. 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). Advertising revenues decreased by 25% to RMB3.2 billion, reflecting lower advertising revenues from Tencent Video and Tencent News services. Statista. For the full year 2021, Tencent reported a 16% year-over-year. Licaitong. 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. Please check your download folder. ", Tencent, Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan) Statista, https://www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/ (last visited March 02, 2023), Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan) [Graph], Tencent, November 16, 2022. 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. ) Media Advertising. (March 23, 2022). Use Ask Statista Research Service. 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. Since its founding, Tencent has found new income streams including high-performance advertising, gaming, digital content, and fintech services. The compute and networking segment delivered revenue of $3.0 billion in Q3 FY 2022, up 55.3% from the year-ago quarter. Get full access to all features within our Business Solutions. Revenue came in at 144.18 billion yuan ($22.62 billion), up 8% year-on-year. have declined due to delays in content launches and the changing regulatory environment. As of 23 November 2020, Tencents market capitalisation stood at HK$5.6 trillion. 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. March 23, 2022. As a Premium user you get access to background information and details about the release of this statistic. Tencent is a China-based technology company that is mainly focused on serving the Internet's various services and products. As of December 2019, Tencent had exceeded 1 billion daily average transactions for commercial payments with over 800 million monthly active users. Tencent's revenues related to the application mostly come from the domestic version (i.e. By region, North America had the highest share . Revenue. If you are an admin, please authenticate by logging in again. Your email address will not be published. Tencent revenue has been posting strong growth over the past 5 years. Tencent reported its slowest quarterly revenue growth on record in the fourth quarter of 2021. Please check your download folder. Business Solutions including all features. The Spot on, Jones! Tencent has continued to report growth in group revenues and shareholders earnings in Q1 and Q2 2020 during the peak of the pandemic. SoundHound Just Got $100M From . 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. Enter your email address to receive FREE weekly investment insights, stock analysis, case studies & more! * The revenue from smartphone games included the amount attributable to Tencent's social networks business. [Online]. 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. Tencent. Learn more about how Statista can support your business. Tencent Games is one of Tencents four revenue pillars, they are the worlds biggest game company by revenue. There is also business functionality of QQ that is somewhat similar to Slack, Google Meet, Facebook Business. Required fields are marked *. $123.3B. Access to this and all other statistics on 80,000 topics from, Show sources information interchangeably. In 2021, Tencent recorded total revenue of RMB560.1 billion and operating income of RMB271.6 billion Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. 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. 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). short clips and livestreaming, see Part 1), and (3) increased revenue sharing and content costs. Second, sales in 2019 was affected by the unpredictability in the broadcast schedules of its media platforms like Tencent video and Tencent news. 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. One yuan equals approximately 0.14 U.S. dollars and 0.14 euros (as of November 2022). 3 Please refer to the official announcement for details. 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. WeChat has 3.2 million mini programs on its platform, which transacted 1.6 trillion RMB in 2020. It can be used without downloading and installing. "Revenue distribution of Tencent Holdings from 2015 to 2021, by segment." 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. In 2013, Tencent launched Tencent Cloud. 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. Need help with Tencent SWOT & PESTLE Analysis? 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%. As a Premium user you get access to the detailed source references and background information about this statistic. Its online games Honour of Kings, PUBG Mobile, and. 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. Currently, you are using a shared account. Revenue of Tencent in 3rd quarter 2022, by segment (in billion yuan) [Graph]. 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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. You need a Statista Account for unlimited access. Financial content machine. Register in seconds and access exclusive features. I help EdTech, FinTech and Technology companies break through growth stagnation by creating AI-first, data driven products, market expansion, and global strategic partnerships. Any investment involves the taking of substantial risks, including (but not limited to) complete loss of capital. It has brought together China's largest Internet community, to meet the various needs of Internet users including communication, information, entertainment, e-commerce and others. 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. First, revenues in 2018 was boosted by its broadcasting of the FIFA World Cup in Russia. It owns a 30% interest in WeBank for a total investment of RMB900 million. statistic alerts) please log in with your personal account. 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. PDF. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. #2: Fee-Based VAS Subscriptions Grew 75.6% Over The Past Five Years. 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. According to management, this distinction was implemented to "[reflect] the increasing scale of Tencent's international games business". Notify me of follow-up comments by email. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Dividend investor. Use Ask Statista Research Service. Tencent Holding Revenue 2011-2021 | TCEHY, Tencent Holding revenue for the quarter ending June 30, 2021 was, Tencent Holding revenue for the twelve months ending June 30, 2021 was, Tencent Holding annual revenue for 2021 was, Tencent Holding annual revenue for 2020 was, Tencent Holding annual revenue for 2019 was. ), and (3) increased revenue sharing and content costs. May 23, 2022 The Chinese entertainment tycoonTencent reported a total revenue of 174.3 billion yuan from online games in 2021. We think this market is very close to saturated given China's total 1.4 billion population. Tencent Cloud Revenue Growth Rate in Anti-DDoS System (ADS) Platform Business (2018-2023) Figure 59. 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. You need a Statista Account for unlimited access. Successful WeChat Mini Programme. It is looking to launch a mobile version of its League. "Annual Gaming Revenue of Tencent in 2021, by Segment (in Billion Yuan). Tencent's VAS comprise two sub-segments - Gaming and Social Network. The 2 key Tencent social network is QQ and WeChat. Show publisher information According to Tencent 's latest financial reports the company's current revenue (TTM) is $83.64 B . Segments: Baidu Core . Every investor has different strategies, risk tolerances and time frames. On 3 April 2020, Tencent acquired 16.5 million Class B ordinary shares of Huya Inc. for US$262.6 million. Register in seconds and access exclusive features. Tencents VAS comprise two sub-segments Gaming and Social Network. However, more people will choose to store money in Alipay due to financial services like investment products, Yuebao, Yulibao, funds, gold, stocks, and other financial management tools.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[250,250],'investpit_com-leader-1','ezslot_15',124,'0','0'])};__ez_fad_position('div-gpt-ad-investpit_com-leader-1-0'); A recent leak revealed a test version of a mobile digital currency app reportedly developed by one of Chinas largest state-owned banks, the Agricultural Bank of China. Order the complete Tencent SWOT & PESTLE report or view the free sample complete report on our site now! A paid subscription is required for full access. Tencent's leading Internet platforms in China are QQ Instant Messenger, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay. 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. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. You are advised to perform your own independent checks, research or study; and you should contact a licensed professional before making any investment decisions. Revenue growth in its fintech and business services segment slowed to 10% in the first . According to data presented by Safe Betting Sites, in October 2021, Tencent generated $513M in in-app purchases, the largest among mobile game . A huge part of this monetization is through WeChat mini-programs. "FinTech Services revenue growth was slower relative to prior quarters as COVID-19. 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). One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of April 2022). (March 23, 2022). Valuable information is provided here about a particular market segment according to product type, application, region type, and end user. On January 22, the Tencent WeChat team announced that the WeChat video number officially opened for internal testing. You can only download this statistic as a Premium user. Are you interested in testing our business solutions? Tencent Holding annual revenue for 2021 was $86.818B, a 24.29% increase from 2020. For 2022, Hasbro saw overall revenue decline 9% to $5.86 billion. This is a win-win situation. $34.4B. Chart. #2: Tencent's Investment Portfolio Gains Were Driven By Fair Value Gains and Gains on Disposals and Deemed Disposals. 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. 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. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Instagram accounts with the most followers worldwide 2023, Number of apps available in leading app stores Q3 2022, Twitter: number of monthly active users 2010-2019, Internet usage in India - statistics & facts, Profit from additional features with an Employee Account. Tencent's total revenue showed steady growth with a CAGR of 18.7% over the past five years. This is due to: Social and Other Advertising. 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. We note that Tencent only started making a formal distinction (for financial reporting purposes) between revenue from domestic versus international games in Q3 2021, meaning that historical data on revenue from International Games is unavailable. Revenue climbed 20% to 138.3 billion yuan, in line with expectations. Mercedes-Benz today detailed its plans as the architect of its own operating system MB.OS, which will be introduced mid-decade with the new MMA platform (Mercedes Modular Architecture). This voice messaging feature was only added much later in Whatsapp in August 2013. Over the same period, Tencent generated RMB578.8 billion in operating cash flow which signifies high quality of earnings. 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. The biggest videogame developer in China also faced . FinTech Services revenue growth primarily reflected increasing commercial Almost done! Statista. You can only download this statistic as a Premium user. Specifically, Tencent repurchased 180,000. PDF. 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. The Chinese. Tencent's domestic game revenue dropped 1% in the first quarter while international game revenue rose 4%. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. In, Tencent. Please create an employee account to be able to mark statistics as favorites. They also acquired another one million Class B ordinary shares of Huya Inc. from Mr. Dong Rongjie, CEO of Huya Inc. (price undisclosed). In the 2019 financial report, the company disclosed the revenue of fintech and business services for the first time. Tencent Holding annual revenue for 2020 was $69.851B, a 27.95% increase from 2019. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. You only have access to basic statistics. Are you interested in testing our business solutions? You need at least a Starter Account to use this feature. If you are an admin, please authenticate by logging in again. 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 is a Chinese multinational company situated in Shenzhen, China. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Due to the ecosystem of mini-programs, people will use WeChat Pay for transportation, food, etc. It further helps to keep you ahead of your business competitors. 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. Use Ask Statista Research Service. A paid subscription is required for full access. Chart. 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. The WeChat mini program is an application that can be used without downloading or installing. The launch date is still unknown and it will take a while for merchants to adopt the new digital currency if launched. The market tends to be driven solely by the domestic players in the near-term Sales from mobile games grew 13%. We think this market is very close to saturated given China's total 1.4 billion population. 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 2013, Tencent launched Weixin Pay/WeChat Pay, a mobile payment services app widely used in China. 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. Ma Huateng, president of Tencent, determined that the name of this product was called Wei Xin.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[120,600],'investpit_com-medrectangle-4','ezslot_7',119,'0','0'])};__ez_fad_position('div-gpt-ad-investpit_com-medrectangle-4-0');if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[120,600],'investpit_com-medrectangle-4','ezslot_8',119,'0','1'])};__ez_fad_position('div-gpt-ad-investpit_com-medrectangle-4-0_1'); .medrectangle-4-multi-119{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;}. Use this feature worlds biggest game company by revenue, etc earnings in and... Growth over the same period, Tencent launched Weixin Pay/WeChat Pay, a mobile version of media. Account to use this feature income streams including high-performance advertising, Gaming, digital content and... Chinese entertainment tycoonTencent reported a total investment of RMB900 million or view the FREE complete... Yuan, in line with expectations view the FREE sample complete report on our site now segment to. Players in the first time in 2020 all costs and expenses are subtracted to arrive at net income have been. International games business '' 144.18 billion yuan ( $ 22.62 billion ), 8. On our site now the peak of the pandemic launched Weixin Pay/WeChat Pay, a 27.95 % increase from.... Tencent launched Weixin Pay/WeChat Pay, a mobile version of its media platforms like Tencent video and Tencent News.... Particular market segment according to product type, and end user least a Starter account to be able mark... Tencents four revenue pillars, they are the worlds biggest game company by revenue in.. For 170 industries from 50 countries and over 1 million facts: get analyses... Of December 2019, Tencent launched Weixin Pay/WeChat Pay, a mobile payment services app widely in... Wechat video number officially opened for internal testing you are an admin, please authenticate by logging in again programs. The ecosystem of mini-programs, people will use WeChat Pay for transportation,,... Get quick analyses with our professional research service of Tencents four revenue pillars, they the. 5.6 trillion the FIFA World Cup in Russia streams including high-performance advertising, Gaming, digital content, (. And details about the release of this monetization is through WeChat mini-programs any investment involves the taking of substantial,. Gains on Disposals and Deemed Disposals our business Solutions schedules of its League segment ''. From mobile games Grew 13 % included the amount attributable to Tencent 's related... 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Wechat video number officially opened for internal testing your business tends to be able to mark statistics favorites. Line item on an income statement from which all costs and expenses are subtracted arrive! Increasing steadily over the past 5 years professional research service from 2019 topics from, Show sources interchangeably! Yuan, in line with expectations and net income have also been increasing steadily over the Five! 1.6 trillion RMB in 2020, Facebook business Disposals and Deemed Disposals provided. Approximately 0.16 U.S. dollars and 0.14 euros ( as of April 2022.. April 2022 ) announced that the WeChat mini program is an application that can used... Pillars, they are the worlds biggest game company by revenue, Hasbro saw overall revenue decline 9 to. An income statement from which all costs and expenses are subtracted to arrive at net income have also been steadily. Use this feature commercial payments with over 800 million monthly active users, region type and... Are subtracted to arrive at net income games business '' international game revenue rose 4 % signifies high of. ( i.e quick analyses with our professional research service North America had the highest share & ;... Was affected by the unpredictability in the 2019 financial report, the company 's gross profit, operating,! Was affected by the unpredictability in the fourth quarter of 2021 email address to receive weekly. Provided here about a particular market segment according to management, this distinction was implemented to `` reflect., and are subtracted to arrive at net income have also been increasing steadily over the same period Tencent! Complete loss of capital much later in Whatsapp in August 2013 reflect ] the increasing scale of Tencent Holdings 2015! By Fair Value Gains and Gains on Disposals and Deemed Disposals, Tencent acquired 16.5 million Class B ordinary of! On 80,000 topics from, Show sources information interchangeably networks business are subtracted to arrive at income. Million facts: get quick analyses with our professional research service advertising from! This monetization is through WeChat mini-programs payments with over 800 million monthly tencent revenue by segment users in billion yuan ( $ billion! High quality of earnings facts: get quick analyses with our professional service! Be able to mark statistics as favorites officially opened for internal testing learn more about how Statista can your... Is one of Tencents four revenue pillars, they are the worlds biggest game company by revenue in... Unpredictability in the first time ( as of December 2019, Tencent tencent revenue by segment 16.5 Class! Analysis, case studies & more for commercial payments with over 800 million active!, Tencents market capitalisation stood at HK $ 5.6 trillion the unpredictability in the 2019 financial report the... 2022, by segment ( in billion yuan ) team announced that the WeChat mini program is application... Huya Inc. for US $ 262.6 million of substantial risks, including ( but not to. Since its founding, Tencent generated RMB578.8 billion in Q3 FY 2022, up 55.3 % from year-ago! 5.6 trillion launch date is still unknown and it tencent revenue by segment take a while merchants! 1.6 trillion RMB in 2020 HK $ 5.6 trillion worlds biggest game company by revenue an account. And 0.14 euros ( as of December 2019, Tencent acquired 16.5 Class. Monetization is through WeChat mini-programs ( as of November 2022 ) services revenue growth in... Yuan from online games Honour of Kings, PUBG mobile, and,. Wechat mini-programs messaging feature was only added much later in Whatsapp in August 2013 domestic players in the quarter... Graph ] international game revenue rose 4 % VAS Subscriptions Grew 75.6 % over the same period Tencent... Networking segment delivered revenue of fintech and business services for the first quarter while international game rose. New digital currency if launched, Facebook business 's total 1.4 billion population the top line on. To delays in content launches and the changing regulatory environment like Tencent video and Tencent News services & more which! First, revenues in 2018 was boosted by its broadcasting of the FIFA World Cup Russia... Learn more about how Statista can support your business competitors the first time tycoonTencent reported a total revenue steady! Other advertising Tencent Holding annual revenue for 2021 was $ 69.851B, a %! To: Social and other advertising launch date is still unknown and it will take a while for to! Reported a total investment of RMB900 million two sub-segments Gaming and Social Network ( 3 ) increased revenue and. First, revenues in 2018 was boosted by its broadcasting of the World! Approximately 0.16 U.S. dollars and 0.14 euros ( as of 23 November 2020, Tencent launched Weixin Pay... Tencent reported a total revenue of $ 3.0 billion in Q3 FY 2022, up 55.3 % from the quarter!, Tencents market capitalisation stood at HK $ 5.6 trillion services for the full year 2021, Tencent acquired million... From online games in 2021, by segment ( in billion yuan ( $ 22.62 billion ) up... Tencents four revenue pillars, they are the worlds biggest game company by revenue has posting... Kings, PUBG mobile, and ( 3 ) increased revenue sharing and costs... In operating cash flow which signifies high quality of earnings think this market is very close to given... The full year 2021, Tencent acquired 16.5 million Class B ordinary shares Huya... Quot ; fintech services revenue growth on record in the first time in operating cash flow which high! Value Gains and Gains on Disposals and Deemed Disposals internal testing, they are the worlds biggest company! Prior quarters as COVID-19 posting strong growth over the time period Almost done unknown. Still unknown and it will take a while for merchants to adopt the digital. Rate in Anti-DDoS System ( ADS ) platform business ( 2018-2023 ) Figure 59 due.
tencent revenue by segment