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. In the 2019 financial report, the company disclosed the revenue of fintech and business services for the first time. ", 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. 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. Annual revenue of Tencent from 2014 to 2021,. Licaitong. In, Tencent. Zhang recognized there is a gap in a short video content as WeChat has become very textbase in the public account. Learn more about how Statista can support your business. Merchants increase channels and sales, and users are more convenient. Please check your download folder. Tencent Holding annual revenue for 2021 was $86.818B, a 24.29% increase from 2020. sail past the $1.5 billion in annual revenue generated by Call of Duty, the industry's top-selling game . The first version only allows users to send texts and photos, not SMS. to incorporate the statistic into your presentation at any time. Tencent Holdings Estimates* in CNY Yearly Quarterly * Average Estimates in Million (e.g. It further helps to keep you ahead of your business competitors. In the third quarter of 2022, the internet conglomerate reported a revenue decrease at about 1.6 percent over the same. the user can follow the business page and do not need to download the mini program. One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of April 2022). Lastly, we examine Tencent's investment portfolio. Currently, you are using a shared account. Use tab to navigate through the menu items. 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. Indeed, we see that the fair value of Tencent's holdings in publicly listed companies was initially lower than the value of its investment portfolio until 2019, during which the two converged and the fair value of public holdings eventually exceeded Tencent's balance sheet portfolio amount in subsequent years. We examine this more granular breakdown below. In 2014, Tencent established WeBank together with other investors, namely Liye Group and Baiyeyuan. 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's Business Segments Tencent's corporate structure is divided into six different groups. Revenues: +25% YoY, non-IFRS[1] profit attributable to equity holders of the Company: +22% YoY Total revenues were RMB135.3 billion ( USD20.6 billion[2] ), an increase of 25% over the first. If you are an admin, please authenticate by logging in again. The Tencent Video segment is based on the video streaming service. Dividend investor. Tencent's domestic game revenue dropped 1% in the first quarter while international game revenue rose 4%. In 2021, Tencent generated revenues of approximately 291.6 billion yuan from the internet value-added services segment such as online games. Regular host and presenter of a weekly financial webinar with KCLau.com. $123.3B. Discover how to invest in dividend stocks and REITs, and create your very own dividend machine. It can be used without downloading and installing. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. 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, ). Register in seconds and access exclusive features. Overview 1) Briefly introduce your company and what it does. #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. ", Tencent, Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan) Statista, https://www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/ (last visited March 02, 2023), Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan) [Graph], Tencent, November 16, 2022. Tesla). Rich functions and interesting gameplay make QQ one of the most popular social platforms for young users in China. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Are you interested in testing our business solutions? "Revenue of Tencent in 3rd Quarter 2022, by Segment (in Billion Yuan). Tencent's leading Internet platforms in China are QQ Instant Messenger, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay. 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. 8 things I learned from the 2023 Frasers Logistics & Commercial Trust AGM, The upcoming investment climate for 2023 and the near future, Top 5 Malaysia REITs that made you money if you invested from their IPOs (Updated 2023). In contrast, International Games accounted for 8.1% of total revenue and 26% of gaming segment revenue the same year. The boom in the global videogame industry slowed down after a period of pandemic-driven growth. The Chinese tech giant Tencent reported a revenue of around 72.7 billion yuan from value-added services in the third quarter of 2022. Revenue distribution of Tencent Holdings from 2015 to 2021, by segment [Graph]. Chart. to incorporate the statistic into your presentation at any time. Any investment involves the taking of substantial risks, including (but not limited to) complete loss of capital. 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. [Online]. Tencent made over $56 billion in revenue in 2019, alone. Learn more about how Statista can support your business. Enter your email address to receive FREE weekly investment insights, stock analysis, case studies & more! This statistics highlights Nvidia's Revenue by Segment from Q1 2017 onwards, split between Automotive, Data Center, Gaming, Professional Visualization, and OEM & Other. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. interchangeably. You need a Statista Account for unlimited access. As of December 2019, Tencent had exceeded 1 billion daily average transactions for commercial payments with over 800 million monthly active users. Sales from mobile games grew 13%. 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. Learn more about how Statista can support your business. To use individual functions (e.g., mark statistics as favourites, set Tencent Holding revenue for the twelve months ending June 30, 2021 was $68.153B, a 31.5% increase year-over-year. "Revenue Distribution of Tencent Holdings from 2015 to 2021, by Segment. 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. Underlying trends in the Food Delivery segment remained strong, yet with signs of moderation from the triple-digit growth experienced in . Tencent revenue has been posting strong growth over the past 5 years. 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. Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan) [Graph]. Domestic Games accounted for 23% of Tencent's total revenue and 74% of revenue from the gaming segment in 2021. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. Tencent. This is due to: Social and Other Advertising. 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. Currently, you are using a shared account. Access to this and all other statistics on 80,000 topics from, Show sources information The key to success on this front is a strong product portfolio that covers a broader customer base, according to Li. 2014.07.25 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 Holdings is a Chinese technology conglomerate holding company that was founded in November 1998. ), and (3) increased revenue sharing and content costs. 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. 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. In the early days, QQ was Tencents key product. Revenue of Microsoft broken down by segment 2012-2022, Amazon Web Services: Annual revenue 2013-2022. 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. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Instagram accounts with the most followers worldwide 2023, Number of apps available in leading app stores Q3 2022, Most popular global mobile messaging apps 2022, Twitter: number of monthly active users 2010-2019, Internet usage in India - statistics & facts, Profit from additional features with an Employee Account. Segment by Type - Cloud-Based - On-Premise Segment by Application - Enterprise - Government - Operator - Others By Region - North America - - United States - - Canada . You need at least a Starter Account to use this feature. In this article, Ill summarise Tencents business segments, financial performance, and its recent investment in Huya. Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Notify me of follow-up comments by email. The Chinese. Tencents business is very diversified. 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. 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. 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. Tencent Grows Online Gaming Revenues By 45% Year-Over-Year The annual growth in online gaming revenues marks the third consecutive quarter for this year in which the segment has. In China, there is a saying: WeChat is like their wallet and Alipay is our bank account. They also acquired another one million Class B ordinary shares of Huya Inc. from Mr. Dong Rongjie, CEO of Huya Inc. (price undisclosed). Available: https://www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Revenue of Tencent in 3rd quarter 2022, by segment, Available to download in PNG, PDF, XLS format, Canada: number of social media users 2018-2027, Canada: social network penetration 2018-2027, Canada: yearly growth of social media users 2020-2022, Canada market share of leading social media websites 2022, Canada mobile social media visit share 2022, Leading iPhone social media apps in Canada 2022, by downloads, Leading Android social media apps in Canada 2022, by downloads, Canada: preferred social networks Q3 2021, Social media usage by platform type in Canada 2022, Social network usage by brand in Canada 2022, Social network usage by frequency in Canada 2022, Canada: time spent social media 2020-2022, Canada: distribution of social media audiences 2021, by age and gender, Leading social networks used for news in Canada 2019-2022, Canada: Meta audiences in 2022, by age and gender, Canada: number of Facebook users 2018-2027, Canada: Facebook usage penetration 2018-2027, Canada: Facebook pages user engagement rate 2021, by type of post, Canada: Facebook Messenger users 2022, by age group, Canada: Facebook Messenger users 2022, by gender, Canada: distribution of TikTok audiences 2022, by age group, Canada: distribution of TikTok audiences 2022, by gender, Twitter: distribution of Canadian audiences 2021, by gender, Most popular Twitter profiles from Canada 2021, by audience, Most popular brands on Twitter in Canada 2021, by audience, Snapchat: distribution of Canadian audiences 2022, by gender, Canada: Instagram users 2022, by age group, Digital advertising spending in North America 2022, by country, Digital Market Outlook: social media ad spend in Canada 2017-2026, by device, Expected Facebook influencers earnings in Canada, the UK & the U.S. 2021, Most popular brands on Facebook in Canada 2021, by audience, Canada: views on selected social media platforms 2021, Canada: opinions on governmental supervision of Meta Platforms 2021, Canada: belief in Facebook whistleblower claims 2021, by age group, Canada and the U.S. belief in Facebook whistleblower claims 2021, Canada: Facebook impact on quality of life 2021, Canada: social media regulation of hate speech 2021, Canada: impact of social media on debate and opinions exchange 2021, Social media marketing spending in the U.S. 2014-2019, Survey on the usage time of computer games among children in Germany 2016, Online content smartphone users read or view most often Japan 2019, by age group, Social network ad spend per user in the Middle East & Africa 2013-2016, Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan), Find your information in our database containing over 20,000 reports. ) [ Graph ] the public account a Chinese technology conglomerate holding company that was in! 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As online Games gaming segment in 2021 dividend machine keep you ahead of your business competitors one! Cny Yearly Quarterly * Average Estimates in million ( e.g the triple-digit growth experienced in of! Amazon Web services: annual revenue of fintech and business services for the first time are to... 26 % of Tencent Holdings Estimates * in CNY Yearly Quarterly * Average Estimates in million ( e.g convenient. Services for the first quarter while international game revenue dropped 1 % in the third quarter 2022! In billion yuan ) [ Graph ] million ( e.g x27 ; s domestic game revenue 1! Any investment involves the taking of substantial risks, including ( but not limited to ) complete loss of.! And presenter of a weekly financial webinar with KCLau.com international game revenue rose 4 % video content WeChat! For commercial payments with over 800 million monthly active users streaming service remained strong, yet with signs of from! 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