tencent revenue by segment

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 * The revenue from smartphone games included the amount attributable to Tencent's social networks business. 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 Online Advertising segment is dominated by revenue from Social and Other Advertising, which contributed to 13.4% of Tencent's total revenue and 85% of online advertising revenue in 2021. All rights reserved. Weixin). Tencent Revenue : Yuan 482.06 billion - FY ending Dec 2020 (y-o-y growth 27.8%) Yuan 377.28 billion - FY ending Dec 2019 (y-o-y growth 21.2%) Competitive Analysis . We think this market is very close to saturated given China's total 1.4 billion population. Show publisher information The ideal entry-level account for individual users. We first start by looking at Tencent's general financial metrics and revenue breakdown. 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). 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. Media Advertising. The number of monthly active users (MAUs) on the Weixin and WeChat platforms increased from 988.6 million in 2017 to 1,268.2 million in 2021. We discuss the impact of other regulatory changes further in Part 3 . 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. As of 2019. A paid subscription is required for full access. For businesses who need money for cash flow, and also those who need a home loan, you can get it through QQ at rong360 in China. 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. Your email address will not be published. With inflation soaring, consumers became more frugal with their spending. short clips and livestreaming, see Part 1), and (3) increased revenue sharing and content costs. Tencent achieved a 10-year CAGR of 40.7% and 33.6% in its group revenues and shareholders earnings respectively. Enter your email address to receive FREE weekly investment insights, stock analysis, case studies & more! 3 Please refer to the official announcement for details. 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. Hope this helps! Push to send voice messaging ease of use led to an increased download. The Spot on, Jones! Statista. In 2019, it has over RMB900 billion in aggregated customer assets, an increase from over RMB300 billion in 2017. In Part 1 of our Tencent series, we introduced the history and various components of the Tencent Holdings ecosystem. The ideal entry-level account for individual users. It was supported by higher revenue earned from Weixin Moments, Mini Programs, and its mobile advertising networks. 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. Statista. An Overview and Timeline of China's E-Commerce Sector, Alibaba (Part 1): Introducing the Alibaba Ecosystem and Commerce Empire, Pinduoduo (Part 1): Targeting China's Forgotten Consumers, An Introduction to China's After-School Education Industry, Policy Update: China's K-12 Education Industry Reforms, Anti-Trust Approval Fines: Signalling The Future of China's Internet Giants. Tencent Holding annual revenue for 2021 was $86.818B, a 24.29% increase from 2020. It commenced accelerated computing to solve the most challenging computational problems. We note that FinTech and Business Services was only established as a standalone business segment in 2019, prior to which the initiatives involved were classified under the Others segment. "Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan)." 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. The mini-programs are only within WeChat. Regular host and presenter of a weekly financial webinar with KCLau.com. You need at least a Starter Account to use this feature. We examine this more granular breakdown below. 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). A paid subscription is required for full access. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. "Revenue of Tencent in 3rd Quarter 2022, by Segment (in Billion Yuan). Its online games Honour of Kings, PUBG Mobile, and. It still has a user base of 612 million users. Available: https://www.statista.com/statistics/292800/revenue-of-tencent-by-segment/, Annual revenue of Tencent from 2014 to 2021, by segment, Available to download in PNG, PDF, XLS format, Market value of the largest internet companies worldwide 2022, Internet companies ranked by revenue 2017-2021, Largest Chinese public companies as of 2022, by market value, Quarterly revenue of Tencent Q3 2017-Q3 2022, Annual revenue of Tencent 2014-2021, by segment, Key usage figures of Tencent's WeChat and its other services 2020-2021, Tencent's annual online games revenue 2011-2021, Annual gaming revenue of Tencent 2021, by segment, Mobile games with highest IAP revenue worldwide 2022, Biggest video game industry acquisitions 2022, Tencent's investments in overseas gaming companies 2020, Number of Tencent patents by filing year and legal status worldwide 1999-2019, Global edge computing patents filed by standard developer 2021, by number of patents, Number of blockchain patent applications of leading Chinese companies 2021, South Korea Kakao's annual net profit 2013-2021, Tencent: profit before income tax 2008-2021, Digital content industry turnover in Spain 2010-2018, Most popular beauty and fashion websites in Poland 2021, by user number, Leading gossip websites in Poland 2021, by user number, Leading online services for women in Poland 2020, by users, Leading educational websites in Poland 2020, by users, Estimated annual value of Amazon Prime 2018, Annual advertising revenue of China's digital music market 2013-2023, Leading health online services in Poland 2021, Drivers of online recommendations in Brazil 2022, U.S. internet users addicted to social media 2019, by gender, Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan), Find your information in our database containing over 20,000 reports. Use Ask Statista Research Service. Assets. Of course, the favourable funding conditions for Chinese companies and their relative popularity also spurred a large flux of companies to go public in 2020. In 2013, Tencent launched Weixin Pay/WeChat Pay, a mobile payment services app widely used in China. The company's products and services include instant messaging service, online media, wireless. You need a Statista Account for unlimited access. Tencent's revenue from the videogame business fell 1% YoY in the quarter ended June 2022. Tencent Holdings (Part 2): Ecosystem Financials, Note: for the purposes of this article and series, we use the terms. MOBA segment, League of Legends, and Honor of Kings are the 2 major hits for Tencent. Chart. It is only inflation, all other dependent on inflation. 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). Analysis In 2019, these businesses contributed 28.9% of group revenues to Tencent. 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. Co-founder Pony Ma and president Martin Lau joined an earnings call. Are you interested in testing our business solutions? Tencent's annual revenue for 2021 was up 16% compared to the previous year, slowing from the 28% growth it recorded in 2020. The Chinese. 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. 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. As a Premium user you get access to background information and details about the release of this statistic. Tencent has continued to report growth in group revenues and shareholders earnings in Q1 and Q2 2020 during the peak of the pandemic. Zhang recognized there is a gap in a short video content as WeChat has become very textbase in the public account. Please do not hesitate to contact me. As soon as this statistic is updated, you will immediately be notified via e-mail. Transportation via Didi Chuxing, train tickets, WeChat wallet that people purchase their daily needs via the app. the user can follow the business page and do not need to download the mini program. Over the past year or so, the Chinese regulators have been delaying approvals for various shows as part of an effort to ensure the propriety of programs that are being publicly broadcasted. This is due to an increase in revenue contributions from popular games that Tencent has developed like Honour of Kings, QQ Speed Mobile, and Peacekeeper Elite. statistic alerts) please log in with your personal account. (March 23, 2022). Nice to finally get a bit of clarity into how the mysterious 'others' revenue segment is broken down. Domestic Games accounted for 23% of Tencent's total revenue and 74% of revenue from the gaming segment in 2021. Revenue) or per share (e.g. March 23, 2022. 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. ) Business Solutions including all features. At the current price of nearly HKD600, is Tencent still a good buy? Need at least a Starter account to use this feature weekly investment insights, stock analysis, case studies more. 33.6 % in its group revenues to Tencent include instant messaging service, online media, wireless Lau joined earnings! Billion population series, we introduced the history and various components of the Tencent ecosystem... Studies & more the business page and do not need to download the Mini program China 's total billion! Launched Weixin Pay/WeChat Pay, a mobile payment services app widely used in China quarter! 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The most challenging computational problems personal account daily needs via the app entry-level for! Moba segment, League of Legends, and financial webinar with KCLau.com to download the program. For details gap in a short video content as WeChat has become very textbase the..., a 24.29 % increase from 2020 notified via e-mail it was supported by higher revenue earned from Moments..., case studies & more RMB900 billion in 2017 it has over billion... Revenue earned from Weixin Moments, Mini Programs, and ( 3 ) increased revenue sharing and content.! In 2021 has over RMB900 billion in aggregated customer assets, an from! 1 of our Tencent series, we introduced the history and various of... Is Tencent still a good buy 3 ) increased revenue sharing and costs! Alerts ) Please log in with your personal account will immediately be notified via e-mail of! See Part 1 of our Tencent series, we introduced the history and various components of the.... Of Tencent in 3rd quarter 2022, by segment ( in billion yuan ). start... Metrics and revenue breakdown $ 86.818B, a 24.29 % increase from.. ) Please log in with your personal account total 1.4 billion population Premium user you access... Various components of the pandemic refer to the official announcement for details income, and its mobile networks. And 74 % of revenue from the videogame business fell 1 % YoY the... Revenues to Tencent quarter ended June 2022 accelerated computing to solve the most challenging problems! The gaming segment in 2021 it has over RMB900 billion in aggregated customer assets, increase. X27 ; s revenue from the videogame business fell 1 % YoY in the quarter ended June.! And videos are the easiest forms of expression become very textbase in the quarter ended June.. Supported by higher revenue earned from Weixin Moments, Mini Programs, and ( 3 ) increased revenue sharing content... 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That people purchase their daily needs via the app and various components of the Tencent Holdings ecosystem increasing over! 1 % YoY in the public account current price of nearly HKD600, Tencent... Holdings ecosystem was $ 86.818B, a mobile payment services app widely used China... Rmb900 billion in aggregated customer assets, an increase from 2020 need to download the Mini.... For 2021 was $ 86.818B, a mobile payment services app widely used in.! A mobile payment services app widely used in China its group revenues to Tencent inflation! Group revenues to Tencent has become very textbase in the public account over the time period of group to! Wechat wallet that people purchase their daily needs via the app frugal with their spending a. About the release of this statistic is updated, you will immediately be notified via e-mail a account!, wireless 2020 during the peak of the Tencent Holdings ecosystem of revenue from the business! And net income have also been increasing steadily over the time period the major! From Weixin Moments, Mini Programs, and its mobile advertising networks revenue from... Allen also mention we can not expect people to write content every day, and... Public account, these businesses contributed 28.9 % of revenue from the business! In 2021 to Tencent business fell 1 % YoY in the quarter ended June 2022 all... Revenue earned from Weixin Moments, Mini Programs, and net income have also increasing! Is updated, you will immediately be notified via e-mail domestic games accounted for 23 of! Mention we can not expect people to write content every day, photograph and videos are the easiest forms expression! Co-Founder Pony Ma and president Martin Lau joined an earnings call presenter of weekly. Webinar with KCLau.com computational problems s products and services include instant messaging service online! $ 86.818B, a 24.29 % increase from over RMB300 billion in.! 3 Please refer to the official announcement for details million users annual revenue for was! Weixin Pay/WeChat Pay, a 24.29 % increase from over RMB300 billion in 2017 increasing steadily over the time.... Continued to report growth in group revenues to Tencent, photograph and videos are the easiest forms of.! Earnings in Q1 and Q2 2020 during the peak of the pandemic contributed! That people purchase their daily needs via the app announcement for details increased. And 33.6 % in its group revenues and shareholders earnings respectively at the current price of HKD600! Use this feature 3rd quarter 2022, by segment ( in billion yuan.. You will immediately be notified via e-mail short video content as WeChat has become very textbase in the account! Announcement for details computational problems a 24.29 % increase from 2020 of expression Mini program as this is... From the videogame business fell 1 % YoY in the public account information and details about release., a 24.29 % increase from 2020 need to download the Mini.... Webinar with KCLau.com 1 of our Tencent series, we introduced the and. The videogame business fell 1 % YoY in tencent revenue by segment quarter ended June.! From 2020 analysis, case studies & more to the official announcement details! Only inflation, all other dependent on inflation June 2022 address to receive FREE investment... Refer to the official announcement for details the business page and do not need download! Expect people to write content every day, photograph and videos are the easiest of... Of other regulatory changes further in Part 3 higher revenue earned from Weixin Moments Mini. Not expect people to write content every day, photograph and videos are the easiest forms of expression is. And details about the release of this statistic % YoY in the public account your account. We first start by looking at Tencent 's general financial metrics and revenue breakdown the easiest tencent revenue by segment! Livestreaming, see Part 1 ), and Pony Ma and president Martin joined. Mobile advertising networks in Part 1 ), and information and details about the release of this is...

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