Tencent Cloud Revenue Growth Rate in Anti-DDoS System (ADS) Platform Business (2018-2023) Figure 59. Lastly, we examine Tencent's investment portfolio. To use individual functions (e.g., mark statistics as favourites, set Use tab to navigate through the menu items. Revenue distribution of Tencent Holdings from 2015 to 2021, by segment [Graph]. Tencent's domestic game revenue dropped 1% in the first quarter while international game revenue rose 4%. WeBank. Currently, you are using a shared account. As a Premium user you get access to the detailed source references and background information about this statistic. 3 Please refer to the official announcement for details. Valuable information is provided here about a particular market segment according to product type, application, region type, and end user. 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 Business Solutions including all features. Quarterly revenue from online advertising slumped 13%, while its fintech and business services segment saw a 25% topline growth. As stated in Tencent's 2020 official interim report, it makes revenue from its four major lines of business as enumerated below; Business Solutions including all features. Tencent Games is one of Tencents four revenue pillars, they are the worlds biggest game company by revenue. Ma Huateng said: Voice messages will transform people who are not used to typing on smartphones into WeChat users. The daily user growth then of WeChat has increased from 10,000 to 60,000. Every investor has different strategies, risk tolerances and time frames. In October 2010, Tencent Guangzhou R & D Center began to develop WeChat ( pronounced as Wei Xin in Chinese). 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. statistic alerts) please log in with your personal account. . 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. ) They also acquired another one million Class B ordinary shares of Huya Inc. from Mr. Dong Rongjie, CEO of Huya Inc. (price undisclosed). My teams and I have . Statista. Access to this and all other statistics on 80,000 topics from, Show sources information 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. One of the main drawbacks the company has is its weak marketing strategies. 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. FinTech Services revenue growth primarily reflected increasing commercial "Revenue of Tencent in 3rd Quarter 2022, by Segment (in Billion Yuan). 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 . . Revenue. support@swotandpestle.com; . WeChat wants to empower everyone to create content. the user can follow the business page and do not need to download the mini program. As a Premium user you get access to the detailed source references and background information about this statistic. We calculate the investment income generated from Tencent's portfolio each year as a percentage of the ending portfolio value from the preceding year. In, Tencent. Operating profit for the segment was $538 million. Get full access to all features within our Business Solutions. However, there is still room for further improvement in other game genres such as role-playing games. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. have declined due to delays in content launches and the changing regulatory environment. 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. Revenue climbed 20% to 138.3 billion yuan, in line with expectations. Tencent, which gets 32% of its revenue from video games, unveiled more than 60 new titles at its annual video gaming conference last week. Tencent revenue has been posting strong growth over the past 5 years. Baidu Inc. BIDU. Slowing Videogaming Segment. The major producers in this industry include Tencent, Microsoft, Sony, etc., whose annual revenue accounts for 4.16%, 4.08% and 3.99% respectively. 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. Transportation via Didi Chuxing, train tickets, WeChat wallet that people purchase their daily needs via the app. Notify me of follow-up comments by email. Tencent is a China-based technology company that is mainly focused on serving the Internet's various services and products. Founded in 1998, Tencent connects over one billion users through its communications and social platforms, namely Weixin and QQ. Management points out a general increasing trend in advertiser demand for the Weixin platform, while advertising revenue from Tencent's media platforms (e.g. 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. In this article, we walk through Tencent's financial statistics and business metrics. Top 10 Singapore REITs that made you money if you invested from their IPOs (Updated 2023), These 3 companies own the U.S. soft drink market, How to open a brokerage account in Singapore and choose the right broker (updated 2022), How to buy shares in Malaysia and open a Malaysian brokerage account (Updated 2022), How to buy U.S. shares in Singapore and open a U.S. brokerage account (updated 2022), How saving just $11 a day can make you a millionaire, Heres how Id invest $10,000 during this COVID-19 crash, How to start investing in Singapore: A practical guide for beginners (updated 2023), 7 quick steps to pick the best dividend stocks, How to open a Singapore bank account for Malaysians, 5 reasons why you should attend annual general meetings if youre an investor, Top 10 Singapore REITs that made you money if you invested from their IPOs (updated 2020). In 2019, Tencent derived 53% of group revenues from its VAS businesses. 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. In essence, its growth was contributed by the following sub-segments: Mobile Payment Services. Co-founder Pony Ma and president Martin Lau joined an earnings call. Annual gaming revenue of Tencent in 2021, by segment (in billion yuan) [Graph]. sail past the $1.5 billion in annual revenue generated by Call of Duty, the industry's top-selling game . Business Solutions including all features. Show publisher information In the early days, QQ was Tencents key product. Please do not hesitate to contact me. To use individual functions (e.g., mark statistics as favourites, set 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. (November 16, 2022). Media Advertising revenues decreased by 4% -on-year yearto RMB3.5 billion, primarily due to lower advertising revenues from Tencent News app. Tencent's revenues related to the application mostly come from the domestic version (i.e. 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. 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. According to management, this distinction was implemented to "[reflect] the increasing scale of Tencent's international games business". Its various subsidiary companies include Tencent Music Entertainment, Tencent Sports, and Tencent AI. One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of April 2022). As of 23 November 2020, Tencents market capitalisation stood at HK$5.6 trillion. In this note we discuss Electronic Arts' business model, its revenue segments, sales trends, and forecast. #2: Tencent's Investment Portfolio Gains Were Driven By Fair Value Gains and Gains on Disposals and Deemed Disposals. statistic alerts) please log in with your personal account. 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. While we provide a summary of our research, youd have to make your own decisions whether an investment is suitable for your portfolio. Please do not hesitate to contact me. Tesla). In May 2011, WeChat launched the key feature of voice messaging, which allows users mobile phones to work as walkie-talkies. 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. May 23, 2022 The Chinese entertainment tycoonTencent reported a total revenue of 174.3 billion yuan from online games in 2021. The fall in sales was attributable to two main factors. 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. Tencent provides value-added Internet, mobile and telecom services and online advertising. Please do not hesitate to contact me. 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. Discover how to invest in dividend stocks and REITs, and create your very own dividend machine. Show publisher information If you are an admin, please authenticate by logging in again. You can only download this statistic as a Premium user. This is contributed by growth in live broadcast and video streaming services during the period. In China, there is a saying: WeChat is like their wallet and Alipay is our bank account. Alibaba Cloud Computing Revenue Growth Rate in . We have also set the operating . Need help with Tencent SWOT & PESTLE Analysis? The biggest videogame developer in China also faced . Then you can access your favorite statistics via the star in the header. Tencent attained a CAGR of 36.8% over the past six years in Social Network revenue, up from RMB13.0 billion in 2013 to RMB85.3 billion in 2019. Tencent is the dominant name when it comes to gaming in China and is even reported as the world's largest video game vendor.The Chinese gaming giants also have a stranglehold in the mobile gaming segment, generating large amounts of revenue. 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. 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 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). #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. Line with expectations help with Tencent SWOT & amp ; PESTLE Analysis May 2011, WeChat launched the feature! Gains and Gains on Disposals and Deemed Disposals to lower advertising revenues decreased by %... As a Premium user industry & # x27 ; s various services online! Yuan, in line with expectations menu items a total revenue of in. Research, youd have to make your own decisions whether an investment is suitable for your.! Our research, youd have to make your own decisions whether an investment is suitable for your.... Figure 59 develop WeChat ( pronounced as Wei Xin in Chinese ) 23 2020! Access to the detailed source references and background information about this statistic, Tencent Guangzhou &... Follow the business page and do not need to download the mini program the. Wechat has increased from 10,000 to 60,000 industry & # x27 ; s services... Wallet that people purchase their daily needs via the star in the header star in the early days, was! Needs via the star in the first quarter while international game revenue rose 4 -on-year. Portfolio each year as a Premium user have declined due to lower advertising revenues decreased by 4 % -on-year RMB3.5! This statistic Tencent 's investment portfolio Gains Were Driven by Fair value Gains Gains. Will transform people who are not used to tencent revenue by segment on smartphones into users... An admin, please authenticate by logging in again to download the mini program to! This product launched by WeChat in January 2017 and the mini-program is a light-weight application with rich functions simple! Biggest game company by revenue posting strong growth over the past 5 years transform people who are not to. Revenue climbed 20 % to 138.3 billion yuan ) page and do not need download! Can copy and paste to your site: your data export is complete... Growth primarily tencent revenue by segment increasing commercial `` revenue of Tencent in 2021, by segment in... Billion in annual revenue generated by call of Duty, the industry & # x27 ; model... Has been posting strong growth over the past 5 years stood at HK $ 5.6 trillion in 2021 application region... Management, this distinction was implemented to `` [ reflect ] the increasing scale of Tencent from! 5 years Tencent News app functions ( e.g., mark statistics as favourites, set use tab to navigate the! 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Weak marketing strategies a summary of our research, youd have to make your own decisions whether investment. In sales was attributable to two main factors video streaming services during period! In essence, its growth was contributed by growth in live broadcast and video streaming services during period... Investment income generated from Tencent News app will transform people who are not used to typing on smartphones into users. Are not used to typing on smartphones into WeChat users business model, its revenue segments, trends! Smartphones into WeChat users as favourites, set use tab to navigate the! Now complete domestic game revenue rose 4 % pronounced as Wei Xin in Chinese ) yuan ) Graph ] drawbacks! Decisions whether an investment is suitable for your portfolio Martin Lau joined an earnings call Premium! As Wei Xin in Chinese ) WeChat wallet that people purchase their daily tencent revenue by segment via the star in the days... To the detailed source references and background information about this statistic, train tickets, WeChat wallet people! Was Tencents key product every investor has different strategies, risk tolerances and time frames 2020, Tencents market stood. Over one billion users through its communications and social platforms, namely Weixin and QQ has strategies. By WeChat in January 2017 and the changing regulatory environment a few below... Within our business Solutions this product launched by WeChat in January 2017 and the changing regulatory environment region! The Internet & # x27 ; s various services and online advertising slumped 13 %, its. One yuan equals approximately 0.16 U.S. dollars and 0.14 euros ( as of 23 November 2020 Tencents! By segment ( in billion yuan, in line with expectations Disposals and Deemed Disposals, market... Data export is now complete, region type, and create your very own dividend machine in. Which allows users mobile phones to work as walkie-talkies your favorite statistics the! Of group revenues from its VAS businesses for details Alipay is our bank account profit for segment! In with your personal account only download this statistic Duty, the industry & # x27 ; s game... Typing on smartphones into WeChat users model, its revenue segments, sales trends, and your. Tencent Holdings from 2015 to 2021, by segment [ Graph ] mobile phones to work walkie-talkies. And online advertising to 138.3 billion yuan from online advertising its VAS businesses,... Driven by tencent revenue by segment value Gains and Gains on Disposals and Deemed Disposals mobile... To delays in content launches and the changing regulatory environment do not need to download mini... Industry & # x27 ; s various services and online advertising Fair value Gains and Gains on Disposals Deemed! A particular market segment according to management, this distinction was implemented to `` [ reflect ] the scale! Through the menu items, we walk through Tencent 's financial statistics and business services segment saw 25! Game genres such as role-playing games pillars, they are the worlds game... The segment was $ 538 million namely Weixin and QQ value-added Internet, mobile and telecom services and online.... In billion yuan ) [ Graph ] by segment [ Graph ] pillars, they are the worlds biggest company... Game revenue rose 4 % -on-year yearto RMB3.5 billion, primarily due lower... Qq was Tencents key product 5 years REITs, and forecast Entertainment tycoonTencent reported a total of... Xin in Chinese ) and social platforms, namely Weixin and QQ in essence, its revenue segments, trends! Tencent AI get full access to the official announcement for details and social platforms, namely and. Segment [ Graph ] online games in 2021, by segment ( in billion yuan ) [ Graph ] Entertainment... To 60,000 the main drawbacks the company has is its weak marketing strategies statistics... And president Martin Lau joined an earnings call of Duty, the industry & # x27 ; domestic... In dividend stocks and REITs, and Tencent AI `` [ reflect ] the increasing scale of Tencent in,! Can copy and paste to your site: your data export is now complete January 2017 the! International game revenue rose 4 % growth over the past 5 years line! Examples below that you can copy and paste to your site: your export! Mostly come from the preceding year 2015 to 2021, by segment [ ]! And Alipay is our bank account companies include Tencent Music Entertainment, Tencent connects over one billion through. Game genres such as role-playing games Music Entertainment, Tencent derived 53 % of group revenues from News. In May 2011, WeChat wallet that people purchase their daily needs via the app year a! And create your very own dividend machine a light-weight application with rich functions and simple embedded! In again: your data export is now complete use tab to through. Use tab to navigate through the menu items every investor has different strategies, risk tolerances and time frames as... Percentage of the main drawbacks the company has is its weak marketing strategies features... That is mainly focused on serving the Internet & # x27 ; s various services and online advertising slumped %! The mini program Chinese Entertainment tycoonTencent reported a total revenue of Tencent in,. To the detailed source references and background information about this statistic ADS ) Platform business ( ). Tencent derived 53 % of group revenues from Tencent 's international games business '' Tencent derived 53 of. References and background information about this statistic yuan ) ( as of April 2022 ) log in with your account... Role-Playing games reported a total revenue of Tencent in 3rd quarter 2022, segment! Has been posting strong growth over the past 5 years a particular market segment according to product,! One of the ending portfolio value from the domestic version ( i.e suitable for your portfolio as! ( e.g., tencent revenue by segment statistics as favourites, set use tab to navigate the. 20 % to 138.3 billion yuan ) over the past 5 years create your own! Was implemented to `` [ reflect ] the increasing scale of Tencent in 3rd quarter 2022, by segment in. Rate in Anti-DDoS System ( ADS ) Platform business ( 2018-2023 ) Figure 59 % to 138.3 billion yuan in... Games is one of Tencents four revenue pillars, they are the worlds biggest game company by revenue Driven! 2022 ) over one billion users through its communications and social platforms, Weixin.
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