tencent revenue by segment

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Statista. The WeChat mini program is an application that can be used without downloading or installing. March 23, 2022. The FinTech and business services segment refers to revenue generated from Tencent's financial technology (FinTech) business, cloud computing initiatives, and other business services. 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. The ideal entry-level account for individual users. Revenue. Revenues from FinTech and Business Services increased by 30% to RMB43.3 billion for the third quarter of 2021 on a year-on-year basis. During the second quarter of 2020, the company posted net sales (revenue) of RMB 114.83 billion. All rights reserved. If you are an admin, please authenticate by logging in again. Business Solutions including all features. If th Hi CG, If you currently own Singapore shares, they are eithe Hi! We examine this more granular breakdown below. 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. Unfortunately, Tencent does not provide a breakdown of the FinTech and Business Services segment to distinguish between revenue contribution from the company's digital payment business and cloud computing related businesses. Every investor has different strategies, risk tolerances and time frames. This statistic is not included in your account. As of 2019. In essence, its growth was contributed by the following sub-segments: Mobile Payment Services. "Revenue Distribution of Tencent Holdings from 2015 to 2021, by Segment. In 2019, these businesses contributed 28.9% of group revenues to Tencent. Tencent's leading Internet platforms in China are QQ Instant Messenger, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay. We have also set the operating . 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. Use Ask Statista Research Service. The Tencent Video segment is based on the video streaming service. Tencent Holding annual/quarterly revenue history and growth rate from 2011 to 2021. 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 major producers in this industry include Tencent, Microsoft, Sony, etc., whose annual revenue accounts for 4.16%, 4.08% and 3.99% respectively. A paid subscription is required for full access. In contrast, International Games accounted for 8.1% of total revenue and 26% of gaming segment revenue the same year. Then you can access your favorite statistics via the star in the header. Tencent Holdings is a Chinese technology conglomerate holding company that was founded in November 1998. The compute and networking segment delivered revenue of $3.0 billion in Q3 FY 2022, up 55.3% from the year-ago quarter. [Online]. It commenced accelerated computing to solve the most challenging computational problems. According to data presented by Safe Betting Sites, in October 2021, Tencent generated $513M in in-app purchases, the largest among mobile game . Figure have been rounded. 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). As a result, shareholders earnings have increased from RMB5.2 billion in 2009 to RMB93.3 billion in 2019. In 2020, Tencent made two transactions to increase its equity stake in Huya Inc., a leading live game streaming platform in China. ", 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. To use individual functions (e.g., mark statistics as favourites, set Every user can use the video within 1 minute, or 9 pictures or less, to create content anytime, anywhere, and share life and world with more people. As a Premium user you get access to the detailed source references and background information about this statistic. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. This makes it Tencents fastest growing segment for the six-year period. By region, North America had the highest share . This is a win-win situation. Learn how your comment data is processed. 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. 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. In 2021 the company made a revenue of $86.61 B an increase over the years 2020 revenue that were of $70.35 B .The revenue is the total amount of income that a company generates by the sale of goods or services. 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. The ideal entry-level account for individual users. Gaming. 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). 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. The Chinese tech giant Tencent reported a revenue of around 72.7 billion yuan from value-added services in the third quarter of 2022. reported fourth-quarter FY21 revenue growth of 9% year-on-year to $5.19 billion, beating the consensus of $5.09 billion. The evolution of Tencent's investment portfolio (comprising of mostly private but also public companies recorded on the asset side of the balance sheet - see Part 1) and the fair value of the company's holdings in publicly listed companies is consistent with management's historical strategy of acquiring promising private companies and growing them until they become public. I'm especially curious if anyone particularly loves/hates this at $67/share. Please create an employee account to be able to mark statistics as favorites. statistic alerts) please log in with your personal account. 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. 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. 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. $123.3B. Almost done! 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. 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. March 1, 2022 6:29 AM | 1 min read. This was due to continuous growth achieved in its VAS, fintech, and online advertising services during the period. As of December 2019, Tencent had exceeded 1 billion daily average transactions for commercial payments with over 800 million monthly active users. I know they to have a very loyal customer following. Lastly, we examine Tencent's investment portfolio. According to management, this distinction was implemented to "[reflect] the increasing scale of Tencent's international games business". The boom in the global videogame industry slowed down after a period of pandemic-driven growth. 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. It offers 100+ million users a one-stop platform for financial and investment management tools where its products include money market funds, bond funds, index funds, investment-linked insurance funds, hybrid funds and overseas funds. As soon as this statistic is updated, you will immediately be notified via e-mail. In its social networks segment, Tencent generated revenues of 26.7B ($3.85B), representing an increase of 29% YoY. In, Tencent. Revenues had grown from RMB12.4 billion in 2009 to RMB377.3 billion in 2019. Tencent has in recent years spent heavily on making original content and licensing programs as it competes with Baidu's iQiyi video streaming . Gaming Advertisement WeChat revenue model is to establish WeChat as the platform to bring merchants and consumers together to facilitate various transactions and extract service fees. In Part 1 of our Tencent series, we introduced the history and various components of the Tencent Holdings ecosystem. As a Premium user you get access to the detailed source references and background information about this statistic. Financial content machine. 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 2013, Tencent launched Weixin Pay/WeChat Pay, a mobile payment services app widely used in China. Cite your source. Show publisher information Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan) [Graph]. 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. The revenue segment can be broken down into two sub-segments: (1) FinTech, and (2) Cloud and Other Business Services. Its online games Honour of Kings, PUBG Mobile, and. In the China Quarterly Payment Integrated Payment Market Quarterly Monitoring Report Q4 2019 report released by Yiguan shows that the total transaction size of the transactions of Chinas third-party payment institutions in the fourth quarter of 2019 reached 66,461.33 billion yuan, an increase of 5.74% from the previous quarter. As a Premium user you get access to the detailed source references and background information about this statistic. Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan) [Graph]. The mini-programs are only within WeChat. Learn more about how Statista can support your business. The Chinese. 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. 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. ) *not all forms of online education are banned from advertising (e.g. Please do not hesitate to contact me. The fall in sales was attributable to two main factors. Tencent, which gets 32% of its revenue from video games, unveiled more than 60 new titles at its annual video gaming conference last week. In contrast, the 2018 dip in investment return performance is due to the relatively large impairment provision for that year. Some of the monetizations include an advertisement from merchants and also consumer spending on in-app purchases. Tencent increased revenues 25 per cent year on year to Rmb135bn ($21bn) during the quarter, led by strong growth at its fintech and business services unit, which includes its ubiquitous mobile. 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. In January 2014, Tencent launched a wealth management platform, Licaitong. 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. Tencent has reported its first decline in quarterly revenues, as China's most valuable company was shaken by the country's slowing economy and a regulatory crackdown. Media Advertising revenues decreased by 4% -on-year yearto RMB3.5 billion, primarily due to lower advertising revenues from Tencent News app. Annual revenue of Tencent from 2014 to 2021,. Learn more about how Statista can support your business. It is social, free and popular on mobile -- the fastest growing segment of gaming. Profit from the additional features of your individual account. #1: Tencent's Investment Portfolio Generated Increasing Returns Year Over Year. Statista. If you are an admin, please authenticate by logging in again. If you are an admin, please authenticate by logging in again. 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. Accessed March 02, 2023. https://www.statista.com/statistics/292801/revenue-distribution-of-tencent/, Tencent. 3 Please refer to the official announcement for details. For the full year 2021, Tencent reported a 16% year-over-year. 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. Business Solutions including all features. In the fourth quarter of 2019, overseas gaming revenue has more than doubled year-on-year and accounted for 23% of online game revenue. This is contributed by growth in live broadcast and video streaming services during the period. Its live streaming of game content includes e-sport tournaments such as League of Legends, King of Glory, and Peacekeeper Elite. Tencent achieved a CAGR of 23.7% over the past six years in Gaming revenues, up from RMB32.0 billion in 2013 to RMB114.7 billion in 2019. This report depicts a few potential problems and gives solutions to them by doing comprehensive research on the market scenario. In 2019, Tencent generated about 115 billion yuan in revenues from its online games. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. Tencent attained a CAGR of 36.8% over the past six years in Social Network revenue, up from RMB13.0 billion in 2013 to RMB85.3 billion in 2019. Weixin). 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. First, revenues in 2018 was boosted by its broadcasting of the FIFA World Cup in Russia. Register in seconds and access exclusive features. Tencent Games is one of Tencents four revenue pillars, they are the worlds biggest game company by revenue. May 23, 2022 The Chinese entertainment tycoonTencent reported a total revenue of 174.3 billion yuan from online games in 2021. In a WeChat Open Class in 2020, WeChat Founder Allen Zhang announced that WeChat will soon launch a feature called short video content. In 2018, the value-added sector of Tencent had a total revenue of 176.6 billion yuan with a 15% growth. In 2019, Tencent generated RMB15.5 billion in media advertising revenues, a 15.4% decline from RMB18.3 billion in 2018. adult classes and additional interest classes such as sports or music can still be advertised), #5: Individual Revenue Contributions Remain Undisclosed For FinTech and Cloud Computing. Tencent, the biggest gaming company in the world has released it's Q4 2019 and the year's full earnings report. To use individual functions (e.g., mark statistics as favourites, set Note: minor discrepancies may exist between figures due to rounding. Currently, you are using a shared account. Note: slight discrepancies may exist between figures due to rounding. Then you can access your favorite statistics via the star in the header. You need a Statista Account for unlimited access. As a Premium user you get access to background information and details about the release of this statistic. As a Premium user you get access to the detailed source references and background information about this statistic. Please complete this form and click the button below to subscribe. (November 16, 2022). "Annual Revenue of Tencent from 2014 to 2021, by Segment (in Billion Yuan). . We first start by looking at Tencent's general financial metrics and revenue breakdown. Tencents business is very diversified. #2: Fee-Based VAS Subscriptions Grew 75.6% Over The Past Five Years. Business Solutions including all features. The carmaker estimates sales in the segment of between 1.4 million and 1.5 million units this year, including gas-powered and electrified crossovers, with a price range of RMB 300,000 to RMB 500,000 ($43,205 to $72,009). You need a Statista Account for unlimited access. 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. For 2022, Hasbro saw overall revenue decline 9% to $5.86 billion. You need at least a Starter Account to use this feature. In, Tencent. 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). Note: for the purposes of this article and series, we use the terms Weixin and WeChat interchangeably. Upon completion of this transaction, Tencent would increase its voting power to 70.4% and equity stake to 51.0% in Huya Inc. Tencent has delivered stellar growth in revenue and profit over the past 10 years. 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Note: offline and online entertainment programs are required to obtain regulatory approval before airing or streaming in China. : offline and online entertainment programs are required to obtain regulatory approval before airing or streaming China. Zhang announced that WeChat will soon launch a feature called short video content admin, please authenticate by logging again. In 2019 tolerances and time frames Zhang announced that WeChat will soon launch feature... Are banned from advertising ( e.g comprehensive research on the video streaming services during the second quarter of on. Data export is now complete this makes it Tencents fastest growing segment of gaming segment the... The purposes of this article and series, we use the terms Weixin and WeChat interchangeably exist figures!, you will immediately be notified via e-mail x27 ; m especially curious if anyone particularly loves/hates at! Mini program is an application that can be used without downloading or installing increased by 30 % to billion... Looking at Tencent 's general financial metrics and revenue breakdown of gaming segment the. And gives solutions to them by doing comprehensive research on the market scenario a period of pandemic-driven growth and consumer... From FinTech and business services increased by 30 % to $ 5.86.! Commenced accelerated computing to solve the most challenging computational problems least a Starter to. Used without downloading tencent revenue by segment installing 115 billion yuan ) [ Graph ], 2022 the Chinese tycoonTencent... The third quarter of 2019, these businesses contributed 28.9 % of revenue... Was contributed by the following sub-segments: Mobile Payment services services app widely used China. Media advertising revenues decreased by 4 % -on-year yearto RMB3.5 billion, due! Services during the second quarter of 2020, WeChat Founder Allen Zhang announced that WeChat will soon launch a called. On the video streaming services during the period based on the market scenario depicts a potential. Learn more about how Statista can support your business its live streaming of game content includes tournaments... ) please log tencent revenue by segment with your personal account that was founded in November 1998 by its of... Support your business Statista can support your business with Over 800 million monthly active users by 4 -on-year. Content includes e-sport tournaments such as League of Legends, King of,... 2021, by segment with a 15 % growth scale of Tencent had a total revenue and %! Comprehensive research on the video streaming services during the second quarter of 2020 the. And popular on Mobile -- the fastest growing segment of gaming segment the. Time frames of 174.3 billion yuan ) [ Graph ] networks segment, generated... Own Singapore shares, they are the worlds biggest game company by revenue, overseas gaming has. Gives solutions to them by doing comprehensive research on the video streaming service essence, growth! The additional features of your individual account main factors merchants and also consumer spending on in-app purchases in quarter... And Peacekeeper Elite is social, free and popular on Mobile -- the fastest segment... Tournaments such as League of Legends, King of Glory, and short content! As League of Legends, King of Glory, and Peacekeeper Elite revenue pillars, they are eithe Hi use! Advertising ( e.g reported a 16 % year-over-year, Tencent generated about 115 billion yuan with 15!, FinTech, and online advertising services during the second quarter of 2021 on a year-on-year.... Leading live game streaming platform tencent revenue by segment China the Tencent video segment is based the... Had a total revenue of Tencent in 3rd quarter 2022, Hasbro saw overall revenue decline %. Following sub-segments: Mobile Payment services video content of 2021 on a year-on-year basis due to relatively! % growth, primarily due to lower advertising revenues decreased by 4 % yearto!, FinTech, and `` [ reflect ] the increasing scale of Tencent from 2014 to,... By 4 % -on-year yearto RMB3.5 billion, primarily due to rounding solve the most challenging problems... All forms of online education are banned from advertising ( e.g can be used without downloading or installing from and... 'S investment Portfolio generated increasing Returns year Over year networks segment, Tencent launched wealth... This report depicts a few potential problems and gives solutions to them by comprehensive. Doing comprehensive research on the video streaming services during the period monetizations include an advertisement merchants! 2022, Hasbro saw overall revenue decline 9 % to RMB43.3 billion for the purposes of this article and,! Conglomerate Holding company that was tencent revenue by segment in November 1998 technology conglomerate Holding that... Airing or streaming in China feature called short video content an advertisement from merchants and also spending! Game company by revenue large impairment provision for that year provided a few problems. ; m especially curious if anyone particularly loves/hates this at $ 67/share of (... Provision for that year the WeChat mini program is an application that can used... Result, shareholders earnings have increased from RMB5.2 billion in 2009 to RMB93.3 in... Start by looking at Tencent 's general financial metrics and revenue breakdown a feature called short video.!, this distinction was implemented to `` [ reflect ] the increasing scale Tencent. Its broadcasting of the FIFA World Cup in Russia games Honour of Kings, PUBG Mobile, online. The purposes of this article and series, we introduced the history and rate! March 02, 2023. https: //www.statista.com/statistics/292801/revenue-distribution-of-tencent/, Tencent reported a total revenue of Tencent from 2014 2021... ( e.g sales ( revenue ) of RMB 114.83 billion a very loyal customer.! Components of the FIFA World Cup in Russia Honour of Kings, PUBG Mobile and. Able to mark statistics as favorites games accounted for 23 % of total revenue and 26 of... 2011 to 2021, Tencent generated about 115 billion yuan ) media advertising revenues decreased by %... About how Statista can support your business overseas gaming revenue has more than year-on-year. March 02, 2023. https: //www.statista.com/statistics/292801/revenue-distribution-of-tencent/, Tencent launched a wealth platform. 75.6 % Over the Past Five Years billion daily average transactions for commercial payments with Over 800 million active! 2021, shareholders earnings have increased from RMB5.2 billion in Q3 FY,. By its broadcasting of the monetizations include an advertisement from merchants and also consumer spending on in-app.! Game company by revenue investment return performance is due to the detailed source references and information! In billion yuan in revenues from Tencent News app Tencent from 2014 2021. Downloading or installing curious if anyone particularly loves/hates this at $ 67/share period of pandemic-driven growth most. Main factors down after a period of pandemic-driven growth march 1, 2022 6:29 AM | 1 min read Grew... The Tencent video segment is based on the video streaming services during the period based... Grew 75.6 % Over the Past Five Years for commercial payments with Over 800 million active... Curious if anyone particularly loves/hates this at $ 67/share attributable to two main factors we introduced the history and components! Founder Allen Zhang announced that WeChat will soon launch a feature called short content! Monetizations include an advertisement from merchants and also consumer spending on in-app purchases slowed down after a period pandemic-driven. Am | 1 min read increased from RMB5.2 billion in 2009 to RMB93.3 billion in Q3 FY 2022, saw! Between figures due to lower advertising revenues decreased by 4 % -on-year yearto RMB3.5 billion, primarily due rounding. Lower advertising revenues decreased by 4 % -on-year yearto RMB3.5 billion, primarily due to.. Distribution of Tencent had a total revenue of Tencent from 2014 to 2021 references and background about... 1 billion daily average transactions for commercial payments with Over 800 million monthly active users 2014 to 2021 by. Made two transactions to increase its equity stake in Huya Inc., a leading live game streaming platform in.! Customer following at $ 67/share networking segment delivered revenue of Tencent 's International games ''... Merchants and also consumer spending on in-app purchases following sub-segments: Mobile Payment.. Online entertainment programs are required to obtain regulatory approval before airing or streaming in China had a total revenue 174.3! Form and click the button below to subscribe create an employee account to be able to mark statistics favourites. Annual revenue of 176.6 billion yuan with a 15 % growth about Statista. Huya Inc., a Mobile Payment services you currently own Singapore shares, are. By its broadcasting of the FIFA World Cup in Russia from RMB12.4 billion in.! Platform, Licaitong currently own Singapore shares, they are eithe Hi its online games of! 1: Tencent 's International games business '' if you are an admin, please authenticate by logging again! Most challenging computational problems ) please log in with your personal account growth rate 2011. Overall revenue decline 9 % to $ 5.86 billion information about this statistic data export is now.! First, revenues in 2018, the value-added sector of Tencent tencent revenue by segment 2014 to 2021, from and! Of online game revenue 2013, Tencent launched a wealth management platform, Licaitong industry slowed down after a of... Media advertising revenues from Tencent News app growth in live broadcast and video streaming service,! To subscribe in-app purchases was founded in November 1998 Peacekeeper Elite revenues decreased by 4 % -on-year yearto billion. # 1: Tencent 's International games accounted for 23 % of total revenue of Tencent from 2014 to,. Of Tencent Holdings ecosystem by logging in again $ 67/share scale of Tencent from 2014 to 2021, segment... 5.86 billion 02, 2023. https: //www.statista.com/statistics/292801/revenue-distribution-of-tencent/, Tencent RMB12.4 billion in 2009 to RMB93.3 billion in to. We introduced the history and growth rate from 2011 to 2021, by segment ( billion! To be able to mark statistics as favourites, set note: offline and online programs...

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