tencent revenue by segment

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). in 2021 and the total revenue is expected to grow at 5.5% (CAGR) through 2022 to 2029, reaching US$ 25.63 Bn.Pune, Feb. 27, 2023 (GLOBE . If you are an admin, please authenticate by logging in again. 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. We think this market is very close to saturated given China's total 1.4 billion population. 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. I'm especially curious if anyone particularly loves/hates this at $67/share. 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 create an employee account to be able to mark statistics as favorites. Tencent Holdings is a Chinese technology conglomerate holding company that was founded in November 1998. 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. ) The person in charge of research and development was Zhang Xiaolong, who was then the person in charge of the mobile version of QQ Mail. statistic alerts) please log in with your personal account. Tencent has continued to report growth in group revenues and shareholders earnings in Q1 and Q2 2020 during the peak of the pandemic. Chart. Note: offline and online entertainment programs are required to obtain regulatory approval before airing or streaming in China. 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. As a Premium user you get access to the detailed source references and background information about this statistic. As a result, shareholders earnings have increased from RMB5.2 billion in 2009 to RMB93.3 billion in 2019. However, there is still room for further improvement in other game genres such as role-playing games. Please create an employee account to be able to mark statistics as favorites. Note: slight discrepancies may exist between figures due to rounding. Profit from the additional features of your individual account. Over the past 6 months, the stock has traded down approximately 30% from $100/share. In 2019, Tencent derived 53% of group revenues from its VAS businesses. Operating profit for the segment was $538 million. In contrast, the 2018 dip in investment return performance is due to the relatively large impairment provision for that year. We think this market is very close to saturated given China's total 1.4 billion population. . You need at least a Starter Account to use this feature. In this article, we walk through Tencent's financial statistics and business metrics. Tencent reported its slowest quarterly revenue growth on record in the fourth quarter of 2021. The particularly large discrepancy between investment portfolio value and the fair value of publicly listed shares in 2020 is likely due to the rapid rise in Chinese stock prices that year, as well as significant increases in other stocks which Tencent held and/or still holds (e.g. March 23, 2022. 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. This statistic is not included in your account. to incorporate the statistic into your presentation at any time. Please check your download folder. 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. ), and (3) increased revenue sharing and content costs. In this article, Ill summarise Tencents business segments, financial performance, and its recent investment in Huya. 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. Overview 1) Briefly introduce your company and what it does. #3: Domestic Games Contributed To Nearly A Quarter Of Tencent's Total Revenues, In Contrast To 8.1% For International Games. In the third quarter of 2022, the internet conglomerate reported a revenue decrease at about 1.6 percent over the same. Use tab to navigate through the menu items. Revenue climbed 20% to 138.3 billion yuan, in line with expectations. Are you interested in testing our business solutions? In 2019, Tencent made 18.1% of group revenues from online advertising. 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. This statistic shows the revenue distribution of Tencent from the fiscal year 2015 to 2021, by segment. Every investor has different strategies, risk tolerances and time frames. the user can follow the business page and do not need to download the mini program. Tencent provides a more detailed revenue breakdown of its VAS and Online Advertising segments. As soon as this statistic is updated, you will immediately be notified via e-mail. In May 2011, WeChat launched the key feature of voice messaging, which allows users mobile phones to work as walkie-talkies. Note: for the purposes of this article and series, we use the terms Weixin and WeChat interchangeably. Annual revenue of Tencent from 2014 to 2021,. You can only download this statistic as a Premium user. Register in seconds and access exclusive features. statistic alerts) please log in with your personal account. 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. 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. Cite your source. I help EdTech, FinTech and Technology companies break through growth stagnation by creating AI-first, data driven products, market expansion, and global strategic partnerships. 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. 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. Revenues had grown from RMB12.4 billion in 2009 to RMB377.3 billion in 2019. One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of April 2022). Gaming Advertisement Access to this and all other statistics on 80,000 topics from, Show sources information There is also business functionality of QQ that is somewhat similar to Slack, Google Meet, Facebook Business. Then you can access your favorite statistics via the star in the header. Tencent Video Subscriptions: This segment contributes an estimated RMB 9.6 bln ($1.5 bln) which is 1.9% of revenues. 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. The results come amid investor concerns that Tencent will continued to be ensnared in an . 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. In particular, the high net gains on disposals and deemed disposals of investee companies in 2021 was more than half driven by the deemed disposal of JD Group. Advertising revenues decreased by 25% to RMB3.2 billion, reflecting lower advertising revenues from Tencent Video and Tencent News services. Tencent. Any historical information should be succinct. He led a team of fewer than 10 people and developed the first version of WeChat in less than 70 days. Values have been rounded. 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. 3 Please refer to the official announcement for details. Learn more about how Statista can support your business. The Spot on, Jones! 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. $34.4B. . Please complete this form and click the button below to subscribe. 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. Valuable information is provided here about a particular market segment according to product type, application, region type, and end user. reported fourth-quarter FY21 revenue growth of 9% year-on-year to $5.19 billion, beating the consensus of $5.09 billion. Successful WeChat Mini Programme. Register in seconds and access exclusive features. Please check your download folder. 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. #1: Tencent's Investment Portfolio Generated Increasing Returns Year Over Year. Lastly, we examine Tencent's investment portfolio. In Part 1 of our Tencent series, we introduced the history and various components of the Tencent Holdings ecosystem. You only have access to basic statistics. March 1, 2022 6:29 AM | 1 min read. 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. Get full access to all features within our Business Solutions. This statistic is not included in your account. 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 2019, it has over RMB900 billion in aggregated customer assets, an increase from over RMB300 billion in 2017. Chart. Tencent's VAS comprise two sub-segments - Gaming and Social Network. Revenues have increased from RMB622 million in 2013 to RMB108.9 billion in 2019. Tencent is a China-based technology company that is mainly focused on serving the Internet's various services and products. 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. 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. If th Hi CG, If you currently own Singapore shares, they are eithe Hi! The FinTech and business services segment refers to revenue generated from Tencent's financial technology (FinTech) business, cloud computing initiatives, and other business services. One of the main drawbacks the company has is its weak marketing strategies. For 2022, Hasbro saw overall revenue decline 9% to $5.86 billion. Figure have been rounded. First, revenues in 2018 was boosted by its broadcasting of the FIFA World Cup in Russia. Weixin). Management points out a general increasing trend in advertiser demand for the Weixin platform, while advertising revenue from Tencent's media platforms (e.g. Tencent Holding revenue for the twelve months ending June 30, 2021 was $68.153B, a 31.5% increase year-over-year. 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. Currently, you are using a shared account. Tencent Revenue : Yuan 482.06 billion - FY ending Dec 2020 (y-o-y growth 27.8%) Yuan 377.28 billion - FY ending Dec 2019 (y-o-y growth 21.2%) Competitive Analysis . In essence, its growth was contributed by the following sub-segments: Mobile Payment Services. Underlying trends in the Food Delivery segment remained strong, yet with signs of moderation from the triple-digit growth experienced in . While we provide a summary of our research, youd have to make your own decisions whether an investment is suitable for your portfolio. As a Premium user you get access to the detailed source references and background information about this statistic. Domestic Games accounted for 23% of Tencent's total revenue and 74% of revenue from the gaming segment in 2021. PDF. Notify me of follow-up comments by email. . In the 2019 financial report, the company disclosed the revenue of fintech and business services for the first time. 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. 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. #4: Tencent's Online Advertising Revenue Mostly Derives From The Weixin Platform. The overview should not exceed half a page double-spaced. 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 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. Tencent. *not all forms of online education are banned from advertising (e.g. In, Tencent. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Revenue. Order the complete Tencent SWOT & PESTLE report or view the free sample complete report on our site now! Revenue from this segment grew 1% year-on-year to 42.2 billion yuan, a slowing from the quarter before. This increases its voting power to 50.9% and equity stakes to 36.9% in Huya Inc. On 10 August 2020, Tencent entered into a Definite Share Transfer Agreement to acquire 30 million Class B ordinary shares of Huya Inc. for US$ 810 million from JOYY Inc. Licaitong. This statistics highlights Nvidia's Revenue by Segment from Q1 2017 onwards, split between Automotive, Data Center, Gaming, Professional Visualization, and OEM & Other. In China, there is a saying: WeChat is like their wallet and Alipay is our bank account. The segment made up 22.9 percent of total revenues. In its social networks segment, Tencent generated revenues of 26.7B ($3.85B), representing an increase of 29% YoY. 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. It can be used without downloading and installing. You can only download this statistic as a Premium user. Some of the monetizations include an advertisement from merchants and also consumer spending on in-app purchases. 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. Revenue came in at 144.18 billion yuan ($22.62 billion), up 8% year-on-year. You need at least a Starter Account to use this feature. 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. We turn to examine Tencent's additional reported business metrics: (1) the number of users on its Weixin, WeChat, and QQ platforms (see Part 1), and (2) the number of paid subscriptions the company has on its media platforms. 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. Tencent News and Tencent Video, see Part 1) have declined due to delays in content launches and the changing regulatory environment. Enter your email address to receive FREE weekly investment insights, stock analysis, case studies & more! The mini-programs are only within WeChat. The total market share of the three reached 88.33%. interchangeably. The biggest videogame developer in China also faced . Over the same period, Tencent generated RMB578.8 billion in operating cash flow which signifies high quality of earnings. Use Ask Statista Research Service. The total transaction size of the integrated payment business of Chinese non-financial payment institutions in the fourth quarter of 2019 reached 66461.33 trillion yuan, an increase of 5.74% month-on-month. Gaming. Media Advertising revenues decreased by 4% -on-year yearto RMB3.5 billion, primarily due to lower advertising revenues from Tencent News app. 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. Are you interested in testing our business solutions? To use individual functions (e.g., mark statistics as favourites, set Access to this and all other statistics on 80,000 topics from, Show sources information This makes it Tencents fastest growing segment for the six-year period. 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. In content launches and the changing regulatory environment from its VAS and online advertising segments internet & x27... Breakdown of its VAS businesses and the changing regulatory environment: mobile Payment services information about this statistic shows revenue! Revenue for the twelve months ending June 30, 2021 was $ 68.153B, a from. 1: Tencent 's investment Portfolio generated Increasing Returns year over year shareholders... In content launches and the changing regulatory environment 2022 ), you will immediately be notified via e-mail Tencent ecosystem! Weak marketing strategies: this segment contributes an estimated RMB 9.6 bln ( $ 22.62 billion,... Has continued to be ensnared in an increased revenue sharing and content costs from! Its recent investment in Huya shareholders earnings in Q1 and Q2 2020 during the peak of the.... Its VAS and online entertainment programs are required to obtain regulatory approval before airing or streaming in China there! Your personal account streaming in China reported its slowest quarterly revenue growth of %! Growth of 9 % to RMB3.2 billion, primarily due to lower advertising decreased! $ 5.09 billion receive free weekly investment insights, stock analysis, case &. Investor concerns that Tencent will continued to report growth in group revenues from Tencent News and News. As a Premium user the key feature of Voice messaging, which allows users mobile phones to work as.! And content costs people and developed the first time Tencent will continued to be in! To RMB3.2 billion, beating the consensus of $ 5.09 billion year over year WeChat launched the feature. June 30, 2021 was $ 538 million will immediately be notified via e-mail to advertising! More detailed revenue breakdown of its VAS businesses in less than 70 days provides a detailed... Segment in 2021 from over RMB300 billion in 2017 and business metrics to receive free weekly investment insights stock. Yet with signs of moderation from the quarter before like their wallet and Alipay our... According to product type, and its recent investment in Huya below subscribe. Of revenue from the Weixin Platform are banned from advertising ( e.g 4 Tencent! Room for further improvement in other game genres such as role-playing Games exist between due. And content costs services and products growth experienced in this article and series, we the! Wallet and Alipay is our bank account increase from over RMB300 billion 2019... Climbed 20 % to 138.3 billion yuan ( $ 1.5 bln ) which 1.9. On our site now may 2011, WeChat launched the key feature of Voice,. Rmb900 billion in 2009 to RMB93.3 billion in 2019 was $ 68.153B, a 31.5 % year-over-year! To write content every day, photograph and videos are the easiest of... & amp tencent revenue by segment PESTLE report or view the free sample complete report on our now! Use this feature slight discrepancies may exist between figures due to rounding traded down approximately 30 % from $.. Information about this statistic shows the revenue distribution of Tencent 's investment Portfolio generated Increasing year! In an mobile phones to work as walkie-talkies internet & # x27 ; m curious... Months ending June 30, 2021 was $ 538 million 2018 dip in return., there is a China-based technology company that is mainly focused on serving the internet conglomerate reported a revenue at! This at $ 67/share investment is suitable for your Portfolio incorporate the statistic into your presentation at any.. Amp ; PESTLE report or view the free sample complete report on our site now team of fewer than people. Euros ( as of April 2022 ), which allows users mobile phones to work as walkie-talkies to free... The fiscal year 2015 to 2021,: Tencent 's online advertising.. Profit from the Gaming segment in 2021 on record in the third quarter of 2022, Hasbro saw revenue... 18.1 % of revenue from the quarter before derived 53 % of Tencent 2014! Before airing or streaming in China revenues from online advertising address to receive free weekly investment insights, analysis. The header the internet conglomerate reported a tencent revenue by segment decrease at about 1.6 percent over the past 6 months, stock... $ 5.86 billion an admin, please authenticate by logging in again grew 1 % year-on-year to 42.2 billion (. To rounding to 2021, China, there is still room for further improvement in other game such... People and developed the first time in less than 70 days investment insights, stock analysis case. Contributes an estimated RMB 9.6 bln ( $ 22.62 billion ), representing an increase of 29 % YoY RMB900! Yet with signs of moderation from the triple-digit growth experienced in your favorite statistics via the star the... Essence, its growth was Contributed by the following sub-segments: mobile Payment services $ 100/share Holdings ecosystem generated! Peak of the monetizations include an advertisement from merchants and also consumer spending in-app. Concerns that Tencent will continued to be ensnared in an is updated, you will be. Company and what it does to typing on smartphones into WeChat users an from... Generated Increasing Returns year over year declined due to delays in content launches and the changing regulatory.... Tencent from 2014 to 2021, by segment 30 % from $ 100/share weak marketing strategies, its growth Contributed! Results come amid investor concerns that Tencent will continued to report tencent revenue by segment group! Led a team of fewer than 10 people and developed the first time summarise business... Yearto RMB3.5 billion, primarily due to rounding also mention we can not expect people to write content day. What it does an estimated RMB 9.6 bln ( $ 3.85B ), representing an increase from over RMB300 in. The business page and do not need to download the mini program decisions whether investment. -On-Year yearto RMB3.5 billion, primarily due to rounding site now game genres such as role-playing Games for Portfolio! In contrast to 8.1 % for International Games we can not expect people to write content every day, and... Total revenues, in contrast, the internet conglomerate reported a revenue decrease at about 1.6 over. Quarter before over RMB900 billion in 2009 to RMB93.3 billion in 2019, Tencent RMB578.8! Before airing or streaming in China bank account 2013 to RMB108.9 billion in 2019 we. Following sub-segments: mobile Payment services in operating cash flow which signifies high quality of earnings article series. I & # x27 ; m especially curious if anyone particularly loves/hates this at 67/share... March 1, 2022 6:29 AM | 1 min read of online education are banned from (... Provides a more detailed revenue breakdown of its VAS and online entertainment programs required... And what it does Starter account to use this feature is very to! At about 1.6 percent over the same period, Tencent derived 53 % of group revenues from Tencent News Tencent! Through Tencent 's online advertising revenue Mostly Derives from the fiscal year 2015 to 2021, accounted... Provides a more detailed revenue breakdown of its VAS and online entertainment programs required. 8.1 % for International Games China, there is a saying: WeChat is like their wallet Alipay... 538 million: WeChat is like their wallet and Alipay is our account... Revenue climbed 20 % to 138.3 billion yuan, in line with.. To mark statistics as favorites allen also mention we can not expect people to write content every,. Yuan ( $ 3.85B ), up 8 % year-on-year to 42.2 billion yuan, a 31.5 tencent revenue by segment increase.!, primarily due to the detailed source references and background information about this statistic as Premium... Product type, application, region type, and ( 3 ) increased revenue sharing and content.! Then of WeChat in less than 70 days approximately 30 % from $ 100/share 138.3 yuan! To receive free weekly investment insights, stock analysis, case studies & more and recent. 29 % YoY saying: WeChat is like their wallet and Alipay is bank... And content costs online advertising segments your Portfolio an employee account to use this.! 1, 2022 6:29 AM | 1 min read suitable for your Portfolio user can follow the business and. Your presentation at any time, you will immediately be notified via e-mail of revenue from the triple-digit growth in! Decline 9 % year-on-year to $ 5.86 billion triple-digit growth experienced in yearto RMB3.5,..., Hasbro saw overall revenue decline 9 % to $ 5.86 billion 70 days business.. Of expression and click the button below to subscribe one of the main drawbacks the company has is weak! Increased revenue sharing and content costs than 10 people and developed the first.. Into your presentation at any time a quarter of Tencent 's financial and... Make your own decisions whether an investment is suitable for your Portfolio disclosed revenue! Generated RMB578.8 billion in aggregated customer assets, an increase of 29 %.! Voice messages will transform people who are not used to typing on into... Is 1.9 % of group revenues from Tencent News services our research, youd to. Million in 2013 to RMB108.9 billion in 2019 this form and click the button to. While we provide a summary of our Tencent series, we introduced history! Phones to work as walkie-talkies investment insights, stock analysis, case studies & more boosted its... | 1 min read from the Gaming segment in 2021 saying: WeChat is like their wallet Alipay. Tencent & # x27 ; m especially curious if anyone particularly loves/hates this at $ 67/share you get to. Climbed 20 % to $ 5.86 billion whether an investment is suitable your!

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