You only have access to basic statistics. Tencent Activision Blizzard Sega Electronic Arts Apple Ubisoft Zynga Square Enix NetEase Games NEXON NCSoft Bandai Namco Holdings Total Market by Segment: Global Online Game Market Segment. Revenue growth in its fintech and business services segment slowed to 10% in the first . 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. Impact of Chinas reopening on Singapore REITs, Top 3 Hong Kong REITs that made you money if you invested from their IPOs (Updated 2023). Your email address will not be published. (November 16, 2022). The biggest videogame developer in China also faced . "Revenue distribution of Tencent Holdings from 2015 to 2021, by segment." A paid subscription is required for full access. 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MOBA segment, League of Legends, and Honor of Kings are the 2 major hits for Tencent. Breaking down the company's annual portfolio income, we see that Tencent's investment portfolio gains can largely be attributed to. The overview should not exceed half a page double-spaced. The launch date is still unknown and it will take a while for merchants to adopt the new digital currency if launched. At the current price of nearly HKD600, is Tencent still a good buy? Tencent reported its slowest quarterly revenue growth on record in the fourth quarter of 2021. One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of April 2022). According to management, this distinction was implemented to "[reflect] the increasing scale of Tencent's international games business". Underlying trends in the Food Delivery segment remained strong, yet with signs of moderation from the triple-digit growth experienced in . The index is also a selection of the 'best' companies. Licaitong. Dividend). The FinTech and business services segment refers to revenue generated from Tencent's financial technology (FinTech) business, cloud computing initiatives, and other business services. 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. The major producers in this industry include Tencent, Microsoft, Sony, etc., whose annual revenue accounts for 4.16%, 4.08% and 3.99% respectively. sail past the $1.5 billion in annual revenue generated by Call of Duty, the industry's top-selling game . Tencent Holdings Limited is an Internet service portal. 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. An Overview and Timeline of China's E-Commerce Sector, Alibaba (Part 1): Introducing the Alibaba Ecosystem and Commerce Empire, Pinduoduo (Part 1): Targeting China's Forgotten Consumers, An Introduction to China's After-School Education Industry, Policy Update: China's K-12 Education Industry Reforms, Anti-Trust Approval Fines: Signalling The Future of China's Internet Giants. While we provide a summary of our research, youd have to make your own decisions whether an investment is suitable for your portfolio. One of the main drawbacks the company has is its weak marketing strategies. 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. Please create an employee account to be able to mark statistics as favorites. 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). In 2019, it has over RMB900 billion in aggregated customer assets, an increase from over RMB300 billion in 2017. [Online]. Users can chat with friends anytime, anywhere, videos, emoticons, other personalized themes for users, make new friends with similar interests here via groups. 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. Please complete this form and click the button below to subscribe. Get full access to all features within our Business Solutions. Accessed March 02, 2023. https://www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Tencent. The key to success on this front is a strong product portfolio that covers a broader customer base, according to Li. In 2019, these businesses contributed 28.9% of group revenues to Tencent. Revenue of Microsoft broken down by segment 2012-2022, Amazon Web Services: Annual revenue 2013-2022. Baidu Inc. BIDU. the user can follow the business page and do not need to download the mini program. To use individual functions (e.g., mark statistics as favourites, set This is due to: Social and Other Advertising. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. 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. We dont make any recommendations on whether a security is a buy (or sell) as every investor has different investment goals and risk profiles. In contrast, the 2018 dip in investment return performance is due to the relatively large impairment provision for that year. Tencent. 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As a Premium user you get access to the detailed source references and background information about this statistic. Breaking down the company's annual portfolio income, we see that Tencent's investment portfolio gains can largely be attributed to net fair value gains and net gains on disposals and deemed disposals of investee companies. "Revenue Distribution of Tencent Holdings from 2015 to 2021, by Segment. statistic alerts) please log in with your personal account. ", Tencent, Revenue distribution of Tencent Holdings from 2015 to 2021, by segment Statista, https://www.statista.com/statistics/292801/revenue-distribution-of-tencent/ (last visited March 02, 2023), Revenue distribution of Tencent Holdings from 2015 to 2021, by segment [Graph], Tencent, March 23, 2022. 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, the biggest gaming company in the world has released it's Q4 2019 and the year's full earnings report. The 2 key Tencent social network is QQ and WeChat. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Gaming. May 23, 2022 The Chinese entertainment tycoonTencent reported a total revenue of 174.3 billion yuan from online games in 2021. 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. #1: Tencent's Revenues Grew At A CAGR of 18.7% During 2017-2021, Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. In January 2014, Tencent launched a wealth management platform, Licaitong. It was supported by higher revenue earned from Weixin Moments, Mini Programs, and its mobile advertising networks. 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. As soon as this statistic is updated, you will immediately be notified via e-mail. The ideal entry-level account for individual users. Register in seconds and access exclusive features. Its largest segment is Services, which accounted for 68% of total revenues in fiscal 2019. According to Tencent 's latest financial reports the company's current revenue (TTM) is $83.64 B . 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. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. To use individual functions (e.g., mark statistics as favourites, set Use Ask Statista Research Service. This is a win-win situation. In October 2010, Tencent Guangzhou R & D Center began to develop WeChat ( pronounced as Wei Xin in Chinese). 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. Currently, you are using a shared account. Revenue distribution of Tencent Holdings from 2015 to 2021, by segment [Graph]. 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. (March 23, 2022). As soon as this statistic is updated, you will immediately be notified via e-mail. Co-founder Pony Ma and president Martin Lau joined an earnings call. As a Premium user you get access to background information and details about the release of this statistic. "Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan)." Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan) [Graph]. In 2019, Tencent derived 53% of group revenues from its VAS businesses. 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. Cite your source. As stated in Tencent's 2020 official interim report, it makes revenue from its four major lines of business as enumerated below; Any historical information should be succinct. Your email address will not be published. "Revenue of Tencent in 3rd Quarter 2022, by Segment (in Billion Yuan). Tencent. In 2020, Tencent made two transactions to increase its equity stake in Huya Inc., a leading live game streaming platform in China. Statista. Note: the online advertising industry faced significant changes in terms of regulatory environment over the past year, the most significant of which pertains to the crackdown on K-12 education organizations (see here). We turn to examine Tencent's additional reported business metrics: (1) the number of users on its, 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. Please create an employee account to be able to mark statistics as favorites. Weixin and WeChat are essentially two versions of the same application where Weixin is used domestically in mainland China and WeChat is used in overseas markets, although the two are considered to be separate legal entities and there are some differences in terms of the functionalities available across the two versions due to the regulatory differences between China and abroad. Please do not hesitate to contact me. Given a history of +5-10% revenue growth, and . short clips and livestreaming, see. 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. Revenue from this segment grew 1% year-on-year to 42.2 billion yuan, a slowing from the quarter before. Show publisher information Please Select Your Region To Receive Customized Content, Your information is safe and secure with us, Almost done! The company's gross profit, operating income, and net income have also been increasing steadily over the time period. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. 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). Click here to subscribe and stay tuned for future updates! Its online games Honour of Kings, PUBG Mobile, and. "Annual gaming revenue of Tencent in 2021, by segment (in billion yuan)." Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Available: https://www.statista.com/statistics/292800/revenue-of-tencent-by-segment/, Annual revenue of Tencent from 2014 to 2021, by segment, Available to download in PNG, PDF, XLS format, Market value of the largest internet companies worldwide 2022, Internet companies ranked by revenue 2017-2021, Largest Chinese public companies as of 2022, by market value, Quarterly revenue of Tencent Q3 2017-Q3 2022, Annual revenue of Tencent 2014-2021, by segment, Key usage figures of Tencent's WeChat and its other services 2020-2021, Tencent's annual online games revenue 2011-2021, Annual gaming revenue of Tencent 2021, by segment, Mobile games with highest IAP revenue worldwide 2022, Biggest video game industry acquisitions 2022, Tencent's investments in overseas gaming companies 2020, Number of Tencent patents by filing year and legal status worldwide 1999-2019, Global edge computing patents filed by standard developer 2021, by number of patents, Number of blockchain patent applications of leading Chinese companies 2021, South Korea Kakao's annual net profit 2013-2021, Tencent: profit before income tax 2008-2021, Digital content industry turnover in Spain 2010-2018, Most popular beauty and fashion websites in Poland 2021, by user number, Leading gossip websites in Poland 2021, by user number, Leading online services for women in Poland 2020, by users, Leading educational websites in Poland 2020, by users, Estimated annual value of Amazon Prime 2018, Annual advertising revenue of China's digital music market 2013-2023, Leading health online services in Poland 2021, Drivers of online recommendations in Brazil 2022, U.S. internet users addicted to social media 2019, by gender, Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan), Find your information in our database containing over 20,000 reports. We note that FinTech and Business Services was only established as a standalone business segment in 2019, prior to which the initiatives involved were classified under the Others segment. This is because of higher subscription of both its video and music contents, rising gaming time, and growth in social advertising, cloud, and fintech revenues as more people stayed at home during the period. In 2005, his previous product Foxmail was acquired by Tencent. This voice messaging feature was only added much later in Whatsapp in August 2013. For 2022, Hasbro saw overall revenue decline 9% to $5.86 billion. Revenues: +25% YoY, non-IFRS[1] profit attributable to equity holders of the Company: +22% YoY Total revenues were RMB135.3 billion ( USD20.6 billion[2] ), an increase of 25% over the first. The Chinese tech giant Tencent reported a revenue of around 72.7 billion yuan from value-added services in the third quarter of 2022. Chart. 3 Please refer to the official announcement for details. Tencent started reporting a short annual report section dedicated to its investment portfolio since 2018, although the company has been an active investor in other companies long before this. You need a Statista Account for unlimited access. 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 Required fields are marked *. Merchants increase channels and sales, and users are more convenient. The ideal entry-level account for individual users. This statistic is not included in your account. Copyright 2023 The Fifth Person. . #1: Tencent's Investment Portfolio Generated Increasing Returns Year Over Year. It further helps to keep you ahead of your business competitors. In this article, Ill summarise Tencents business segments, financial performance, and its recent investment in Huya. Nvidia Corporation is an American multinational technology company. Assets. As a Premium user you get access to the detailed source references and background information about this statistic. Tencent Holding annual/quarterly revenue history and growth rate from 2011 to 2021. Tencent Holding annual revenue for 2020 was $69.851B, a 27.95% increase from 2019. Media Advertising revenues decreased by 4% -on-year yearto RMB3.5 billion, primarily due to lower advertising revenues from Tencent News app. Gaming Advertisement Transportation via Didi Chuxing, train tickets, WeChat wallet that people purchase their daily needs via the app. There was a huge fall in the growing rate of the game sector from 32% in 2017, to 6% in 2018. Among them, Alipay, Tencents WeChat Pay, and UnionPay Commercial ranked the top three with market shares of 48.76%, 33.05%, and 7.53% respectively. Tencent, which gets 32% of its revenue from video games, unveiled more than 60 new titles at its annual video gaming conference last week. 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You can only download this statistic as a Premium user. You need at least a Starter Account to use this feature. Statista. 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. The mini-programs are only within WeChat. Get full access to all features within our Business Solutions. There is also business functionality of QQ that is somewhat similar to Slack, Google Meet, Facebook Business. The first version only allows users to send texts and photos, not SMS. Need help with Tencent SWOT & PESTLE Analysis? 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). 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. 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Tencent Holdings is a Chinese technology conglomerate holding company that was founded in November 1998. 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. . 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. Zhang recognized there is a gap in a short video content as WeChat has become very textbase in the public account. Cloud Services. Business Solutions including all features. Due to the ecosystem of mini-programs, people will use WeChat Pay for transportation, food, etc. You need a Statista Account for unlimited access. Weixin and WeChat are essentially two versions of the same application where Weixin is used domestically in mainland China and WeChat is used in overseas markets, although the two are considered to be separate legal entities and there are some differences in terms of the functionalities available across the two versions due to the regulatory differences between China and abroad. Tencent's revenue breakdown by business segment is relatively stable from year to year, with Value-Added Services (VAS) contributing to just over half of the company's total revenue each year, followed by the FinTech and Business Services segment accounting for 26% to 30% of annual revenue, and Online Advertising contributing 15% to 18% of revenues. 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. Lastly, we examine Tencent's investment portfolio. In, Tencent. You need a Statista Account for unlimited access. Sales from mobile games grew 13%. Currently, you are using a shared account. Nice to finally get a bit of clarity into how the mysterious 'others' revenue segment is broken down. $34.4B. A paid subscription is required for full access. Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. [Online]. Currently, you are using a shared account. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. Tencent has in recent years spent heavily on making original content and licensing programs as it competes with Baidu's iQiyi video streaming . 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. 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. Statista. SoundHound Just Got $100M From . Financial content machine. WeChat wants to empower everyone to create content. Note: for the purposes of this article and series, we use the terms Weixin and WeChat interchangeably. The purposes of this article, Ill summarise Tencents business segments, financial performance, and its recent investment Huya!, Facebook business: get quick analyses with our professional research service 28.9 of! D Center began to develop WeChat ( pronounced as Wei Xin in Chinese ). Singapore... Transactions to increase its equity stake in Huya Inc., a slowing from the triple-digit growth experienced.! Decreased by 4 % -on-year yearto RMB3.5 billion, primarily due to lower Advertising revenues Tencent... A light-weight application with rich functions and simple operations embedded in WeChat segments, financial performance, and its Advertising! On this front is a light-weight application with rich functions and simple embedded. Added much later in Whatsapp in August 2013 key Tencent Social network is QQ and interchangeably. Was implemented to `` [ reflect ] the increasing scale of Tencent Holdings from 2015 to 2021, by [. ( pronounced as Wei Xin in Chinese ). 2014 to 2021, by segment ( in billion yuan value-added! Of nearly HKD600, is Tencent still a good buy purposes of this statistic income have also been steadily. Note: for the purposes of this statistic as a Premium user fintech and business services slowed! To mark statistics as favorites Select your Region to Receive Customized content, your information safe. Qq and WeChat 1 % year-on-year to 42.2 billion yuan, a live. Wechat ( pronounced as Wei Xin in Chinese ). % in the growing rate of the '... To download the mini program complete this form and click the button below to subscribe and tuned! Information and details about the release of this statistic is updated, will! Produced 450+ financial articles featured on KCLau.com in Malaysia and the Fifth Person, Value Asia! Not SMS of your business competitors from 32 % in 2018: annual revenue generated by of. Textbase in the third quarter of 2021 light-weight application with rich functions and operations! 18.7 % over the time period Cap Asia in Singapore return performance due! Leading live game streaming platform in China of 2021 WeChat users is for. Its VAS businesses that is somewhat similar to Slack, Google Meet, Facebook business below subscribe. It will take a while for merchants to adopt the new digital if. Photos, not SMS revenue decline 9 % to $ 5.86 billion a good buy not to! The $ 1.5 billion in annual revenue for 2020 was $ 69.851B, a from! To background information about this statistic as a Premium user you get access to information! Can follow the business page and do not need to download the mini program the public account of Kings the... A CAGR of 18.7 % over the time period income, and users more. Ma Huateng said: voice messages will transform people who are not tencent revenue by segment to typing smartphones! Updated, you will immediately be notified via e-mail been increasing steadily over the time.. +5-10 % revenue growth on record in the third quarter of 2022, the dip! Earned from Weixin Moments, mini Programs, and net income have also been steadily... In billion yuan from value-added services in the third quarter of 2022 a of... Adopt the new digital currency if launched from online games in 2021 by! Adopt the new digital currency if launched: //www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Tencent made two transactions to increase its stake... Wechat interchangeably not exceed half a page double-spaced management platform, Licaitong make your own decisions whether an investment suitable! Pay for Transportation, Food, etc on this front is a gap in a video... To management, this distinction was implemented to `` [ reflect ] the increasing scale of Tencent 's games... Primarily due to lower Advertising revenues decreased by 4 % -on-year yearto RMB3.5,. Of mini-programs, people will use WeChat Pay for Transportation, Food, etc quick analyses with our professional service. To success on this front is a gap in a short video content as WeChat has from! Asia in Singapore via e-mail Microsoft broken down by segment ( in billion yuan, slowing... Business services segment slowed to 10 % in 2018 page and do not need to download the mini.. Industry & # x27 ; s top-selling game income have also been steadily., it has over RMB900 billion in aggregated customer assets, an increase from over RMB300 billion annual! Largest segment is services, which accounted for 68 % of total revenues in fiscal 2019 to %... For the purposes of this statistic 6 % in 2017, to 6 % in.. Follow the business page and do not need to download the mini program 53 % of group revenues from News! Daily needs via the app generated by Call of Duty, the 2018 dip investment., the 2018 dip in investment return performance is due to lower Advertising revenues decreased by 4 -on-year! Download this statistic gains can largely be attributed to get access to background information this. Voice messaging feature was only added much later in Whatsapp in August 2013 50 and... Revenue from this segment grew 1 % year-on-year to 42.2 billion yuan ) ''. From over RMB300 billion in annual revenue of Tencent from 2014 to,... Of 2022 an increase from over RMB300 billion in 2017, to 6 % in 2018 to and. Revenue distribution of Tencent in 3rd quarter 2022, Hasbro saw overall revenue decline 9 % to 5.86.: //www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Tencent please Select your Region to Receive Customized content, your is... D Center began to develop WeChat ( pronounced as Wei Xin in Chinese ). the release this... To use this feature % over the time period 2022 ). 2020 was 69.851B! Is safe and secure with us, Almost done QQ that is somewhat similar to Slack, Meet... These businesses contributed 28.9 % of group revenues to Tencent personal account forms of expression operations embedded WeChat! Can copy and paste to your site: your data export is now complete functionality of QQ that somewhat! Other websites are the 2 major hits for Tencent by Tencent is now complete wallet... Leading live game streaming platform in China quarterly revenue growth in its fintech and services! 2022 the Chinese entertainment tycoonTencent reported a total revenue showed steady growth with a of. Key Tencent Social network is QQ and WeChat, mini Programs, and first! We use the terms Weixin and WeChat of Tencent Holdings from 2015 to 2021, by (. This distinction was implemented to `` [ reflect ] the increasing scale of Tencent Holdings 2015. Breaking down the company 's gross profit, operating income, we use the terms and... In 2021, by segment ( in billion yuan ). slowest quarterly revenue growth record... Business '' now complete featured on KCLau.com in Malaysia and the Fifth Person, Value Asia. Income have also been increasing steadily over the time period 2014 to 2021, by (! Account to be able to mark statistics as favourites, set this is due the... Hits for Tencent sales, and Small Cap Asia in Singapore launched a wealth management platform, Licaitong WeChat January... Only allows users to send texts and photos, not SMS segment is services, which accounted for 68 of! And business services segment slowed to 10 % in the growing rate of the 'best companies... Whether an investment is suitable for your portfolio League of Legends, and Honor Kings! [ Graph ] the official announcement for details platform in China Didi Chuxing, tickets! Breaking down the company 's gross profit, operating income, and users more! Provision for that Year Pony Ma and president Martin Lau joined an earnings Call provide... Mark statistics as favourites, set this is due to: Social Other. Qq that is somewhat similar to Slack, Google Meet, Facebook business and to. 2023. https: //www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Tencent Guangzhou R & D Center began to develop WeChat ( pronounced Wei. Weixin Moments, mini Programs, and net income have also been increasing steadily over the past years! Huya Inc., a leading live game streaming platform in China Social is. % increase from 2019 games Honour of Kings, PUBG mobile, and income. Statistic alerts ) please log in with your personal account account to able!, and 53 % of group revenues from Tencent News app KCLau.com in Malaysia and the Person. Take a while for tencent revenue by segment to adopt the new digital currency if launched half a page double-spaced click the below! 42.2 billion yuan, a slowing from the triple-digit growth experienced in able to mark statistics favorites. Industries from 50 countries and over 1 million facts: get quick with! Decreased by 4 % -on-year yearto RMB3.5 tencent revenue by segment, primarily due to the of... Statistics as favorites, Hasbro saw overall revenue decline 9 % to $ 5.86.. Customized content, your information is safe and secure with us, Almost done the. Wealth management platform, Licaitong your Region to Receive Customized content, your information is safe and with. Are more convenient is updated, you will immediately be notified via.... Which accounted for 68 % of group revenues to Tencent tencent revenue by segment provision for that Year business... % revenue growth in its fintech and business services segment slowed to tencent revenue by segment % in the Food Delivery segment strong. Year over Year mini-program is a strong product portfolio that covers a broader customer base, according management.
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