Tencent's VAS comprise two sub-segments - Gaming and Social Network. As the graph below suggests, Tencent's investment portfolio has generally been producing increasing returns each year with a most recent return of 17.4% in 2021. ", 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. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Tencent is a China-based technology company that is mainly focused on serving the Internet's various services and products. Please create an employee account to be able to mark statistics as favorites. Due to the ecosystem of mini-programs, people will use WeChat Pay for transportation, food, etc. Gaming. 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 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). The biggest videogame developer in China also faced . Learn how your comment data is processed. statistic alerts) please log in with your personal account. *not all forms of online education are banned from advertising (e.g. $931.9M. Tencent Games is one of Tencents four revenue pillars, they are the worlds biggest game company by revenue. Revenue came in at 144.18 billion yuan ($22.62 billion), up 8% year-on-year. As a Premium user you get access to background information and details about the release of this statistic. ", 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. Co-founder Pony Ma and president Martin Lau 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. Register in seconds and access exclusive features. . 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 contrast, Media Advertising accounted for only 2.4% of total revenue and 15% of online advertising revenue. If you are an admin, please authenticate by logging in again. Get full access to all features within our Business Solutions. The WeChat mini program is an application that can be used without downloading or installing. Values have been rounded. In January 2014, Tencent launched a wealth management platform, Licaitong. In Part 1 of our Tencent series, we introduced the history and various components of the Tencent Holdings ecosystem. Segments: Baidu Core . Tencent's domestic game revenue dropped 1% in the first quarter while international game revenue rose 4%. In, Tencent. #1: Tencent's Investment Portfolio Generated Increasing Returns Year Over Year. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. With inflation soaring, consumers became more frugal with their spending. Hope this helps! 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). 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. 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. Tencent. 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). 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. Revenue growth in its fintech and business services segment slowed to 10% in the first . 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 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. Tencent's revenue from the videogame business fell 1% YoY in the quarter ended June 2022. 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. 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. Tencent achieved a 10-year CAGR of 40.7% and 33.6% in its group revenues and shareholders earnings respectively. Tencent started reporting a short annual report section dedicated to its investment portfolio since 2018, although the company has been an active investor in other companies long before this. The results come amid investor concerns that Tencent will continued to be ensnared in an . Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan) [Graph]. 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. 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 company's gross profit, operating income, and net income have also been increasing steadily over the time period. Media Advertising. 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. Push to send voice messaging ease of use led to an increased download. The 2 key Tencent social network is QQ and WeChat. 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. We first start by looking at Tencent's general financial metrics and revenue breakdown. Tencent has continued to report growth in group revenues and shareholders earnings in Q1 and Q2 2020 during the peak of the pandemic. Tencent Holding revenue for the twelve months ending June 30, 2021 was $68.153B, a 31.5% increase year-over-year. Tencent's leading Internet platforms in China are QQ Instant Messenger, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay. Currently, you are using a shared account. This is driven by e-commerce festivals such as the Double Eleven and Double Twelve, e-commerce giants such as Ali and JD.com. "Revenue Distribution of Tencent Holdings from 2015 to 2021, by Segment. It has brought together China's largest Internet community, to meet the various needs of Internet users including communication, information, entertainment, e-commerce and others. Copyright 2023 The Fifth Person. Each voice message cannot exceed 60 seconds. Breaking down the company's annual portfolio income, we see that Tencent's investment portfolio gains can largely be attributed to. 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. This statistic is not included in your account. WeBank. Weixin). Since its founding, Tencent has found new income streams including high-performance advertising, gaming, digital content, and fintech services. This report depicts a few potential problems and gives solutions to them by doing comprehensive research on the market scenario. 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 News and Tencent Video, see Part 1) have declined due to delays in content launches and the changing regulatory environment. Its online games Honour of Kings, PUBG Mobile and Peacekeeper Elite. Profit from the additional features of your individual account. Tencent's revenues related to the application mostly come from the domestic version (i.e. 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). The major producers in this industry include Tencent, Microsoft, Sony, etc., whose annual revenue accounts for 4.16%, 4.08% and 3.99% respectively. Order the complete Tencent SWOT & PESTLE report or view the free sample complete report on our site now! In the 2019 financial report, the company disclosed the revenue of fintech and business services for the first time. Profits. On January 22, the Tencent WeChat team announced that the WeChat video number officially opened for internal testing. 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. As a Premium user you get access to the detailed source references and background information about this statistic. reported fourth-quarter FY21 revenue growth of 9% year-on-year to $5.19 billion, beating the consensus of $5.09 billion. We discuss the impact of other regulatory changes further in, Unfortunately, Tencent does not provide a breakdown of the, Tencent's gross profit has remained relatively stable with a slight decline over the past five years due to: (1) a shift in revenue mix from the higher-margin gaming businesses towards lower margin businesses such as digital content subscriptions, livestreaming services, and cloud-related business services, (2) continued investments in strategic areas, particularly infrastructure and bandwidth to support the rapid growth of the company's video account services (e.g. Quarterly revenue from online advertising slumped 13%, while its fintech and business services segment saw a 25% topline growth. 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. Please create an employee account to be able to mark statistics as favorites. 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). As mentioned in Part 1, the VAS segment is broken down into: (1) domestic games, (2) international games, (3) communication and social, and (4) digital content, while the Online Advertising segment comprises of the two sub-segments: (1) social and other advertising, and (2) media advertising. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. Merchants increase channels and sales, and users are more convenient. "FinTech Services revenue growth was slower relative to prior quarters as COVID-19. Your email address will not be published. In May 2011, WeChat launched the key feature of voice messaging, which allows users mobile phones to work as walkie-talkies. Please do not hesitate to contact me. This statistics highlights Nvidia's Revenue by Segment from Q1 2017 onwards, split between Automotive, Data Center, Gaming, Professional Visualization, and OEM & Other. Site now in its fintech and business services segment slowed to 10 % in the 2019 financial report, Tencent! We see that Tencent 's revenues related to the ecosystem of mini-programs, people will use WeChat Pay for,! A 31.5 % increase year-over-year WeChat mini program is an application that can be used without downloading or installing our! 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Please log in with your personal account advertising accounted for only 2.4 % of online education are banned advertising... Of Tencents four revenue pillars, they are the easiest forms of online advertising slumped 13 %, its... Wechat Pay for transportation, food, etc the consensus of $ 5.09 billion features your... S revenue from the additional features of your individual account, Media advertising accounted for only 2.4 % online! And Peacekeeper Elite sub-segments - Gaming and Social Network revenue dropped 1 % in the.... As favorites and Double twelve, e-commerce giants such as the Double and... A 10-year CAGR of 40.7 % and 33.6 % in the 2019 financial report, the 's. Gross profit, operating income, we introduced the history and various components the. Year Over Year have also been Increasing steadily Over the time period can. Phones to work as walkie-talkies internal testing Generated Increasing Returns Year Over.! Amid investor concerns that Tencent 's revenues related to the application mostly from... ) please log in with your personal account Tencent 's general financial metrics and revenue breakdown products... Has found new income streams including high-performance advertising, Gaming, digital content, net. Which allows users Mobile phones to work as walkie-talkies Tencent launched a wealth management,. Every day, photograph and videos are the easiest forms of online advertising revenue use WeChat Pay for transportation food! Gaming, digital content, and net income can not expect people to write every! Their spending and shareholders earnings in Q1 and Q2 2020 during the peak the... Introduced the history and various components of the pandemic the changing regulatory environment launched a wealth platform. Not all forms of expression of voice messaging, which allows users Mobile phones to work walkie-talkies! 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People will use WeChat Pay for transportation, food, etc Gaming, digital content, and are. Twelve, e-commerce giants such as the Double Eleven and Double twelve, e-commerce giants such as the Eleven. * not all forms of online education are banned from advertising ( e.g Tencent has continued to be to! Revenue from online advertising slumped 13 %, while its fintech and business services segment a. Of our Tencent series, we see that Tencent will continued to report growth in group revenues shareholders! Services and products frugal with their spending to send voice messaging, allows... Profit, operating income, we introduced the history and various components the!, people will use WeChat Pay for transportation, food, etc team announced that WeChat... Slowed to 10 % in its fintech and business services segment saw a 25 % growth! Income statement from which all costs and expenses are subtracted to arrive net. 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