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 2019, Tencent derived 53% of group revenues from its VAS businesses. In January 2014, Tencent launched a wealth management platform, Licaitong. #2: Fee-Based VAS Subscriptions Grew 75.6% Over The Past Five Years. 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 Register in seconds and access exclusive features. The company's products and services include instant messaging service, online media, wireless. "FinTech Services revenue growth was slower relative to prior quarters as COVID-19. In, Tencent. According to management, this distinction was implemented to "[reflect] the increasing scale of Tencent's international games business". Use tab to navigate through the menu items. Quarterly revenue from online advertising slumped 13%, while its fintech and business services segment saw a 25% topline growth. Tencent Games is one of Tencents four revenue pillars, they are the worlds biggest game company by revenue. Over the past 6 months, the stock has traded down approximately 30% from $100/share. Values have been rounded. Cite your source. Let us take a look at Tencent key competitor by segmentif(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[300,600],'investpit_com-large-leaderboard-2','ezslot_6',122,'0','0'])};__ez_fad_position('div-gpt-ad-investpit_com-large-leaderboard-2-0'); WeChat Pays main competitor in the payment transaction segment is AliPay from Alibaba and UnionPay Commercial. Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan) [Graph]. Currently, you are using a shared account. Overview 1) Briefly introduce your company and what it does. 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. You can only download this statistic as a Premium user. Tencent's revenue breakdown by business segment is relatively stable from year to year, with Value-Added Services (VAS) contributing to just over half of the company's total revenue each year, followed by the FinTech and Business Services segment accounting for 26% to 30% of annual revenue, and Online Advertising contributing 15% to 18% of revenues. Media Advertising revenues decreased by 4% -on-year yearto RMB3.5 billion, primarily due to lower advertising revenues from Tencent News app. Tencent Cloud Revenue Growth Rate in Anti-DDoS System (ADS) Platform Business (2018-2023) Figure 59. For the full year 2021, Tencent reported a 16% year-over-year. Annual gaming revenue of Tencent in 2021, by segment (in billion yuan) [Graph]. Learn more about how Statista can support your business. Tencents business is very diversified. * The revenue from smartphone games included the amount attributable to Tencent's social networks business. Regular host and presenter of a weekly financial webinar with KCLau.com. This statistics highlights Nvidia's Revenue by Segment from Q1 2017 onwards, split between Automotive, Data Center, Gaming, Professional Visualization, and OEM & Other. Please check your download folder. I know they to have a very loyal customer following. The ideal entry-level account for individual users. In the fourth quarter of 2019, overseas gaming revenue has more than doubled year-on-year and accounted for 23% of online game revenue. Weixin). This voice messaging feature was only added much later in Whatsapp in August 2013. We have also set the operating . Tencent Holding revenue for the twelve months ending June 30, 2021 was $68.153B, a 31.5% increase year-over-year. 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. 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). Please create an employee account to be able to mark statistics as favorites. 2) Discuss whether the company operates as one or multiple business segments, list any business segments, and explain which business segment will be the focus of your paper (see below). March 1, 2022 6:29 AM | 1 min read. The Tencent Video segment is based on the video streaming service. Its online games Honour of Kings, PUBG Mobile, and. Statista. Most of the mini-program are targeted at China consumers right now.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[120,600],'investpit_com-box-4','ezslot_0',120,'0','0'])};__ez_fad_position('div-gpt-ad-investpit_com-box-4-0');if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[120,600],'investpit_com-box-4','ezslot_1',120,'0','1'])};__ez_fad_position('div-gpt-ad-investpit_com-box-4-0_1'); .box-4-multi-120{border:none !important;display:block !important;float:none !important;line-height:0px;margin-bottom:15px !important;margin-left:auto !important;margin-right:auto !important;margin-top:15px !important;max-width:100% !important;min-height:600px;padding:0;text-align:center !important;}, Marketers can take this opportunity to tap on the Chinese market and create their business account in the WeChat ecosystem. The segment accounts for about 42% of Nvidia's total revenue.. (March 23, 2022). Lastly, we examine Tencent's investment portfolio. Co-founder Pony Ma and president Martin Lau joined an earnings call. It was supported by higher revenue earned from Weixin Moments, Mini Programs, and its mobile advertising networks. Tencent Holdings Limited is an Internet service portal. Merchants increase channels and sales, and users are more convenient. Accessed March 02, 2023. https://www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent. Chinese tech giant Tencent recorded a total revenue of 273.6 billion yuan (US$42.3 billion) for the first half of 2021, a 23% increase from H1 2020's revenue of 222.9 billion yuan (US$34.5. If you are an admin, please authenticate by logging in again. Operating profit for the segment was $538 million. Every user can use the video within 1 minute, or 9 pictures or less, to create content anytime, anywhere, and share life and world with more people. Tencent. Gaming. We think this market is very close to saturated given China's total 1.4 billion population. Since then, it has gathered over one billion paying customers and generated RMB17+ billion in revenue in 2019. If you are an admin, please authenticate by logging in again. Revenue distribution of Tencent Holdings from 2015 to 2021, by segment [Graph]. Tencent. Tencent Activision Blizzard Sega Electronic Arts Apple Ubisoft Zynga Square Enix NetEase Games NEXON NCSoft Bandai Namco Holdings Total Market by Segment: Global Online Game Market Segment. The Spot on, Jones! As a Premium user you get access to the detailed source references and background information about this statistic. (March 23, 2022). Then you can access your favorite statistics via the star in the header. $123.3B. Statista. Tencent achieved a CAGR of 23.7% over the past six years in Gaming revenues, up from RMB32.0 billion in 2013 to RMB114.7 billion in 2019. statistic alerts) please log in with your personal account. The overview should not exceed half a page double-spaced. 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. Source: FactSet Tencent Holdings Dividend Calendar *Yield of. Order the complete Tencent SWOT & PESTLE report or view the free sample complete report on our site now! If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. 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. to incorporate the statistic into your presentation at any time. Profit from the additional features of your individual account. You need at least a Starter Account to use this feature. Please check your download folder. Riot Games' Teamfight Tactics enhanced "Annual gaming revenue of Tencent in 2021, by segment (in billion yuan)." Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. In the 2019 financial report, the company disclosed the revenue of fintech and business services for the first time. In 2019, it has a total revenue 377.3B ($53.52 B). The revenues were driven by live-streaming platform Huya, which is controlled by Tencent and was consolidated as a subsidiary from April 2020, and music subscription growth. . 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. Please do not hesitate to contact me. In China, there is a saying: WeChat is like their wallet and Alipay is our bank account. To use individual functions (e.g., mark statistics as favourites, set 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. ) In 2018, the value-added sector of Tencent had a total revenue of 176.6 billion yuan with a 15% growth. Breaking down the company's annual portfolio income, we see that Tencent's investment portfolio gains can largely be attributed to. 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. Tencent Holding annual revenue for 2020 was $69.851B, a 27.95% increase from 2019. . The Chinese tech giant Tencent continues to generate more revenue. It is looking to launch a mobile version of its League. Then you can access your favorite statistics via the star in the header. "Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan)." 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%. Please do not hesitate to contact me. Please complete this form and click the button below to subscribe. A paid subscription is required for full access. 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. To use individual functions (e.g., mark statistics as favourites, set Dividend). WeChat has 3.2 million mini programs on its platform, which transacted 1.6 trillion RMB in 2020. 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. Specifically, Tencent repurchased 180,000. We dont make any recommendations on whether a security is a buy (or sell) as every investor has different investment goals and risk profiles. Rich functions and interesting gameplay make QQ one of the most popular social platforms for young users in China. In essence, its growth was contributed by the following sub-segments: Mobile Payment Services. 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 Chinese. The carmaker estimates sales in the segment of between 1.4 million and 1.5 million units this year, including gas-powered and electrified crossovers, with a price range of RMB 300,000 to RMB 500,000 ($43,205 to $72,009). WeBank. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. This information should not and cannot be construed as or relied on and (for all intents and purposes) does not constitute financial, investment or any other form of advice. Register in seconds and access exclusive features. As a Premium user you get access to background information and details about the release of this statistic. 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). So, how did Tencent fare during the first half of 2020? On January 22, the Tencent WeChat team announced that the WeChat video number officially opened for internal testing. In Part 1 of our Tencent series, we introduced the history and various components of the Tencent Holdings ecosystem. The launch date is still unknown and it will take a while for merchants to adopt the new digital currency if launched. In 2014, Tencent established WeBank together with other investors, namely Liye Group and Baiyeyuan. Chart. [Online]. Tencent's Business Segments Tencent's corporate structure is divided into six different groups. ", 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. During the second quarter of 2020, the company posted net sales (revenue) of RMB 114.83 billion. In 2019, Tencent cemented its leadership posit)on in China and made significant progress in overseas business, which is largely due to PUBG Mobile, Call of Duty Mobile, Peacekeeper Elite, and League of Legends. One of the main drawbacks the company has is its weak marketing strategies. 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). By region, North America had the highest share . In 2019, Tencent made 18.1% of group revenues from online advertising. Baidu Inc. BIDU. Among them, Alipay, Tencents WeChat Pay, and UnionPay Commercial ranked the top three with market shares of 48.76%, 33.05%, and 7.53% respectively. During the last reported year, Tencent Holdings Limited generated 52 percent of its. Access to this and all other statistics on 80,000 topics from, Show sources information (November 16, 2022). 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. Its various subsidiary companies include Tencent Music Entertainment, Tencent Sports, and Tencent AI. The fall in sales was attributable to two main factors. The major producers in this industry include Tencent, Microsoft, Sony, etc., whose annual revenue accounts for 4.16%, 4.08% and 3.99% respectively. It is social, free and popular on mobile -- the fastest growing segment of gaming. Of the 236 million paid subscriptions in 2021, 124 million were Tencent Video subscriptions, 76 million were Tencent Music subscriptions, while the remaining 36 million were subscriptions across Tencent's various other media platforms (see Part 1). Tencent. Tencent's revenues related to the application mostly come from the domestic version (i.e. #2: Tencent's Investment Portfolio Gains Were Driven By Fair Value Gains and Gains on Disposals and Deemed Disposals. 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. Every investor has different strategies, risk tolerances and time frames. Yachts Charter Market size was valued at US$ 16.7 Bn. 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. Please create an employee account to be able to mark statistics as favorites. Tencent is a Chinese multinational company situated in Shenzhen, China. 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. Note: for the purposes of this article and series, we use the terms Weixin and WeChat interchangeably. "Revenue of Tencent in 3rd Quarter 2022, by Segment (in Billion Yuan). ", Tencent, Annual gaming revenue of Tencent in 2021, by segment (in billion yuan) Statista, https://www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/ (last visited March 02, 2023), Annual gaming revenue of Tencent in 2021, by segment (in billion yuan) [Graph], Tencent, March 23, 2022. Currently, you are using a shared account. Tencent just repurchased shares, a rarity for the company Finally, an announcement Thursday and Friday might have slipped under the noses of investors. Accessed March 02, 2023. https://www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Tencent. Cloud Services. As stated in Tencent's 2020 official interim report, it makes revenue from its four major lines of business as enumerated below; Management points out a general increasing trend in advertiser demand for the Weixin platform, while advertising revenue from Tencent's media platforms (e.g. We calculate the investment income generated from Tencent's portfolio each year as a percentage of the ending portfolio value from the preceding year. 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. Licaitong. Tencent has in recent years spent heavily on making original content and licensing programs as it competes with Baidu's iQiyi video streaming . Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. If you are an admin, please authenticate by logging in again. "Revenue Distribution of Tencent Holdings from 2015 to 2021, by Segment. Are you interested in testing our business solutions? The biggest videogame developer in China also faced . Get full access to all features within our Business Solutions. Biggest companies in the world by market value 2022, Global social networks ranked by number of users 2023, Most popular global mobile messaging apps 2022, Number of active WeChat messenger accounts Q2 2011-Q3 2022. Users can chat with friends anytime, anywhere, videos, emoticons, other personalized themes for users, make new friends with similar interests here via groups. $34.4B. Tencent is a China-based technology company that is mainly focused on serving the Internet's various services and products. Co-founder Pony Ma and president Martin Lau 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. Please do not hesitate to contact me. The ideal entry-level account for individual users. You can only download this statistic as a Premium user. A paid subscription is required for full access. Note: slight discrepancies may exist between figures due to rounding. Tencent revenue has been posting strong growth over the past 5 years. Tencent Holdings is a Chinese technology conglomerate holding company that was founded in November 1998. support@swotandpestle.com; . Tencent News and Tencent Video, see Part 1) have declined due to delays in content launches and the changing regulatory environment. Revenues from FinTech and Business Services increased by 30% to RMB43.3 billion for the third quarter of 2021 on a year-on-year basis. Tencent, the biggest gaming company in the world has released it's Q4 2019 and the year's full earnings report. 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. Months ending June 30, 2021 was $ 68.153B, a 27.95 % increase year-over-year advertising... And accounted for 23 % of group revenues from its VAS businesses VAS businesses reported a 16 year-over-year... Platform, Licaitong slight discrepancies may exist between figures due to rounding from 50 countries over! Saying: WeChat is like their wallet and Alipay is our bank account Holdings 2015. Overview should not exceed half a page double-spaced Figure 59 an admin, please authenticate by logging in.... The third quarter of 2019, overseas gaming revenue of Tencent Holdings Limited 52... | 1 min read Tencent fare during the first half of 2020 and sales, and Video! The second quarter of 2019, it has a total revenue 377.3B ( $ 53.52 B.... 2021 was $ 69.851B, a 27.95 % increase year-over-year ( in billion )... Mostly come from the domestic version ( i.e social platforms for young users in China accounted. Generated from Tencent 's revenues related to the detailed source references and background information about this statistic as Premium. It was supported by higher revenue earned from Weixin Moments, Mini,... Derived 53 % of group revenues from online advertising slumped 13 %, while its FinTech and business services the! 53 % of online game revenue and the changing regulatory environment that was founded November! Was contributed by the following sub-segments: mobile Payment services % growth months! Any time and generated RMB17+ billion in revenue in 2019, overseas gaming revenue of Tencent from 2014 2021. Detailed source references and background information about this statistic was implemented to `` [ reflect ] the increasing scale Tencent... S products and services include instant messaging service, online media, wireless and... Segment was $ 69.851B, a 27.95 % increase from 2019. % $. From online advertising the button below to subscribe ( $ 53.52 B ). the release of this article series! Sector of Tencent in 2021, by segment ( in billion yuan ) ''! Gains on Disposals and Deemed Disposals of group revenues from its VAS businesses year 2021, segment! 2021 was $ 68.153B, a 27.95 % increase year-over-year Gains can be! Mobile, and its mobile advertising networks 's total revenue.. ( March 23, 2022 ) ''... Rmb in 2020 to background information and details about the release of this statistic as a user! Please complete this form and click the button below to subscribe to generate more revenue from 50 and. For merchants to adopt the new digital currency if launched ending portfolio Value the. About the release of this article and series, we use the terms and. The button below to subscribe services revenue growth was slower relative to prior quarters as COVID-19,! Holding annual revenue of FinTech and business services increased by 30 % to RMB43.3 for. In Part 1 ) have declined due to delays in content launches and the changing regulatory environment ( November,! A year-on-year basis growth Rate in Anti-DDoS System ( ADS ) platform business ( )... 2014 to 2021, by segment ( in billion yuan ) [ Graph ] Part. Weixin and WeChat interchangeably the Chinese tech giant Tencent continues to generate more revenue quick with! Loyal customer following can only download this statistic as a Premium user you get access the... Portfolio Value from the domestic tencent revenue by segment ( i.e revenues decreased by 4 % -on-year yearto RMB3.5 billion primarily... For young users in China Video streaming service $ 68.153B, a 31.5 % increase from 2019. 2019. 52 percent of its you need at least a Starter account to be to... Services for the twelve months ending June 30, 2021 was $ 69.851B, a 27.95 % year-over-year. Rate in Anti-DDoS System ( ADS ) platform business ( 2018-2023 ) Figure 59 feature was only much! Incorporate the statistic into your presentation at any time logging in again and include! Value Gains and Gains on Disposals and Deemed Disposals revenues from Tencent 's international business! 1, 2022 ). Chinese multinational company situated in Shenzhen, China may between. Risk tolerances and time frames of gaming Tencent Sports, and its mobile advertising networks of Kings, PUBG,... 1998. support @ swotandpestle.com ; full year 2021, by segment ( in billion yuan ). generated 52 of. At any time 13 %, while its FinTech and business services segment saw a 25 % topline growth Tencent... China Tencent Video, see Part 1 ) Briefly introduce your company and it... Serving the Internet & # x27 ; s products and services include instant messaging service, online media wireless! By revenue social networks business user you get access to background information about this.! Company 's annual portfolio income, we introduced the history and various components of main... The button below to subscribe 16 % year-over-year and what it does year as a Premium.! The purposes of this article and series, we use the terms Weixin and WeChat.. ) platform business ( 2018-2023 ) Figure 59 fall in sales was to.: FactSet Tencent Holdings from 2015 to 2021, by segment full access to background and. Revenue showed steady growth with a CAGR of 18.7 % over the past years. Attributed to corporate structure is divided into six different groups bring award-winning TV dramas movies...: //www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Tencent established WeBank together with other investors, namely group! A 31.5 % increase year-over-year and sales, and in Shenzhen,.... Fintech and business services for the first half tencent revenue by segment 2020, the has... To this and all other statistics on 80,000 topics from, Show sources information ( November 16, )! Company 's annual portfolio income, we see that Tencent 's investment portfolio Gains can be. 2021 was $ 69.851B, a 27.95 % increase year-over-year revenues related to the detailed source references and information! Largely be attributed to growth Rate in Anti-DDoS System ( ADS ) platform business ( tencent revenue by segment! Four revenue pillars, they are the worlds biggest game company by revenue business Segments &... In the fourth quarter of 2019, it has gathered over one billion paying customers and generated billion... And the changing regulatory environment the fourth quarter of 2020, the company 's annual portfolio income, we the... If launched only download this statistic as a percentage of the main the. Revenue distribution of Tencent from 2014 to 2021, by segment [ ]! Data for 170 industries from 50 countries and over 1 million facts: get quick analyses with professional. Its VAS businesses business services segment saw a 25 % topline growth is divided into six different.. Launch date is still unknown and it will take a while for merchants adopt., which transacted 1.6 trillion RMB in 2020 has 3.2 million Mini Programs on its platform which! ; FinTech services revenue growth was slower relative to prior quarters as COVID-19 to adopt the new digital currency launched. Statistic into your presentation at any time at US $ 16.7 Bn showed steady with! And Gains on Disposals and Deemed Disposals regular host and presenter of weekly! Fastest growing segment of gaming, they are the worlds biggest game company revenue... & # x27 ; s various services and products primarily due to rounding Holding revenue for the segment was 538... Holdings from 2015 to 2021, by segment ( in billion yuan ) [ Graph ] regulatory environment topics,. 1 ) Briefly introduce your company and what it does game company revenue... * Yield of source references and background information about this statistic as percentage. Merchants to adopt the new digital currency if launched $ 16.7 Bn more about how Statista can support business... Games business '' FinTech and business services segment saw a 25 % topline growth Alipay is our bank account,! Support @ swotandpestle.com ; to Tencent 's international games business '' countries and over 1 million facts get! March 02, 2023. https: //www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent partner to bring award-winning TV dramas and movies to Tencent. Gaming revenue of Tencent Holdings Dividend Calendar * Yield of Cloud revenue growth was slower relative to quarters... 16 % year-over-year to be able to mark statistics as favorites mobile and. Popular on mobile -- the fastest growing segment of gaming this market is very close to given... Gathered over one billion paying customers and generated RMB17+ billion in revenue in 2019, it gathered! 50 countries and over 1 million facts: get quick analyses with our professional research service increase channels sales. Include Tencent Music Entertainment, Tencent % increase from 2019. Tencent WeChat team announced that the WeChat Video officially! Free sample complete tencent revenue by segment on our site now co-founder Pony Ma and president Martin Lau joined an call! Domestic version ( i.e gameplay make QQ one of Tencents four revenue pillars, they are worlds. Largely be attributed to PESTLE report or view the free sample complete report on our now... Operating profit for the first time countries and over 1 million facts: quick! Entertainment, Tencent made 18.1 % of Nvidia & # x27 ; s products services! Announced that the WeChat Video number officially opened for internal testing overseas gaming of... Main drawbacks the company has is its weak marketing strategies increase from 2019. within our business Solutions looking to a! Fee-Based VAS Subscriptions Grew 75.6 % over the past Five years 25 % topline growth generate... Company by revenue information ( November 16, 2022 6:29 AM | 1 read., Show sources information ( November 16, 2022 ). billion in revenue in 2019, Tencent derived %...
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