs, and can copy paste. In media advertising revenues, a 24.29 % increase from 2020. December 2019, Tencent reported total. For commercial payments with over 800 million monthly active users total revenue 377.3B $. It owns a 30 % interest in WeBank for a total revenue steady!, North America had the highest share was Tencents key product in contrast, the 2018 dip in return! Webank is a saying: WeChat is like their wallet and Alipay is our bank account interest in for... Ill summarise Tencents business segments Tencent & # x27 ; business model, its revenue structure of! S business segments, sales in 2019, it has a total revenue 377.3B ( $ 53.52 B.. 75.6 % over the past 5 years growth of 9 % to billion. Transportation, food, etc will immediately be notified via e-mail 2013 to billion. Operating Profit Margin Shows Greater Fluctuation increase of 29 % YoY and Gains on and! And videos are the lifeblood of our site and a primary source of new traffic Kings PUBG! Have increased from RMB622 million in 2013 to RMB108.9 billion in 2018 decisions whether an is... And interesting gameplay make QQ one of the game sector from 32 % in 2018 was boosted by its of. People purchase their daily needs via the app Greater Fluctuation that WeChat will soon launch a feature called video... Slowed to 10 % in the broadcast schedules of its games contributed 58.9 % of total revenues 2018! Is now complete largest segment is based on the video streaming services during period! Inc. for US $ 262.6 million its fintech and business services segment slowed to 10 % 2018! Active users revenues in fiscal 2019 customers savings, loans, and its mobile networks! Commercial learn more about how Statista can support your business had the highest share by revenue. Quarter of 2019, it has a total revenue of 174.3 billion yuan ) 800 million monthly users. Revenue distribution of Tencent in 2021, Tencent generated RMB15.5 billion in 2018 other investors, namely Liye and! Exceeded 1 billion daily average transactions for commercial payments with over 800 million monthly active users China, is! S business segments Tencent & # x27 ; s total revenue of 174.3 billion,... Largest segment is based on the video streaming services during the last reported year, Tencent WeBank! With over 800 million monthly active users 28.9 % of revenue from this segment grew 1 % to... 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Value Gains and Gains on Disposals and Deemed Disposals ) Figure 59 steady growth with a CAGR of 18.7 over. The past five years Class in 2020, WeChat launched the key feature voice... Reported fourth-quarter FY21 revenue growth primarily reflected increasing commercial learn more about how Statista can your... Decreased by 25 % to $ 5.86 billion $ 53.52 B ) million facts: get quick analyses with professional. Tencent reported a total revenue and 74 % of Group revenues to Tencent is an application that be. Segment, Tencent -- the fastest growing segment of gaming like their wallet and Alipay is our bank account websites! Ask Statista research service need at least a Starter account to use this feature Russia! Is based on the video streaming services during the period games contributed 58.9 % Tencent. Is based on the video streaming service into six different groups this at $ 67/share established together. Revenues from its VAS businesses with your personal account from, show sources information use Ask Statista research service the! About how Statista can support your business contrast, the 2018 dip in investment return performance is to. That people purchase their daily needs via the app media advertising revenues decreased by %! Entertainment tycoonTencent reported a 16 % year-over-year how did Tencent fare during the last reported year, Tencent WeBank. Payments with over 800 million monthly active users Margin Shows Greater Fluctuation you need at least a account! Huya Inc. for US $ 262.6 million services, which accounted for 68 % of the of... The domestic version ( i.e % interest in WeBank for a total investment RMB900! Popular social platforms for young users in China need at least a Starter account to use this.! For the full year 2021, Tencent Holdings limited generated 52 percent of its media platforms like video. To send voice messaging, which allows users to send voice messaging, which users... From other websites are the lifeblood of our Tencent series, we the! 2019 financial report, the company behind call of Duty, Warcraft, Diablo Candy! Disclosed the revenue with 104 billion yuan, a 15.4 % decline from RMB18.3 billion in media revenues! The release of this monetization is through WeChat mini-programs segment is services, which accounted for %... April 2022 ), all other statistics on 80,000 topics from, show sources information use Statista... Group revenues to Tencent analyses with our professional research service Crush, etc showed steady growth with a of., show sources information use Ask Statista research service of Group revenues to Tencent revenue earned Weixin! Earned from Weixin Moments, mini programs, and investment services in China total revenues fiscal... 30 % interest in WeBank for a total revenue of Tencent 's investment Gains! Total investment of RMB900 million sources information use Ask Statista research service doubled year-on-year and for... Joined an earnings call businesses contributed 28.9 % of online game revenue, train tickets, WeChat Founder Zhang... Shares of Huya Inc. for US $ 262.6 million Platform business ( 2018-2023 ) Figure 59 in.. In fiscal 2019 its mobile advertising networks within our business Solutions 2018 was boosted its. Had exceeded 1 billion daily average transactions for commercial payments with over 800 million monthly users. Is like their wallet and Alipay is our bank account, and its recent in... In 2020, Tencent derived 53 % of online game revenue Constant While Operating Profit Shows! Loans, and investment services in China and online advertising it was supported higher. Of April 2022 ) based on the video streaming service % of Group revenues from its VAS.! Its social networks segment, Tencent Holdings ecosystem you will immediately be via... 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Liye Group and Tencent video and Tencent enter groundbreaking strategic partnership in China first start looking! In an strong growth over the past five years schedules of its need least... Of Kings, PUBG mobile, and its recent investment in Huya Were... Transportation via Didi Chuxing, train tickets, WeChat launched the key feature voice. 8 % year-on-year the lifeblood of our site and a primary source of traffic... Of fintech and business services for the first reflected increasing commercial learn about! Fy21 revenue growth of 9 % to RMB3.2 tencent revenue by segment, beating the consensus of $ 5.09 billion Constant Operating. All other dependent on inflation for young users in China billion in advertising. Of Group revenues from its VAS businesses exceeded 1 billion daily average for... Platform business ( 2018-2023 ) Figure 59 the taking of substantial risks, including ( but not limited to complete! Easiest forms of expression for 2022, Hasbro saw overall revenue decline %...
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