Register in seconds and access exclusive features. PDF. Then you can access your favorite statistics via the star in the header. 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. Comparing the five REIT ETFs listed in Singapore: Which should you pick? The ideal entry-level account for individual users. . The 2 key Tencent social network is QQ and WeChat. Weixin). In contrast, the 2018 dip in investment return performance is due to the relatively large impairment provision for that year. PDF. As a Premium user you get access to background information and details about the release of this statistic. 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. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. Tencent is a China-based technology company that is mainly focused on serving the Internet's various services and products. 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. 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. This was due to continuous growth achieved in its VAS, fintech, and online advertising services during the period. As of 30 June 2020, Tencent reported 1.2+ billion monthly active users of Weixin and WeChat worldwide combined, and continues to invest in the development of new games and digital content as means to sustain growth for many years to come. The company is a technological conglomerate and works both domestically and abroad to bring innovation and improvement into people's lives ( Tencent's Innovation Strategy 2020). For 2022, Hasbro saw overall revenue decline 9% to $5.86 billion. 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. 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. Since its founding, Tencent has found new income streams including high-performance advertising, gaming, digital content, and fintech services. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. This product launched by WeChat in January 2017 and the mini-program is a light-weight application with rich functions and simple operations embedded in WeChat. 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. ", 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. 3 Please refer to the official announcement for details. Currently, you are using a shared account. Tencent. Merchants increase channels and sales, and users are more convenient. . Your email address will not be published. Tencent, which gets 32% of its revenue from video games, unveiled more than 60 new titles at its annual video gaming conference last week. 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. Analysis On January 21, 2011, WeChat was officially released. "Annual gaming revenue of Tencent in 2021, by segment (in billion yuan)." You can only download this statistic as a Premium user. In 2019, Tencent derived 53% of group revenues from its VAS businesses. The total market share of the three reached 88.33%. 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). However, there is still room for further improvement in other game genres such as role-playing games. have declined due to delays in content launches and the changing regulatory environment. Get full access to all features within our Business Solutions. Please check your download folder. The League of Legends Global Finals and the Honor of Kings Professional League is also becoming one of the most-watched PC and smartphone export game events. March 1, 2022 6:29 AM | 1 min read. Are you interested in testing our business solutions? 2014.07.25 Chart. 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 voice messaging feature was only added much later in Whatsapp in August 2013. 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. It was supported by higher revenue earned from Weixin Moments, Mini Programs, and its mobile advertising networks. As of December 2019, Tencent had exceeded 1 billion daily average transactions for commercial payments with over 800 million monthly active users. In Part 1 of our Tencent series, we introduced the history and various components of the Tencent Holdings ecosystem. "Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan)." Hasbro's Wizards of the Coast & Digital Gaming Segment saw revenue increase 22% YOY in Q4 to $339 million. Access to this and all other statistics on 80,000 topics from, Show sources information I'm especially curious if anyone particularly loves/hates this at $67/share. In 2019, it has over RMB900 billion in aggregated customer assets, an increase from over RMB300 billion in 2017. Baidu Inc. BIDU. We dont make any recommendations on whether a security is a buy (or sell) as every investor has different investment goals and risk profiles. Get full access to all features within our Business Solutions. 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. Domestic Games accounted for 23% of Tencent's total revenue and 74% of revenue from the gaming segment in 2021. In China, there is a saying: WeChat is like their wallet and Alipay is our bank account. . In January 2014, Tencent launched a wealth management platform, Licaitong. . 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. Underlying trends in the Food Delivery segment remained strong, yet with signs of moderation from the triple-digit growth experienced in . 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. Tencent reported its Q3 2019 financial results, with total revenues for Q3 up 21% to 97.2B RMB ($13.9B USD) from 80.6B ($11.5B) in Q3 2018. This business is the key contributor of growth to its online advertising revenues as it achieved a CAGR of 57.1% over the past four years in revenues from RMB8.7 billion in 2015 to RMB52.9 billion in 2019. In this article, we walk through Tencent's financial statistics and business metrics. Tencent's VAS comprise two sub-segments - Gaming and Social Network. To use individual functions (e.g., mark statistics as favourites, set The company's gross profit, operating income, and net income have also been increasing steadily over the time period. In the fourth quarter of 2019, overseas gaming revenue has more than doubled year-on-year and accounted for 23% of online game revenue. The Chinese. Please check your download folder. Business Solutions including all features. 16.5 million Class B ordinary shares of Huya Inc. for US$262.6 million, acquire 30 million Class B ordinary shares of Huya Inc. for US$ 810 million from JOYY. Get full access to all features within our Business Solutions. 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. In this note we discuss Electronic Arts' business model, its revenue segments, sales trends, and forecast. Currently, you are using a shared account. WeChat wants to empower everyone to create content. Then you can access your favorite statistics via the star in the header. The Others segment includes defined contribution pension, asset management and health care businesses. As soon as this statistic is updated, you will immediately be notified via e-mail. Use Ask Statista Research Service. MB.OS is designed and developed in-house to retain full control over the customer relationship, ensure data . In 2021, Tencent recorded total revenue of RMB560.1 billion and operating income of RMB271.6 billion MOBA segment, League of Legends, and Honor of Kings are the 2 major hits for Tencent. Note: minor discrepancies may exist between figures due to rounding. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). 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