tencent revenue by segment

To use individual functions (e.g., mark statistics as favourites, set As a Premium user you get access to background information and details about the release of this statistic. Discover how to invest in dividend stocks and REITs, and create your very own dividend machine. So, how did Tencent fare during the first half of 2020? 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. Get full access to all features within our Business Solutions. Its online games Honour of Kings, PUBG Mobile, and. 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. 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Are you interested in testing our business solutions? Are you interested in testing our business solutions? 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). WeBank. Register in seconds and access exclusive features. 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. The results come amid investor concerns that Tencent will continued to be ensnared in an . Transportation via Didi Chuxing, train tickets, WeChat wallet that people purchase their daily needs via the app. Tencent has in recent years spent heavily on making original content and licensing programs as it competes with Baidu's iQiyi video streaming . Then you can access your favorite statistics via the star in the header. In 2021, Tencent recorded total revenue of RMB560.1 billion and operating income of RMB271.6 billion Due to the ecosystem of mini-programs, people will use WeChat Pay for transportation, food, etc. The company disclosed the figures related to its fintech and business service revenue for the first time in its 2019 financial report with restated 2018 figures. Successful WeChat Mini Programme. 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. In, Tencent. You can only download this statistic as a Premium user. The Chinese tech giant Tencent reported a revenue of around 72.7 billion yuan from value-added services in the third quarter of 2022. . #1: The Weixin/WeChat Market Is Saturated, While QQ is Declining in Popularity. 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. In 2021, Tencent generated revenues of approximately 291.6 billion yuan from the internet value-added services segment such as online games. Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. The online games contributed 58.9% of the revenue with 104 billion yuan. One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of April 2022). In 2019, it has a total revenue 377.3B ($53.52 B). Please create an employee account to be able to mark statistics as favorites. . Social media: active usage penetration in selected countries and territories 2023, Social network users in selected countries in 2022 and 2027, Social media: global penetration rate 2023, by region, Canada: Facebook users 2022, by age group. to incorporate the statistic into your presentation at any time. Sales from mobile games grew 13%. 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. "Revenue distribution of Tencent Holdings from 2015 to 2021, by segment." Comparing the five REIT ETFs listed in Singapore: Which should you pick? 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. Note: offline and online entertainment programs are required to obtain regulatory approval before airing or streaming in China. Dividend investor. [Online]. A paid subscription is required for full access. 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 major producers in this industry include Tencent, Microsoft, Sony, etc., whose annual revenue accounts for 4.16%, 4.08% and 3.99% respectively. "Revenue of Tencent in 3rd Quarter 2022, by Segment (in Billion Yuan). On 3 April 2020, Tencent acquired 16.5 million Class B ordinary shares of Huya Inc. for US$262.6 million. Use Ask Statista Research Service. Riot Games' Teamfight Tactics enhanced The revenue segment can be broken down into two sub-segments: (1) FinTech, and (2) Cloud and Other Business Services. Yachts Charter Market size was valued at US$ 16.7 Bn. "Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan)." In contrast, International Games accounted for 8.1% of total revenue and 26% of gaming segment revenue the same year. Segment by Type - Cloud-Based - On-Premise Segment by Application - Enterprise - Government - Operator - Others By Region - North America - - United States - - Canada . They also acquired another one million Class B ordinary shares of Huya Inc. from Mr. Dong Rongjie, CEO of Huya Inc. (price undisclosed). Please do not hesitate to contact me. I'm especially curious if anyone particularly loves/hates this at $67/share. FinTech Services revenue growth primarily reflected increasing commercial statistic alerts) please log in with your personal account. [Online]. PDF. You need a Statista Account for unlimited access. Source: FactSet Tencent Holdings Dividend Calendar *Yield of. Tencent, which gets 32% of its revenue from video games, unveiled more than 60 new titles at its annual video gaming conference last week. 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 Specifically, Tencent repurchased 180,000. "Annual Gaming Revenue of Tencent in 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%. 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 Part 1) 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. As a Premium user you get access to background information and details about the release of this statistic. In China, there is a saying: WeChat is like their wallet and Alipay is our bank account. Tencent Holdings Limited is an Internet service portal. Lau was referring to a segment that included Tencent's new cloud business, which posted its first annual revenue of 9.1 billion yuan ($1.36 billion). 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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 . Tencent made over $56 billion in revenue in 2019, alone. If you are an admin, please authenticate by logging in again. Over the past 6 months, the stock has traded down approximately 30% from $100/share. Hope this helps! Tencent Cloud Revenue Growth Rate in Anti-DDoS System (ADS) Platform Business (2018-2023) Figure 59. 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. You can only download this statistic as a Premium user. 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. Tencent's domestic game revenue dropped 1% in the first quarter while international game revenue rose 4%. Tencent provides value-added Internet, mobile and telecom services and online advertising. Advertising revenues decreased by 25% to RMB3.2 billion, reflecting lower advertising revenues from Tencent Video and Tencent News services. Tencent just repurchased shares, a rarity for the company Finally, an announcement Thursday and Friday might have slipped under the noses of investors. ), and (3) increased revenue sharing and content costs. 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. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. ", 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. Learn more about how Statista can support your business. Tencent's VAS comprise two sub-segments - Gaming and Social Network. Tesla). Tencent's leading Internet platforms in China are QQ Instant Messenger, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay. 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. ", 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. 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. In the last six years, this segment attained a CAGR of 28.2% in revenues where it increased from RMB45.0 billion in 2013 to RMB200.0 billion in 2019. Show publisher information We have also set the operating . Press release - DeepResearchReports - Global Short Video Ads Solution Market Emerging Trends, Segment Analysis and Industry Forecast 2023 - 2029 - published on openPR.com [Online]. Since its founding, Tencent has found new income streams including high-performance advertising, gaming, digital content, and fintech services. Annual revenue of Tencent from 2014 to 2021,. You need at least a Starter Account to use this feature. 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. 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. PDF. This is driven by e-commerce festivals such as the Double Eleven and Double Twelve, e-commerce giants such as Ali and JD.com. By region, North America had the highest share . This statistic is not included in your account. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Past 6 months, the stock has traded down approximately 30 % to RMB43.3 billion the... 0.16 U.S. dollars and 0.14 euros ( as of April 2022 ) ''! The internet value-added services in the header past five years, please authenticate by logging in again release this... Year-On-Year basis this statistic as a Premium user within our Business Solutions 16.7 Bn,.!, North America had the highest share listed in Singapore: Which should you pick will. About how Statista can support your Business create an employee account to be ensnared an... To background information and details about the release of this statistic sub-segments - gaming and Social Network alone. Is driven by e-commerce festivals such as the Double Eleven and Double Twelve, e-commerce giants such as Double! 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