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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. 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. 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). 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As a Premium user you get access to the detailed source references and background information about this statistic. 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. We think this market is very close to saturated given China's total 1.4 billion population. MOBA segment, League of Legends, and Honor of Kings are the 2 major hits for Tencent. Register in seconds and access exclusive features. $123.3B. In 2013, Tencent launched Tencent Cloud. Tencent reported 21.8 billion yuan in revenue for ads, up 23 per cent for the quarter, driven by social ads on WeChat's Moments, a feature similar to Facebook's News Feed. 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). The Chinese tech giant Tencent continues to generate more revenue. The Chinese tech giant Tencent reported a revenue of around 72.7 billion yuan from value-added services in the third quarter of 2022. ", Tencent, Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan) Statista, https://www.statista.com/statistics/292800/revenue-of-tencent-by-segment/ (last visited March 02, 2023), Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan) [Graph], Tencent, March 23, 2022. MB.OS is designed and developed in-house to retain full control over the customer relationship, ensure data . Please do not hesitate to contact me. 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. Weixin). Any investment involves the taking of substantial risks, including (but not limited to) complete loss of capital. The launch date is still unknown and it will take a while for merchants to adopt the new digital currency if launched. In 2020, Tencent made two transactions to increase its equity stake in Huya Inc., a leading live game streaming platform in China. Revenues have increased from RMB622 million in 2013 to RMB108.9 billion in 2019. Its live streaming of game content includes e-sport tournaments such as League of Legends, King of Glory, and Peacekeeper Elite. Then you can access your favorite statistics via the star in the header. short clips and livestreaming, see Part 1), and (3) increased revenue sharing and content costs. Tencent, the biggest gaming company in the world has released it's Q4 2019 and the year's full earnings report. WeChat updated a new rule in October 2019, the platform will punish websites or apps that send links to mislead or entice users to download or redirect to an external app, Tencent Holdings and its key revenue pillars, How To Make Money In The Agriculture Business. The online games contributed 58.9% of the revenue with 104 billion yuan. Tencent's revenues related to the application mostly come from the domestic version (i.e. Show publisher information We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Chart. 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. Second, sales in 2019 was affected by the unpredictability in the broadcast schedules of its media platforms like Tencent video and Tencent news. On January 21, 2011, WeChat was officially released. There is also business functionality of QQ that is somewhat similar to Slack, Google Meet, Facebook Business. One of the main drawbacks the company has is its weak marketing strategies. For the full year, revenue in the segment was up 3% to $1.33 billion. You need at least a Starter Account to use this feature. 16.5 million Class B ordinary shares of Huya Inc. for US$262.6 million, acquire 30 million Class B ordinary shares of Huya Inc. for US$ 810 million from JOYY. Source: FactSet Tencent Holdings Dividend Calendar *Yield of. Need help with Tencent SWOT & PESTLE Analysis? Every investor has different strategies, risk tolerances and time frames. #4: Tencent's Online Advertising Revenue Mostly Derives From The Weixin Platform. As soon as this statistic is updated, you will immediately be notified via e-mail. 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. In 2021, Tencent recorded total revenue of RMB560.1 billion and operating income of RMB271.6 billion According to management, this distinction was implemented to "[reflect] the increasing scale of Tencent's international games business". Are you interested in testing our business solutions? The remainder of VAS revenue is reported as a combined sum of the Communication and Social and Digital Content sub-segments which together comprise 21% of total revenue. Gaming. Are you interested in testing our business solutions? In its social networks segment, Tencent generated revenues of 26.7B ($3.85B), representing an increase of 29% YoY. It was supported by higher revenue earned from Weixin Moments, Mini Programs, and its mobile advertising networks. FinTech Services revenue growth primarily reflected increasing commercial However, there is still room for further improvement in other game genres such as role-playing games. Show publisher information #2: Fee-Based VAS Subscriptions Grew 75.6% Over The Past Five Years. The company's products and services include instant messaging service, online media, wireless. 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. Note: slight discrepancies may exist between figures due to rounding. This voice messaging feature was only added much later in Whatsapp in August 2013. Dividend investor. In 2021, Tencent recorded total revenue of RMB560.1 billion and operating income of RMB271.6 billion, *Operating income is higher than gross profit in 2021 due to high net other gains of RMB149 billion, approximately half of which comprises of a gain on deemed disposal of JD Group, #2: Value-Added Services Account For Half Of Tencent's Revenues. Tencent just repurchased shares, a rarity for the company Finally, an announcement Thursday and Friday might have slipped under the noses of investors. Then you can access your favorite statistics via the star in the header. March 1, 2022 6:29 AM | 1 min read. Tencent Holdings is a Chinese technology conglomerate holding company that was founded in November 1998. On January 22, the Tencent WeChat team announced that the WeChat video number officially opened for internal testing. Domestic Games accounted for 23% of Tencent's total revenue and 74% of revenue from the gaming segment in 2021. Please create an employee account to be able to mark statistics as favorites. This statistic is not included in your account. 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. 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. Revenue climbed 20% to 138.3 billion yuan, in line with expectations. 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. Register in seconds and access exclusive features. Users can chat with friends anytime, anywhere, videos, emoticons, other personalized themes for users, make new friends with similar interests here via groups. Given a history of +5-10% revenue growth, and . The key to success on this front is a strong product portfolio that covers a broader customer base, according to Li. On 3 April 2020, Tencent acquired 16.5 million Class B ordinary shares of Huya Inc. for US$262.6 million. #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. So, how did Tencent fare during the first half of 2020? 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. to incorporate the statistic into your presentation at any time. We first start by looking at Tencent's general financial metrics and revenue breakdown. Statista. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. to incorporate the statistic into your presentation at any time. 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). Tencent Holding annual/quarterly revenue history and growth rate from 2011 to 2021. Impact of Chinas reopening on Singapore REITs, Top 3 Hong Kong REITs that made you money if you invested from their IPOs (Updated 2023). 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). Tencent Games is one of Tencents four revenue pillars, they are the worlds biggest game company by revenue. Tencent's revenue from the videogame business fell 1% YoY in the quarter ended June 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. 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%. Successful WeChat Mini Programme. 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. It further helps to keep you ahead of your business competitors. The FinTech and business services segment refers to revenue generated from Tencent's financial technology (FinTech) business, cloud computing initiatives, and other business services. Feature was only added much later in Whatsapp in August 2013. Dividend investor include instant messaging service online! Yuan, in line with expectations and time frames more revenue team announced that the WeChat video number opened. Strategies, risk tolerances and time frames revenue of around 72.7 billion yuan, in line with.. Up 3 % to $ 1.33 billion, League of Legends, and its mobile Advertising.. To mark statistics as favorites relationship, ensure data has different strategies, risk and! 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