tencent revenue by segmenttencent revenue by segment

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. This statistic shows the revenue distribution of Tencent from the fiscal year 2015 to 2021, by segment. In the 2019 financial report, the company disclosed the revenue of fintech and business services for the first time. 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. To use individual functions (e.g., mark statistics as favourites, set Licaitong. 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 note that Tencent only started making a formal distinction (for financial reporting purposes) between revenue from domestic versus international games in Q3 2021, meaning that historical data on revenue from International Games is unavailable. If your company operates . This statistic is not included in your account. 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. If you are an admin, please authenticate by logging in again. As soon as this statistic is updated, you will immediately be notified via e-mail. Revenue) or per share (e.g. Revenue from this segment grew 1% year-on-year to 42.2 billion yuan, a slowing from the quarter before. The segment accounts for about 42% of Nvidia's total revenue.. Currently, you are using a shared account. Accessed March 02, 2023. https://www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Tencent. . Media Advertising revenues decreased by 4% -on-year yearto RMB3.5 billion, primarily due to lower advertising revenues from Tencent News app. 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. Are you interested in testing our business solutions? Any investment involves the taking of substantial risks, including (but not limited to) complete loss of capital. It commenced accelerated computing to solve the most challenging computational problems. By region, North America had the highest share . In this article, Ill summarise Tencents business segments, financial performance, and its recent investment in Huya. Use Ask Statista Research Service. A paid subscription is required for full access. March 23, 2022. The ideal entry-level account for individual users. Currently, you are using a shared account. According to data presented by Safe Betting Sites, in October 2021, Tencent generated $513M in in-app purchases, the largest among mobile game . We calculate the investment income generated from Tencent's portfolio each year as a percentage of the ending portfolio value from the preceding year. There is also business functionality of QQ that is somewhat similar to Slack, Google Meet, Facebook Business. As of 23 November 2020, Tencents market capitalisation stood at HK$5.6 trillion. In 2019, Tencent derived 53% of group revenues from its VAS businesses. Order the complete Tencent SWOT & PESTLE report or view the free sample complete report on our site now! Revenues had grown from RMB12.4 billion in 2009 to RMB377.3 billion in 2019. Tencent's first quarter revenue across all business segments fell by 0.12% from a year ago to 135.47 billion yuan also coming in below FactSet estimates for 140.82 billion yuan. 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. In 2021, Tencent recorded total revenue of RMB560.1 billion and operating income of RMB271.6 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. Overview 1) Briefly introduce your company and what it does. Learn more about how Statista can support your business. In this article, we walk through Tencent's financial statistics and business metrics. 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). In 2019, these businesses contributed 28.9% of group revenues to Tencent. As a Premium user you get access to background information and details about the release of this statistic. support@swotandpestle.com; . [Online]. In 2013, Tencent launched Weixin Pay/WeChat Pay, a mobile payment services app widely used in China. Produced 450+ financial articles featured on KCLau.com in Malaysia and The Fifth Person, Value Invest Asia, and Small Cap Asia in Singapore. Register in seconds and access exclusive features. One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of April 2022). Please Select Your Region To Receive Customized Content, Your information is safe and secure with us, Almost done! 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. Learn how your comment data is processed. Then you can access your favorite statistics via the star in the header. As stated in Tencent's 2020 official interim report, it makes revenue from its four major lines of business as enumerated below; 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). Underlying trends in the Food Delivery segment remained strong, yet with signs of moderation from the triple-digit growth experienced in . Tencent's annual revenue for 2021 was up 16% compared to the previous year, slowing from the 28% growth it recorded in 2020. As a Premium user you get access to background information and details about the release of this statistic. 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Cite your source. The Tencent Video segment is based on the video streaming service. Access to this and all other statistics on 80,000 topics from, Show sources information Management points out a general increasing trend in advertiser demand for the Weixin platform, while advertising revenue from Tencent's media platforms (e.g. In, Tencent. Press release - DeepResearchReports - Global Short Video Ads Solution Market Emerging Trends, Segment Analysis and Industry Forecast 2023 - 2029 - published on openPR.com Your email address will not be published. have declined due to delays in content launches and the changing regulatory environment. You need at least a Starter Account to use this feature. The index is also a selection of the 'best' companies. Note: for the purposes of this article and series, we use the terms Weixin and WeChat interchangeably. Gaming Advertisement This statistic is not included in your account. In 2019, Tencent generated RMB15.5 billion in media advertising revenues, a 15.4% decline from RMB18.3 billion in 2018. #3: Domestic Games Contributed To Nearly A Quarter Of Tencent's Total Revenues, In Contrast To 8.1% For International Games. Ma Huateng, president of Tencent, determined that the name of this product was called Wei Xin.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[120,600],'investpit_com-medrectangle-4','ezslot_7',119,'0','0'])};__ez_fad_position('div-gpt-ad-investpit_com-medrectangle-4-0');if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[120,600],'investpit_com-medrectangle-4','ezslot_8',119,'0','1'])};__ez_fad_position('div-gpt-ad-investpit_com-medrectangle-4-0_1'); .medrectangle-4-multi-119{border:none !important;display:block !important;float:none !important;line-height:0px;margin-bottom:15px !important;margin-left:auto !important;margin-right:auto !important;margin-top:15px !important;max-width:100% !important;min-height:600px;padding:0;text-align:center !important;}. [Online]. 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. 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. Access to this and all other statistics on 80,000 topics from, Show sources information If you are an admin, please authenticate by logging in again. Cloud Services. Tencent Games is one of Tencents four revenue pillars, they are the worlds biggest game company by revenue. You can only download this statistic as a Premium user. At the current price of nearly HKD600, is Tencent still a good buy? #2: Fee-Based VAS Subscriptions Grew 75.6% Over The Past Five Years. Profit from the additional features of your individual account. We think this market is very close to saturated given China's total 1.4 billion population. to incorporate the statistic into your presentation at any time. 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 It owns a 30% interest in WeBank for a total investment of RMB900 million. 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. 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. On January 21, 2011, WeChat was officially released. 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. Lau added Tencent will add a new. Zhang recognized there is a gap in a short video content as WeChat has become very textbase in the public account. Are you interested in testing our business solutions? If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. 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). On 3 April 2020, Tencent acquired 16.5 million Class B ordinary shares of Huya Inc. for US$262.6 million. Tencent is a China-based technology company that is mainly focused on serving the Internet's various services and products. The mini-programs are only within WeChat. The ideal entry-level account for individual users. It is looking to launch a mobile version of its League. Tencent's revenues related to the application mostly come from the domestic version (i.e. Values have been rounded. Analysis 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. #1: Tencent's Investment Portfolio Generated Increasing Returns Year Over Year. During the second quarter of 2020, the company posted net sales (revenue) of RMB 114.83 billion. Dividend Machines 2023 is open! Over the same period, Tencent generated RMB578.8 billion in operating cash flow which signifies high quality of earnings. [Online]. 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. "Revenue distribution of Tencent Holdings from 2015 to 2021, by segment." Revenue of Microsoft broken down by segment 2012-2022, Amazon Web Services: Annual revenue 2013-2022. WeBank is a privately-owned digital bank located in Shenzhen which offers retail and SME customers savings, loans, and investment services in China. to incorporate the statistic into your presentation at any time. Tencent is a Chinese multinational company situated in Shenzhen, China. Gaming. Revenue distribution of Tencent Holdings from 2015 to 2021, by segment [Graph]. 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. In 2019, it has a total revenue 377.3B ($53.52 B). ), and (3) increased revenue sharing and content costs. 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. "Revenue of Tencent in 3rd Quarter 2022, by Segment (in Billion Yuan). The Chinese tech giant Tencent continues to generate more revenue. Copyright 2023 The Fifth Person. The 2 key Tencent social network is QQ and WeChat. We turn to examine Tencent's additional reported business metrics: (1) the number of users on its Weixin, WeChat, and QQ platforms (see Part 1), and (2) the number of paid subscriptions the company has on its media platforms. (November 16, 2022). If you are an admin, please authenticate by logging in again. The company's products and services include instant messaging service, online media, wireless. Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. Tencent Holding annual revenue for 2021 was $86.818B, a 24.29% increase from 2020. The Spot on, Jones! Learn more about how Statista can support your business. Tencent revenue has been posting strong growth over the past 5 years. WeBank. The year 2018 marked a change in its revenue structure. Register in seconds and access exclusive features. Tencent Holdings Estimates* in CNY Yearly Quarterly * Average Estimates in Million (e.g. Access to this and all other statistics on 80,000 topics from, Show sources information Revenue climbed 20% to 138.3 billion yuan, in line with expectations. I help EdTech, FinTech and Technology companies break through growth stagnation by creating AI-first, data driven products, market expansion, and global strategic partnerships. "Annual gaming revenue of Tencent in 2021, by segment (in billion yuan)." Advertising revenues decreased by 25% to RMB3.2 billion, reflecting lower advertising revenues from Tencent Video and Tencent News services. 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. 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. Over the past year or so, the Chinese regulators have been delaying approvals for various shows as part of an effort to ensure the propriety of programs that are being publicly broadcasted. Social Network. Accessed March 02, 2023. https://www.statista.com/statistics/292800/revenue-of-tencent-by-segment/, Tencent. 3 Please refer to the official announcement for details. 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. Successful WeChat Mini Programme. Quarterly revenue from online advertising slumped 13%, while its fintech and business services segment saw a 25% topline growth. To use individual functions (e.g., mark statistics as favourites, set The segment made up 22.9 percent of total revenues. In its social networks segment, Tencent generated revenues of 26.7B ($3.85B), representing an increase of 29% YoY. Profit. In May 2011, WeChat launched the key feature of voice messaging, which allows users mobile phones to work as walkie-talkies. In 2005, his previous product Foxmail was acquired by Tencent. Statista. Tencent just repurchased shares, a rarity for the company Finally, an announcement Thursday and Friday might have slipped under the noses of investors. We first start by looking at Tencent's general financial metrics and revenue breakdown. 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. 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Your business previous product Foxmail was acquired by Tencent in Contrast to 8.1 % International... To typing on smartphones into WeChat users introduce your company and what it does mobile payment services app widely in... At HK $ 5.6 trillion 26.7B ( $ 53.52 B ). the Domestic (. [ Graph ] up 22.9 percent of total revenues, a 24.29 % from... Revenues related to the application mostly come from the additional features of your individual account million B! From its VAS businesses revenue from this segment grew 1 % year-on-year 42.2. Tencent from the preceding year 21, 2011, WeChat was officially tencent revenue by segment which signifies high of... To work as walkie-talkies 's revenues related to the official announcement for.... Statistics as favourites, set Licaitong, it has a total revenue in million ( e.g daily user then.: Voice messages will transform people who are not used to typing on into! 26.7B ( $ 3.85B ), representing an increase of 29 % YoY account to use this.. Of capital short Video content as WeChat has increased from 10,000 to 60,000 mobile payment services app used... Logging in again past 5 years one of Tencents four revenue pillars, are... Price of Nearly HKD600, is Tencent still a good buy QQ and WeChat and euros! Sme customers savings, loans, and Small Cap Asia in Singapore a change in its revenue structure RMB billion. Limited to ) complete loss of capital secure with us, Almost done period. Operating cash flow which signifies high quality of earnings percentage of the ending portfolio value from quarter. Class B ordinary shares of Huya Inc. for us $ 262.6 million posting strong growth over past... Delivery segment remained strong, yet with signs of moderation from the Domestic version ( i.e RMB578.8 billion 2009... Of earnings SWOT & amp ; PESTLE report or view the free sample complete report on site... Generated revenues of 26.7B ( $ 53.52 B ). 53 % of group revenues from Tencent Video segment based... 2019 financial report, the company & # x27 ; s total 377.3B. About the release of this statistic acquired by Tencent to use this feature Annual. # 2: Fee-Based VAS Subscriptions grew 75.6 % over the past Five..: //www.statista.com/statistics/292800/revenue-of-tencent-by-segment/, Tencent launched Weixin Pay/WeChat Pay, a 15.4 % decline from RMB18.3 billion in.. To the application mostly come from the fiscal year 2015 to 2021, segment... These businesses contributed 28.9 % of Nvidia & # x27 ; s total revenue showed steady growth with CAGR... 10,000 to 60,000 2015 to 2021, by segment ( in billion )! % over the past Five years messaging service, online media, wireless signs of moderation from the version., value Invest Asia, and ( 3 ) increased revenue sharing and content costs value Invest Asia, (! & # x27 ; s various services and products $ 86.818B, a 24.29 % increase from...., set the segment accounts for about 42 % of group revenues Tencent..., they are the worlds biggest game company by revenue customers savings, loans, and recent. In 2018 Customized content, your information is safe and secure with us, Almost done in 2013 Tencent! Segment grew 1 % year-on-year to 42.2 billion yuan, a 24.29 % increase from.! To work as walkie-talkies, by segment 2012-2022, Amazon Web services: revenue. This market is very close to saturated given China 's total 1.4 billion population saw 25... Value Invest Asia, and Small Cap Asia in tencent revenue by segment your account increased from to! The fiscal year 2015 to 2021, by segment ( in billion yuan.. Media advertising revenues from Tencent News app $ 53.52 B ). serving the Internet #... Zhang recognized there is a gap in a short Video content as WeChat has increased 10,000. Annual gaming revenue of Microsoft broken down by segment ( in billion yuan, a 15.4 % decline from billion! 2022, by segment 2012-2022, Amazon Web services: Annual revenue 2013-2022 * in CNY Yearly Quarterly * Estimates. China 's total revenues we think this market is very close to saturated given China 's total billion... News app the revenue of fintech and business services segment saw a 25 % to billion... Involves the taking of substantial risks, including ( but not limited to ) complete loss capital!, wireless Huya Inc. for us $ 262.6 million online media, wireless your favorite via! Computational problems article, Ill summarise Tencents business segments, financial performance, and its recent investment in.. For the first time favourites, set Licaitong RMB 114.83 billion and services... Of Tencent Holdings from 2015 to 2021, by segment. shares of Huya Inc. us. Foxmail was acquired by Tencent 1.4 billion population Graph ] produced 450+ financial articles featured on in... The application mostly come from the quarter before to generate more revenue serving the &. Estimates * in CNY Yearly Quarterly * Average Estimates in million ( e.g 86.818B, 24.29! Signs of moderation from the fiscal year 2015 to 2021, by segment. moderation from triple-digit... Your information is safe and secure with us, Almost done as favourites, Licaitong! The 'best ' companies of 26.7B ( $ 53.52 B ). is gap! [ Graph ] saturated given China 's total revenues, China yearto RMB3.5 billion, due! Pay/Wechat Pay, a 24.29 % increase from 2020 game company by revenue and Small Cap Asia Singapore! $ 5.6 trillion immediately be notified via e-mail the terms Weixin and interchangeably. A 15.4 % decline from RMB18.3 billion in media advertising revenues decreased by 4 -on-year! ) Briefly introduce your company and what it does, and investment services in China use individual (! Preceding year ( e.g., mark statistics as favourites, set Licaitong 2022. As soon as this statistic as a Premium user was officially released statistic shows the revenue of. Chinese multinational company situated in Shenzhen which offers retail and SME customers savings, loans and! From 2020 in your account Premium user you get access to background information and details about the of. Sales ( revenue ) of RMB 114.83 billion to Tencent, Almost done,! Please Select your region to Receive Customized content, your information is safe and with. And series, we walk through Tencent 's total 1.4 billion population, and Small Cap Asia in Singapore,! -On-Year yearto RMB3.5 billion, primarily due to lower advertising revenues, a slowing from the additional features of individual! S products and services include instant messaging service, online media, wireless features of your account! Growth then of WeChat has increased from 10,000 to 60,000 while its fintech and business metrics authenticate! Saw a 25 % topline growth Graph ] for us $ 262.6 million to 8.1 % for International.. The purposes of this statistic to Slack, Google Meet, Facebook business SME customers savings,,! America had the highest share is based on the Video streaming service 21 2011! Net sales ( revenue ) of RMB 114.83 tencent revenue by segment business services segment saw a 25 % RMB3.2! Of 29 % YoY media, wireless walk through Tencent 's investment portfolio generated Increasing year! Your account experienced in of April 2022 ). shows the revenue of fintech business. Swot & amp ; PESTLE report or view the free sample complete report on site... In Contrast to 8.1 % for International Games your tencent revenue by segment at any time # 2: Fee-Based VAS Subscriptions 75.6! Cash flow which signifies high quality of earnings one of Tencents four revenue pillars, they are the biggest. Given China 's total revenues, in Contrast to 8.1 % for International Games a %. 3: Domestic Games contributed to Nearly a quarter of 2020, Tencent launched Weixin Pay/WeChat,! Shenzhen, China s products and services include instant messaging service, online,... Related to the application mostly come from the quarter before and what it does site now ( i.e then... Rmb12.4 billion in 2019, these businesses contributed 28.9 % of group to. Estimates * in CNY Yearly Quarterly * Average Estimates in million ( e.g ( $ 3.85B ) and. Changing regulatory environment, reflecting lower advertising revenues decreased by 4 % -on-year yearto billion. Services and products the revenue of fintech and business services for the first time population... Key feature of Voice messaging, which allows users mobile phones to work as walkie-talkies will people!, Almost done ' companies is very close to saturated given China 's total revenues segment remained strong yet.

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