It is only inflation, all other dependent on inflation. Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. Merchants increase channels and sales, and users are more convenient. 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. 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. Top 10 Singapore REITs that made you money if you invested from their IPOs (Updated 2023), These 3 companies own the U.S. soft drink market, How to open a brokerage account in Singapore and choose the right broker (updated 2022), How to buy shares in Malaysia and open a Malaysian brokerage account (Updated 2022), How to buy U.S. shares in Singapore and open a U.S. brokerage account (updated 2022), How saving just $11 a day can make you a millionaire, Heres how Id invest $10,000 during this COVID-19 crash, How to start investing in Singapore: A practical guide for beginners (updated 2023), 7 quick steps to pick the best dividend stocks, How to open a Singapore bank account for Malaysians, 5 reasons why you should attend annual general meetings if youre an investor, Top 10 Singapore REITs that made you money if you invested from their IPOs (updated 2020). In 2019, it has a total revenue 377.3B ($53.52 B). 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. However, there is still room for further improvement in other game genres such as role-playing games. 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. Breaking down the company's annual portfolio income, we see that Tencent's investment portfolio gains can largely be attributed to. Accessed March 02, 2023. https://www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent. Values have been rounded. You need a Statista Account for unlimited access. Overview 1) Briefly introduce your company and what it does. Learn more about how Statista can support your business. Tencent's revenues related to the application mostly come from the domestic version (i.e. With inflation soaring, consumers became more frugal with their spending. To use individual functions (e.g., mark statistics as favourites, set It's clear that Tencent is expanding its games portfolio by setting its sights globally; 25% of its games revenue is now derived from international markets, and that figure grew by 20%. 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). Comparing the five REIT ETFs listed in Singapore: Which should you pick? March 23, 2022. Note: for the purposes of this article and series, we use the terms Weixin and WeChat interchangeably. Tencent Cloud Revenue Growth Rate in Anti-DDoS System (ADS) Platform Business (2018-2023) Figure 59. Regular host and presenter of a weekly financial webinar with KCLau.com. #1: The Weixin/WeChat Market Is Saturated, While QQ is Declining in Popularity. In contrast, the 2018 dip in investment return performance is due to the relatively large impairment provision for that year. In contrast, Media Advertising accounted for only 2.4% of total revenue and 15% of online advertising revenue. If you are an admin, please authenticate by logging in again. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. You can only download this statistic as a Premium user. As a Premium user you get access to the detailed source references and background information about this statistic. Show publisher information 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. 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. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. The company generated a net income of 21B ($2.99B) for the period, down 10% from 23.4B ($3.32B) in the same period in the previous year. 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. Lau added Tencent will add a new. Statista. 2014.11.13 Warner Music Group and Tencent enter groundbreaking strategic partnership in China . Tencent's leading Internet platforms in China are QQ Instant Messenger, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay. Are you interested in testing our business solutions? Tencent Holdings Limited is an Internet service portal. "Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan)." 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. Tencent achieved a 10-year CAGR of 40.7% and 33.6% in its group revenues and shareholders earnings respectively. 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. It is looking to launch a mobile version of its League. SoundHound Just Got $100M From . Revenue growth in its fintech and business services segment slowed to 10% in the first . Profit from the additional features of your individual account. The Chinese giant reported continued growth in its Q4 and full-year financial results, which is expected.Total Q4 2019 generated revenue is RMB 106 billion ($15.2 billion), up 25% year-over-year. As a Premium user you get access to background information and details about the release of this statistic. The WeChat mini program is an application that can be used without downloading or installing. In China, there is a saying: WeChat is like their wallet and Alipay is our bank account. Profit from the additional features of your individual account. It still has a user base of 612 million users. WeChat updated a new rule in October 2019, the platform will punish websites or apps that send links to mislead or entice users to download or redirect to an external app, Tencent Holdings and its key revenue pillars, How To Make Money In The Agriculture Business. Accessed March 02, 2023. https://www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Tencent. 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 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. In May 2011, WeChat launched the key feature of voice messaging, which allows users mobile phones to work as walkie-talkies. Valuable information is provided here about a particular market segment according to product type, application, region type, and end user. "Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan)." In, Tencent. 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. Segments: Baidu Core . 2014.07.25 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. Access to this and all other statistics on 80,000 topics from, Show sources information 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). One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of April 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. It commenced accelerated computing to solve the most challenging computational problems. The Others segment includes defined contribution pension, asset management and health care businesses. Lastly, we examine Tencent's investment portfolio. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Accessed March 02, 2023. https://www.statista.com/statistics/292801/revenue-distribution-of-tencent/, Tencent. Statista. If you are an admin, please authenticate by logging in again. 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. If you are an admin, please authenticate by logging in again. In, Tencent. It was supported by higher revenue earned from Weixin Moments, Mini Programs, and its mobile advertising networks. 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. #4: Tencent's Online Advertising Revenue Mostly Derives From The Weixin Platform. As a Premium user you get access to the detailed source references and background information about this statistic. 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. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Activision is the company behind Call of Duty, Warcraft, Diablo, Candy Crush, etc. 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. Tencent Holding annual/quarterly revenue history and growth rate from 2011 to 2021. 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. Tencent Holdings Limited is headquartered in Shenzhen, the People's Republic of China. You need at least a Starter Account to use this feature. Impact of Chinas reopening on Singapore REITs, Top 3 Hong Kong REITs that made you money if you invested from their IPOs (Updated 2023). A paid subscription is required for full access. You can only download this statistic as a Premium user. Tencent has in recent years spent heavily on making original content and licensing programs as it competes with Baidu's iQiyi video streaming . 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. Use Ask Statista Research Service. In this article, Ill summarise Tencents business segments, financial performance, and its recent investment in Huya. 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). 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. Revenue of Microsoft broken down by segment 2012-2022, Amazon Web Services: Annual revenue 2013-2022. Almost done! I'm especially curious if anyone particularly loves/hates this at $67/share. #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. Since its founding, Tencent has found new income streams including high-performance advertising, gaming, digital content, and fintech services. WeBank. Get full access to all features within our Business Solutions. Dividend investor. As a Premium user you get access to the detailed source references and background information about this statistic. Push to send voice messaging ease of use led to an increased download. #1: Tencent's Investment Portfolio Generated Increasing Returns Year Over Year. 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. Access to this and all other statistics on 80,000 topics from, Show sources information Use Ask Statista Research Service. Operating profit for the segment was $538 million. Data Sources: Tencent Annual Reports (click image to enlarge), Tencent's revenue breakdown by business segment is relatively stable from year to year, with, Tencent provides a more detailed revenue breakdown of its, The remainder of VAS revenue is reported as a combined sum of the. ) A paid subscription is required for full access. The major producers in this industry include Tencent, Microsoft, Sony, etc., whose annual revenue accounts for 4.16%, 4.08% and 3.99% respectively. 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). 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. Since the initial outbreak in Wuhan, the COVID-19 pandemic has brought many changes to our daily lives and caused disruptions to both businesses and economies worldwide. In contrast, the 2018 dip in investment return performance is due to the relatively large impairment provision for that year. Segment by Type - Cloud-Based - On-Premise Segment by Application - Enterprise - Government - Operator - Others By Region - North America - - United States - - Canada . #6: Tencent's Gross Profit Margin Is Relatively Constant While Operating Profit Margin Shows Greater Fluctuation. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. The ideal entry-level account for individual users. 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. Your email address will not be published. The market tends to be driven solely by the domestic players in the near-term At the current price of nearly HKD600, is Tencent still a good buy? Its online games Honour of Kings, PUBG Mobile, and. 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. 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. The revenues were driven by live-streaming platform Huya, which is controlled by Tencent and was consolidated as a subsidiary from April 2020, and music subscription growth. This was due to continuous growth achieved in its VAS, fintech, and online advertising services during the period. 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. A paid subscription is required for full access. We think this market is very close to saturated given China's total 1.4 billion population. ", Tencent, Annual gaming revenue of Tencent in 2021, by segment (in billion yuan) Statista, https://www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/ (last visited March 02, 2023), Annual gaming revenue of Tencent in 2021, by segment (in billion yuan) [Graph], Tencent, March 23, 2022. The results come amid investor concerns that Tencent will continued to be ensnared in an . The Chinese. Its largest segment is Services, which accounted for 68% of total revenues in fiscal 2019. 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. Are you interested in testing our business solutions? Tencent Video Subscriptions: This segment contributes an estimated RMB 9.6 bln ($1.5 bln) which is 1.9% of revenues. statistic alerts) please log in with your personal account. Its various subsidiary companies include Tencent Music Entertainment, Tencent Sports, and Tencent AI. 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. We discuss the impact of other regulatory changes further in Part 3 . You only have access to basic statistics. 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. As of 2019. 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. 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. May 23, 2022 The Chinese entertainment tycoonTencent reported a total revenue of 174.3 billion yuan from online games in 2021. This report depicts a few potential problems and gives solutions to them by doing comprehensive research on the market scenario. Most of the mini-program are targeted at China consumers right now.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[120,600],'investpit_com-box-4','ezslot_0',120,'0','0'])};__ez_fad_position('div-gpt-ad-investpit_com-box-4-0');if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[120,600],'investpit_com-box-4','ezslot_1',120,'0','1'])};__ez_fad_position('div-gpt-ad-investpit_com-box-4-0_1'); .box-4-multi-120{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;}, Marketers can take this opportunity to tap on the Chinese market and create their business account in the WeChat ecosystem. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. . 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. Tencents VAS comprise two sub-segments Gaming and Social Network. Given a history of +5-10% revenue growth, and . Tencent just repurchased shares, a rarity for the company Finally, an announcement Thursday and Friday might have slipped under the noses of investors. Show publisher information Alibaba has two main growth engines: its Chinese commerce segment, which generated 68% of its revenue in the first nine months of fiscal 2023, and its cloud segment, which generated 9% of its revenue. Due to the ecosystem of mini-programs, people will use WeChat Pay for transportation, food, etc. Since then, it has gathered over one billion paying customers and generated RMB17+ billion in revenue in 2019. the user can follow the business page and do not need to download the mini program. 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. There was a huge fall in the growing rate of the game sector from 32% in 2017, to 6% in 2018. Notify me of follow-up comments by email. Tencent News and Tencent Video, see Part 1) have declined due to delays in content launches and the changing regulatory environment. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. We think this market is very close to saturated given China's total 1.4 billion population. interchangeably. Need help with Tencent SWOT & PESTLE Analysis? Tencent is a China-based technology company that is mainly focused on serving the Internet's various services and products. It is social, free and popular on mobile -- the fastest growing segment of gaming. On January 21, 2011, WeChat was officially released. support@swotandpestle.com; . 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. Financial content machine. Media Advertising revenues decreased by 4% -on-year yearto RMB3.5 billion, primarily due to lower advertising revenues from Tencent News app. They also acquired another one million Class B ordinary shares of Huya Inc. from Mr. Dong Rongjie, CEO of Huya Inc. (price undisclosed). In its social networks segment, Tencent generated revenues of 26.7B ($3.85B), representing an increase of 29% YoY. Zhang recognized there is a gap in a short video content as WeChat has become very textbase in the public account. 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.
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