As a Premium user you get access to the detailed source references and background information about this statistic. Note: offline and online entertainment programs are required to obtain regulatory approval before airing or streaming in China. In, Tencent. 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). A paid subscription is required for full access. On January 21, 2011, WeChat was officially released. Tencent's domestic game revenue dropped 1% in the first quarter while international game revenue rose 4%. Tencent. Since its founding, Tencent has found new income streams including high-performance advertising, gaming, digital content, and fintech services. So, how did Tencent fare during the first half of 2020? WeBank. "Revenue distribution of Tencent Holdings from 2015 to 2021, by segment." The ideal entry-level account for individual users. It is looking to launch a mobile version of its League. Regular host and presenter of a weekly financial webinar with KCLau.com. 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. First, revenues in 2018 was boosted by its broadcasting of the FIFA World Cup in Russia. Tencent has also claimed five of the top ten most popular smartphone games in the world, this is counted by the daily active users on the game. As of 23 November 2020, Tencents market capitalisation stood at HK$5.6 trillion. Learn more about how Statista can support your business. 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. Tencent revenue has been posting strong growth over the past 5 years. Revenues had grown from RMB12.4 billion in 2009 to RMB377.3 billion in 2019. statistic alerts) please log in with your personal account. The mini-programs are only within WeChat. Revenue came in at 144.18 billion yuan ($22.62 billion), up 8% year-on-year. Every investor has different strategies, risk tolerances and time frames. 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. In the early days, QQ was Tencents key product. PDF. . The revenue segment can be broken down into two sub-segments: (1) FinTech, and (2) Cloud and Other Business Services. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. You can only download this statistic as a Premium user. 2014.07.25 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). In the 2019 financial report, the company disclosed the revenue of fintech and business services for the first time. 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. The revenues were driven by live-streaming platform Huya, which is controlled by Tencent and was consolidated as a subsidiary from April 2020, and music subscription growth. Please create an employee account to be able to mark statistics as favorites. Tencents business model: How Tencent makes money. *not all forms of online education are banned from advertising (e.g. Note: for the purposes of this article and series, we use the terms Weixin and WeChat interchangeably. 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. Push to send voice messaging ease of use led to an increased download. [Online]. 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 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. A paid subscription is required for full access. In 2019, these businesses contributed 28.9% of group revenues to Tencent. 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. To use individual functions (e.g., mark statistics as favourites, set Tencent's leading Internet platforms in China are QQ Instant Messenger, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay. Please Select Your Region To Receive Customized Content, Your information is safe and secure with us, Almost done! The key to success on this front is a strong product portfolio that covers a broader customer base, according to Li. Tencent Video Subscriptions: This segment contributes an estimated RMB 9.6 bln ($1.5 bln) which is 1.9% of revenues. The online games contributed 58.9% of the revenue with 104 billion yuan. In 2019, Tencent generated RMB15.5 billion in media advertising revenues, a 15.4% decline from RMB18.3 billion in 2018. Chart. 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. In particular, the high net gains on disposals and deemed disposals of investee companies in 2021 was more than half driven by the deemed disposal of JD Group. 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). Riot Games' Teamfight Tactics enhanced May 23, 2022 The Chinese entertainment tycoonTencent reported a total revenue of 174.3 billion yuan from online games in 2021. 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 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. In contrast, QQ's smart device MAU has been declining since 2018 from 699.8 million MAUs to 552.1 million in 2021 (Tencent does not report an MAU number for non-smart devices). Your email address will not be published. Merchants increase channels and sales, and users are more convenient. Order the complete Tencent SWOT & PESTLE report or view the free sample complete report on our site now! The Spot on, Jones! Weixin). Baidu Inc. BIDU. 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. ", 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. Need help with Tencent SWOT & PESTLE Analysis? Please check your download folder. Get full access to all features within our Business Solutions. ", 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. The company's products and services include instant messaging service, online media, wireless. 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. It was supported by higher revenue earned from Weixin Moments, Mini Programs, and its mobile advertising networks. Almost done! On 3 April 2020, Tencent acquired 16.5 million Class B ordinary shares of Huya Inc. for US$262.6 million. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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. [Online]. It is social, free and popular on mobile -- the fastest growing segment of gaming. Tencent News and Tencent Video, see Part 1) have declined due to delays in content launches and the changing regulatory environment. 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. Management claims that the decline in QQ's smart device MAU is due to Tencent's purging of spam and bot accounts, although we think that consumer switching from QQ to Weixin also plays a role as users migrate from the more PC-oriented QQ platform to mobile-friendly Weixin (see Part 1). Revenue distribution of Tencent Holdings from 2015 to 2021, by segment [Graph]. The market tends to be driven solely by the domestic players in the near-term I'm especially curious if anyone particularly loves/hates this at $67/share. Transportation via Didi Chuxing, train tickets, WeChat wallet that people purchase their daily needs via the app. $931.9M. In January 2014, Tencent launched a wealth management platform, Licaitong. This is a win-win situation. Currently, you are using a shared account. The FinTech and business services segment refers to revenue generated from Tencent's financial technology (FinTech) business, cloud computing initiatives, and other business services. Alibaba Cloud Computing Revenue Growth Rate in . Any investment involves the taking of substantial risks, including (but not limited to) complete loss of capital. Tencent's revenues related to the application mostly come from the domestic version (i.e. In 2019, Tencent derived 53% of group revenues from its VAS businesses. Tencent is the dominant name when it comes to gaming in China and is even reported as the world's largest video game vendor.The Chinese gaming giants also have a stranglehold in the mobile gaming segment, generating large amounts of revenue. The ideal entry-level account for individual users. 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. Accessed March 02, 2023. https://www.statista.com/statistics/292800/revenue-of-tencent-by-segment/, Tencent. Learn more about how Statista can support your business. In, Tencent. By region, North America had the highest share . If you are an admin, please authenticate by logging in again. However, more people will choose to store money in Alipay due to financial services like investment products, Yuebao, Yulibao, funds, gold, stocks, and other financial management tools.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[250,250],'investpit_com-leader-1','ezslot_15',124,'0','0'])};__ez_fad_position('div-gpt-ad-investpit_com-leader-1-0'); A recent leak revealed a test version of a mobile digital currency app reportedly developed by one of Chinas largest state-owned banks, the Agricultural Bank of China. 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. Are you interested in testing our business solutions? interchangeably. Get full access to all features within our Business Solutions. 2014.11.13 Warner Music Group and Tencent enter groundbreaking strategic partnership in China . A huge part of this monetization is through WeChat mini-programs. Values have been rounded. The Tencent Video segment is based on the video streaming service. [Online]. 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. A paid subscription is required for full access. Please complete this form and click the button below to subscribe. 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, Twitter: number of monthly active users 2010-2019, Internet usage in India - statistics & facts, Profit from additional features with an Employee Account. You only have access to basic statistics. . It still has a user base of 612 million users. SoundHound Just Got $100M From . Overview 1) Briefly introduce your company and what it does. Use tab to navigate through the menu items. Tencent Holding annual revenue for 2020 was $69.851B, a 27.95% increase from 2019. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. This statistic is not included in your account. 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 fall in sales was attributable to two main factors. "Revenue Distribution of Tencent Holdings from 2015 to 2021, by Segment. March 23, 2022. Analysis Operating profit for the segment was $538 million. to incorporate the statistic into your presentation at any time. Slowing Videogaming Segment. Tencent's revenue from the videogame business fell 1% YoY in the quarter ended June 2022. (March 23, 2022). 2) Discuss whether the company operates as one or multiple business segments, list any business segments, and explain which business segment will be the focus of your paper (see below). The company's gross profit, operating income, and net income have also been increasing steadily over the time period. It owns a 30% interest in WeBank for a total investment of RMB900 million. reported fourth-quarter FY21 revenue growth of 9% year-on-year to $5.19 billion, beating the consensus of $5.09 billion. 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. Please do not hesitate to contact me. Gaming. 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. ) Click here to subscribe and stay tuned for future updates! To use individual functions (e.g., mark statistics as favourites, set 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. Hope this helps! As a Premium user you get access to background information and details about the release of this statistic. During the second quarter of 2020, the company posted net sales (revenue) of RMB 114.83 billion. You need at least a Starter Account to use this feature. Assets. Comparing the five REIT ETFs listed in Singapore: Which should you pick? Nvidia Corporation is an American multinational technology company. This statistic shows the revenue distribution of Tencent from the fiscal year 2015 to 2021, by segment. Gaming. [Online]. 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. 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. The compute and networking segment delivered revenue of $3.0 billion in Q3 FY 2022, up 55.3% from the year-ago quarter. In 2019, Tencent derived 53% of group revenues from its VAS businesses. 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). Then you can access your favorite statistics via the star in the header. Cloud Services. As stated in Tencent's 2020 official interim report, it makes revenue from its four major lines of business as enumerated below; In contrast, International Games accounted for 8.1% of total revenue and 26% of gaming segment revenue the same year. Profit. Segment by Type - Cloud-Based - On-Premise Segment by Application - Enterprise - Government - Operator - Others By Region - North America - - United States - - Canada . 3 Please refer to the official announcement for details. In 2019, it has a total revenue 377.3B ($53.52 B). The Chinese tech giant Tencent reported a revenue of around 72.7 billion yuan from value-added services in the third quarter of 2022. You need at least a Starter Account to use this feature. As soon as this statistic is updated, you will immediately be notified via e-mail. It commenced accelerated computing to solve the most challenging computational problems. The Chinese. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. We examine this more granular breakdown below. Of the 236 million paid subscriptions in 2021, 124 million were, 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. ) In May 2011, WeChat launched the key feature of voice messaging, which allows users mobile phones to work as walkie-talkies. As soon as this statistic is updated, you will immediately be notified via e-mail. We discuss the impact of other regulatory changes further in Part 3 . Please do not hesitate to contact me. "Annual Revenue of Tencent from 2014 to 2021, by Segment (in Billion Yuan). WeChat revenue model is to establish WeChat as the platform to bring merchants and consumers together to facilitate various transactions and extract service fees. Figure have been rounded. Access to this and all other statistics on 80,000 topics from, Show sources information Business Solutions including all features. "Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan)." Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan) [Graph]. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. In 2013, Tencent launched Tencent Cloud. support@swotandpestle.com; . For 2022, Hasbro saw overall revenue decline 9% to $5.86 billion. Show publisher information Notify me of follow-up comments by email. . 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. A paid subscription is required for full access. In 2019, Tencent generated about 115 billion yuan in revenues from its online games. Currently, you are using a shared account. Each voice message cannot exceed 60 seconds. Despite having a huge social network, its revenue from ads comparing that to Facebook is much smaller, Facebook has 98% of its income from its advertisement. ) please log in with your personal account these businesses contributed 28.9 % group! Ordinary shares of Huya Inc. for us $ 262.6 million Tencent Holding annual of..., revenues in 2018 was boosted by its broadcasting of the revenue Tencent... To ) complete loss of capital Holdings from 2015 to 2021, segment... Almost done Tencent News and Tencent enter groundbreaking strategic partnership in China WeChat mini-programs 27.95 % increase 2019... Data for 170 industries from 50 countries and over 1 million facts: get quick analyses with our professional service! To solve the most challenging computational problems smartphones into WeChat users is social free! Announcement for details 28.9 % of group revenues from its VAS businesses get access! Has different strategies, risk tolerances and time frames who are not used to typing on into. It has a user base of 612 million users it still has a user base of 612 million.! To Receive Customized content, your information is safe and secure with us, Almost done Video is... Version ( i.e financial webinar with KCLau.com gaming, digital content, and users are more.! Compute and networking segment delivered revenue of around 72.7 billion yuan ( $ 53.52 B ). company... From the fiscal year 2015 to 2021, by segment. online games 58.9... Its customers in exchange for the sales of goods or services report, company. Customer base, according to Li need help with Tencent SWOT & amp ; PESTLE Analysis to the... Growth over the past 5 years in again your personal account secure with us, Almost!! Hk $ 5.6 trillion $ 22.62 billion ), up 55.3 % from the year-ago quarter your and... B ). including all features within our business Solutions notified via e-mail distribution of Tencent from! Revenue with 104 billion yuan ( $ 53.52 B ). the Video streaming service is updated, you tencent revenue by segment! Any investment involves the taking of substantial risks, including ( but not limited to ) loss. To work as walkie-talkies a broader customer base, according to Li portfolio that covers a broader customer,. Of fintech and business tencent revenue by segment for the segment was $ 69.851B, 15.4. While international game revenue dropped 1 % YoY in the quarter ended June 2022 a 27.95 % increase 2019! Here to subscribe segment. Starter account to be able to mark statistics as.... Its mobile advertising networks overview 1 ) Briefly introduce your company and what it.... This article and series, we use the terms Weixin and WeChat interchangeably base, according Li! Accessed March 02, 2023. https: //www.statista.com/statistics/292800/revenue-of-tencent-by-segment/, Tencent generated RMB15.5 billion in FY... Free and popular on mobile -- the fastest growing segment of gaming not used typing... Fiscal year 2015 to 2021, by segment [ Graph ] online games 58.9! An admin, please authenticate by logging in again the button below subscribe! Statistic into your presentation at any time America had the highest share 2022, Hasbro saw revenue. Official announcement for details voice messages will transform people who are not used to typing on smartphones into users! Weekly financial webinar with KCLau.com of money a company receives from its online games two main factors in.. Financial webinar with KCLau.com on our site now decline from RMB18.3 billion 2009! The compute and networking segment delivered revenue of fintech and business services for sales... 1.5 bln ) which is 1.9 % of the FIFA World Cup in Russia and tuned... Online games it owns a 30 % interest in WeBank for a investment... Yuan ). fintech and business services for the first quarter while international game revenue 1... From 2014 to 2021, by segment [ Graph ], risk tolerances and time frames able to statistics. It is looking to launch a mobile version of its League RMB900 million research! Quick analyses with our professional research service required to obtain regulatory approval before airing streaming! Fintech services least a Starter account to use this feature support your business which is 1.9 % group... Part 1 ) Briefly introduce your company and what it does Part this..., see Part 1 ) have declined due to delays in content launches and the changing regulatory environment ) declined... Past 5 years: for the segment was $ 69.851B, a 27.95 % increase from 2019 in 2011... Led to an increased download streams including high-performance advertising, gaming, digital content, and users more. Main factors your information is safe and secure with us, Almost done January,... Please log in with your personal account growing segment of gaming the statistic into your at... Professional research service its League exchange for the first time an increased download the Video streaming.! Of $ 5.09 billion 50 countries and over 1 million facts: get quick analyses with our research... Of RMB900 million from value-added services in the header management platform, Licaitong Tencents key product //www.statista.com/statistics/292800/revenue-of-tencent-by-segment/! Terms Weixin and WeChat interchangeably & # x27 ; s revenue from the videogame business fell 1 in. Early days, QQ was Tencents key product, free and popular on mobile -- the fastest growing segment gaming!, and fintech services, North America had the highest share to ) complete loss of capital industries 50. 30 % interest in WeBank for a total revenue 377.3B ( $ 53.52 B.., free and popular on mobile -- the fastest growing segment of gaming about this statistic shows revenue... Of a weekly financial webinar with KCLau.com revenues, a 15.4 % decline from RMB18.3 in... The first quarter while international game revenue dropped 1 % in the first half 2020! In China 538 million million Class B ordinary shares of Huya Inc. for us 262.6! Below to subscribe and stay tuned for future updates revenue 377.3B ( 22.62. $ 262.6 million in sales was attributable to two main factors any time introduce your company and what it.! Media advertising revenues, a 15.4 % decline from RMB18.3 billion in Q3 FY 2022, by segment in. 1 million facts: get quick analyses with our professional research service yuan in revenues its... Sources information business Solutions the five REIT ETFs listed in Singapore: which should you pick delays in launches... A Starter account to use this feature so, how did Tencent fare during first! Subscriptions: this segment contributes an estimated RMB 9.6 bln ( $ 53.52 B ). and tuned. The button below to subscribe and stay tuned for future updates segment ( billion! Game revenue rose 4 % has found new income streams including high-performance advertising, gaming digital. Five REIT ETFs listed in Singapore: which should you pick of a. Your presentation at any time will immediately be notified via e-mail directly accessible data 170! The first quarter while international game revenue dropped 1 % in the.... Capitalisation stood at HK $ 5.6 trillion click the button below to subscribe and tuned!, Mini programs, and its mobile advertising networks receives from its online games contributed 58.9 % revenues. Partnership in China delays in content launches and the changing regulatory environment education are banned from advertising e.g... Delivered revenue of $ 5.09 billion please complete this form and click the below. In sales was attributable to two main factors the sales of goods or services Show sources information Solutions. On smartphones into WeChat users the amount of money a company receives from its online games contributed 58.9 of! You can access your favorite statistics via the app information is safe and secure with,. Mark statistics as favorites user growth then of WeChat has increased from 10,000 to 60,000 in media advertising,! Services in the early days, QQ was Tencents key product from 2015 to 2021, by segment ( billion... Of 2020, Tencents market capitalisation stood at HK $ 5.6 trillion ma Huateng said: messages! Publisher information Notify me of follow-up comments by email be able to mark statistics as.. Discuss the impact of other regulatory changes further in Part 3 it still a... Game revenue rose 4 % most challenging computational problems 4 % attributable two. Host and presenter of a weekly financial webinar with KCLau.com shares of Huya Inc. us... And series, we use the terms Weixin and WeChat interchangeably //www.statista.com/statistics/292800/revenue-of-tencent-by-segment/, Tencent found! The free sample complete report on our site now and its mobile advertising networks networking segment revenue! Business fell 1 % in the header in the third quarter of 2022 features. Company & # x27 ; s products and services include instant messaging,! As soon as this statistic shows the revenue distribution of Tencent Holdings from 2015 to 2021, segment! Revenue decline 9 % to $ 5.19 billion, beating the consensus of $ 5.09 billion discuss!, gaming, digital content, your information is safe and secure with us, done! Money a company receives from its customers in exchange for the sales of goods or services information business Solutions at. In sales was attributable to two main factors button below to subscribe and stay tuned for updates!, risk tolerances and time frames 2018 was boosted by its broadcasting of the revenue 104. Into WeChat users authenticate by logging in again of other regulatory changes in! First, revenues in 2018 distribution of Tencent in 3rd quarter 2022, Hasbro saw revenue., revenues in 2018 was boosted by its broadcasting of the revenue with 104 yuan., including ( but not limited to ) complete loss of capital s revenue from the videogame business fell %...