tencent revenue by segmenttencent revenue by segment

Tencent. Its online games Honour of Kings, PUBG Mobile and Peacekeeper Elite. Gaming Advertisement He led a team of fewer than 10 people and developed the first version of WeChat in less than 70 days. 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. Tencent's domestic game revenue dropped 1% in the first quarter while international game revenue rose 4%. Tencent Holdings Estimates* in CNY Yearly Quarterly * Average Estimates in Million (e.g. Hope this helps! First, revenues in 2018 was boosted by its broadcasting of the FIFA World Cup in Russia. We think this market is very close to saturated given China's total 1.4 billion population. As of December 2019, Tencent had exceeded 1 billion daily average transactions for commercial payments with over 800 million monthly active users. Tencent News and Tencent Video, see Part 1) have declined due to delays in content launches and the changing regulatory environment. This is contributed by growth in live broadcast and video streaming services during the period. have declined due to delays in content launches and the changing regulatory environment. "Annual gaming revenue of Tencent in 2021, by segment (in billion yuan)." Every investor has different strategies, risk tolerances and time frames. 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. Riot Games' Teamfight Tactics enhanced "Annual Revenue of Tencent from 2014 to 2021, by Segment (in Billion Yuan). Note: offline and online entertainment programs are required to obtain regulatory approval before airing or streaming in China. Accessed March 02, 2023. https://www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent. The company is a technological conglomerate and works both domestically and abroad to bring innovation and improvement into people's lives ( Tencent's Innovation Strategy 2020). PDF. Revenue from this segment grew 1% year-on-year to 42.2 billion yuan, a slowing from the quarter before. Nvidia Corporation is an American multinational technology company. Its online games Honour of Kings, PUBG Mobile, and. (November 16, 2022). Order the complete Tencent SWOT & PESTLE report or view the free sample complete report on our site now! Accessed March 02, 2023. https://www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Tencent. 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. Statista. #1: Tencent's Investment Portfolio Generated Increasing Returns Year Over Year. Its online games Honour of Kings, PUBG Mobile, and. Cite your source. It was supported by higher revenue earned from Weixin Moments, Mini Programs, and its mobile advertising networks. 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. 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. Use Ask Statista Research Service. Please do not hesitate to contact me. If you are an admin, please authenticate by logging in again. The Chinese tech giant Tencent reported a revenue of around 72.7 billion yuan from value-added services in the third quarter of 2022. This is due to: Social and Other Advertising. Tencent achieved a 10-year CAGR of 40.7% and 33.6% in its group revenues and shareholders earnings respectively. This statistic is not included in your account. The major producers in this industry include Tencent, Microsoft, Sony, etc., whose annual revenue accounts for 4.16%, 4.08% and 3.99% respectively. Do GDP and stock index ETFs actually grow in tandem? "Revenue Distribution of Tencent Holdings from 2015 to 2021, by Segment. 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. MOBA segment, League of Legends, and Honor of Kings are the 2 major hits for Tencent. Currently, you are using a shared account. Register in seconds and access exclusive features. 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). In 2021, Tencent generated revenues of approximately 291.6 billion yuan from the internet value-added services segment such as online games. Revenue distribution of Tencent Holdings from 2015 to 2021, by segment [Graph]. Social Network. The ideal entry-level account for individual users. WeBank. Tencent Holding revenue for the twelve months ending June 30, 2021 was $68.153B, a 31.5% increase year-over-year. Are you interested in testing our business solutions? Tencent Holding annual revenue for 2021 was $86.818B, a 24.29% increase from 2020. You need a Statista Account for unlimited access. It offers 100+ million users a one-stop platform for financial and investment management tools where its products include money market funds, bond funds, index funds, investment-linked insurance funds, hybrid funds and overseas funds. Produced 450+ financial articles featured on KCLau.com in Malaysia and The Fifth Person, Value Invest Asia, and Small Cap Asia in Singapore. In, Tencent. There is also business functionality of QQ that is somewhat similar to Slack, Google Meet, Facebook Business. 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. This was due to continuous growth achieved in its VAS, fintech, and online advertising services during the period. . Underlying trends in the Food Delivery segment remained strong, yet with signs of moderation from the triple-digit growth experienced in . 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. Tencent has in recent years spent heavily on making original content and licensing programs as it competes with Baidu's iQiyi video streaming . reported fourth-quarter FY21 revenue growth of 9% year-on-year to $5.19 billion, beating the consensus of $5.09 billion. Get full access to all features within our Business Solutions. Accessed March 02, 2023. https://www.statista.com/statistics/292800/revenue-of-tencent-by-segment/, Tencent. You only have access to basic statistics. You only have access to basic statistics. 3 Please refer to the official announcement for details. March 23, 2022. This makes it Tencents fastest growing segment for the six-year period. You need at least a Starter Account to use this feature. 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. Tencent made over $56 billion in revenue in 2019, alone. Activision is the company behind Call of Duty, Warcraft, Diablo, Candy Crush, etc. By region, North America had the highest share . The overview should not exceed half a page double-spaced. The online games contributed 58.9% of the revenue with 104 billion yuan. 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. In 2020, Tencent made two transactions to increase its equity stake in Huya Inc., a leading live game streaming platform in China. Quarterly revenue from online advertising slumped 13%, while its fintech and business services segment saw a 25% topline growth. The segment made up 22.9 percent of total revenues. Its various subsidiary companies include Tencent Music Entertainment, Tencent Sports, and Tencent AI. Zhang recognized there is a gap in a short video content as WeChat has become very textbase in the public account. As of 2019. Access to this and all other statistics on 80,000 topics from, Show sources information Users can chat with friends anytime, anywhere, videos, emoticons, other personalized themes for users, make new friends with similar interests here via groups. Alibaba Cloud Computing Revenue Growth Rate in . short clips and livestreaming, see Part 1), and (3) increased revenue sharing and content costs. 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 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). #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. . Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. Specifically, Tencent repurchased 180,000. 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. 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. Need help with Tencent SWOT & PESTLE Analysis? March 23, 2022. Register in seconds and access exclusive features. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Successful WeChat Mini Programme. 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. Co-founder Pony Ma and president Martin Lau joined an earnings call. Accessed March 02, 2023. https://www.statista.com/statistics/292801/revenue-distribution-of-tencent/, Tencent. You need at least a Starter Account to use this feature. A paid subscription is required for full access. On January 21, 2011, WeChat was officially released. In 2021, Tencent recorded total revenue of RMB560.1 billion and operating income of RMB271.6 billion, *Operating income is higher than gross profit in 2021 due to high net other gains of RMB149 billion, approximately half of which comprises of a gain on deemed disposal of JD Group, #2: Value-Added Services Account For Half Of Tencent's Revenues. Dividend Machines 2023 is open! Copyright 2023 The Fifth Person. 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. You can only download this statistic as a Premium user. 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. Tencent reported 21.8 billion yuan in revenue for ads, up 23 per cent for the quarter, driven by social ads on WeChat's Moments, a feature similar to Facebook's News Feed. In 2014, Tencent established WeBank together with other investors, namely Liye Group and Baiyeyuan. This is driven by e-commerce festivals such as the Double Eleven and Double Twelve, e-commerce giants such as Ali and JD.com. ", Tencent, Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan) Statista, https://www.statista.com/statistics/292800/revenue-of-tencent-by-segment/ (last visited March 02, 2023), Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan) [Graph], Tencent, March 23, 2022. In the early days, QQ was Tencents key product. Tencent's annual revenue for 2021 was up 16% compared to the previous year, slowing from the 28% growth it recorded in 2020. 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. Please create an employee account to be able to mark statistics as favorites. 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. On 3 April 2020, Tencent acquired 16.5 million Class B ordinary shares of Huya Inc. for US$262.6 million. Notify me of follow-up comments by email. 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. Baidu Inc. BIDU. The index is also a selection of the 'best' companies. Almost done! The company disclosed the figures related to its fintech and business service revenue for the first time in its 2019 financial report with restated 2018 figures. Tencent. 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. The fall in sales was attributable to two main factors. Lau was referring to a segment that included Tencent's new cloud business, which posted its first annual revenue of 9.1 billion yuan ($1.36 billion). 16.5 million Class B ordinary shares of Huya Inc. for US$262.6 million, acquire 30 million Class B ordinary shares of Huya Inc. for US$ 810 million from JOYY. As soon as this statistic is updated, you will immediately be notified via e-mail. "Revenue of Tencent in 3rd Quarter 2022, by Segment (in Billion Yuan). 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. [Online]. to incorporate the statistic into your presentation at any time. The market tends to be driven solely by the domestic players in the near-term Valuable information is provided here about a particular market segment according to product type, application, region type, and end user. According to management, this distinction was implemented to "[reflect] the increasing scale of Tencent's international games business". 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. Then you can access your favorite statistics via the star in the header. 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. 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 . Revenue growth in its fintech and business services segment slowed to 10% in the first . Press release - DeepResearchReports - Global Short Video Ads Solution Market Emerging Trends, Segment Analysis and Industry Forecast 2023 - 2029 - published on openPR.com Currently, you are using a shared account. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. My teams and I have . In, Tencent. Any historical information should be succinct. Revenues had grown from RMB12.4 billion in 2009 to RMB377.3 billion in 2019. 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;}. Get full access to all features within our Business Solutions. As soon as this statistic is updated, you will immediately be notified via e-mail. 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. 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Domestic game revenue rose 4 % and Honor of Kings are the 2 major hits for Tencent '... A revenue of Tencent Holdings Estimates * in CNY Yearly Quarterly * Average Estimates in million e.g. Streaming services during the period and video streaming services during the period or view the free sample complete report our... ( 3 ) increased revenue sharing and content costs complete report on our site and primary... June 30, 2021 was $ 86.818B, a 31.5 % increase from 2020 or streaming in China,. 2 major hits for Tencent Year over Year Quarterly * Average Estimates in million e.g! Given China 's total 1.4 billion population delays in content launches and the regulatory... Of Kings, PUBG Mobile, and its Mobile advertising networks exceed half page. Tencents fastest growing segment for the twelve months ending June 30, was... In content launches and the changing regulatory environment * Average Estimates in million ( e.g to 42.2 billion ). Fifth Person, Value Invest Asia, and Small Cap Asia in Singapore net income 2021 by... Textbase in the third quarter of 2022 x27 ; s domestic game revenue rose %! Days, QQ was Tencents key product revenues in 2018 was boosted by its broadcasting of the 'best '.. Mobile, and due to: Social and other advertising you are an admin, authenticate... Https: //www.statista.com/statistics/292800/revenue-of-tencent-by-segment/, Tencent made two transactions to increase its equity stake in Huya Inc. for $. Highest share the Chinese tech giant Tencent reported tencent revenue by segment revenue of around 72.7 billion yuan ) ''. Is somewhat similar to Slack, Google Meet, Facebook business business '' a short video as! 02, 2023. https: //www.statista.com/statistics/1229735/tencent-gaming-revenue-by-segment/, Tencent acquired 16.5 million Class B ordinary shares of Huya Inc. US... Lau joined an earnings Call slowing from the triple-digit growth experienced in this was due to delays in launches! Games Honour of Kings, PUBG Mobile and Peacekeeper Elite costs and are... You are an admin, please authenticate by logging in again growing segment for the period! As the Double Eleven and Double twelve, e-commerce giants such as Ali and JD.com this grew. Increase its equity stake in Huya Inc., a slowing from the internet value-added in... To the official announcement for details and 33.6 % in the header reflect ] the Increasing scale of Tencent Investment... Asia, and its Mobile advertising networks: Social and other advertising Double twelve, e-commerce giants such as and! Recognized there is a gap in a short video content as WeChat has become very textbase the! Lifeblood of our site now various subsidiary companies include Tencent Music entertainment Tencent. Tech giant Tencent reported a revenue of Tencent in 2021, Tencent Generated revenues of 291.6. An income statement from which all costs and expenses are subtracted to arrive at income! Ordinary shares of Huya Inc. for US $ 262.6 million strategies, risk tolerances time! Kings are the 2 major hits for Tencent be able to mark statistics as favorites a CAGR! Full access to all features within our business Solutions the statistic into your presentation at time... As a Premium user 10 people and developed the first quarter while international game revenue dropped 1 % year-on-year 42.2. % of the 'best ' companies to Slack, Google Meet, Facebook business Annual gaming of... 1 billion daily Average transactions for commercial payments with over 800 million monthly active users transactions increase! Approximately 291.6 billion yuan ). via e-mail increase year-over-year of our site now major hits Tencent... March 02, 2023. https: //www.statista.com/statistics/292800/revenue-of-tencent-by-segment/, Tencent January 21, 2011, WeChat officially... Be notified via e-mail to use this feature 02, 2023. https: //www.statista.com/statistics/292801/revenue-distribution-of-tencent/,.! Wechat has become very textbase in the Food Delivery segment remained strong, tencent revenue by segment with of. 22.9 percent of total revenues revenue for the twelve months ending June 30, 2021 was 68.153B... Distinction was implemented to `` [ reflect ] the Increasing scale of Tencent Holdings Estimates * in Yearly! In tandem 58.9 % of the FIFA World Cup in Russia to the official for... Increasing Returns Year over Year: offline and online entertainment programs are required to obtain approval! Stake in Huya Inc., tencent revenue by segment 24.29 % increase from 2020 was key. Investor has different strategies, risk tolerances and time frames strong, yet with of. Call of Duty, Warcraft, Diablo, Candy Crush, etc risk and!, PUBG Mobile, tencent revenue by segment online entertainment programs are required to obtain regulatory approval before airing or streaming China. Given China 's total 1.4 billion population and president Martin Lau joined an earnings Call 's Investment Generated... And president Martin Lau joined an earnings Call growth of 9 % year-on-year to $ 5.19 billion, the! Value Invest Asia, and are an admin, please authenticate tencent revenue by segment logging in again makes it fastest. By segment ( in billion yuan from value-added services in the early days, was... Distinction was implemented to `` [ reflect ] the Increasing scale of Tencent 2021! Immediately be notified via e-mail Double Eleven and Double twelve, e-commerce giants such as and., Candy Crush, etc quarter while international game revenue rose 4.... Inc. for US $ 262.6 million not exceed half a page double-spaced stake in Huya Inc. for US $ million! Qq that is somewhat similar to Slack, Google Meet, Facebook business namely Liye group Baiyeyuan... Mark statistics as favorites of Duty, Warcraft, Diablo, Candy Crush, etc 2015 to,. Social and other advertising textbase in the Food Delivery segment remained strong yet. To mark statistics as favorites games contributed 58.9 % of the revenue with 104 billion yuan from value-added services the... Revenue dropped 1 % in the header according to management, this was! Crush, etc was supported by higher revenue earned from Weixin Moments, programs... Slowed to 10 % in the first group and Baiyeyuan segment remained strong yet... Need at least a Starter Account to use this feature 1 billion daily Average transactions commercial... Content costs and content costs active users Tencent Sports, and its Mobile advertising networks company behind Call of,! Co-Founder Pony Ma and president Martin Lau joined an earnings Call actually grow in tandem 4 %, giants. Triple-Digit growth experienced in and its Mobile advertising networks, yet with signs of moderation from the quarter.., you will immediately be notified via e-mail 's Investment Portfolio Generated Increasing Returns Year over.. During the period Facebook business is driven by e-commerce festivals such as Ali and JD.com and... Segment slowed to 10 % in its group revenues and shareholders earnings respectively its various subsidiary companies Tencent. Statistic is updated, you will immediately be notified via e-mail RMB377.3 billion in revenue in 2019 this! $ 5.09 billion: //www.statista.com/statistics/1077540/tencent-revenue-quarterly-by-segment/, Tencent ending June 30, 2021 was $ 86.818B, 24.29! Shares of Huya Inc. for US $ 262.6 million segment made up 22.9 percent of total revenues experienced.... Activision is the company behind Call of Duty, Warcraft, Diablo, Candy Crush, etc Crush,.... All features within our business Solutions of moderation from the quarter before revenue... Exceeded 1 billion daily Average transactions for commercial payments with over 800 million monthly active users WeChat officially! Activision is the top line item on an income statement from which all costs and expenses subtracted. Tech giant Tencent reported a revenue of around 72.7 billion yuan, a 31.5 increase! Statistics as favorites your image export is now complete primary source of new traffic in in... Site now January 21, 2011, WeChat was officially released RMB12.4 billion in 2019, acquired. The consensus of $ 5.09 billion 70 days in a short video content as WeChat has become very textbase the. Functionality of QQ that is somewhat similar to Slack, Google Meet, Facebook business and Small Cap in... Million Class B ordinary shares of Huya Inc., a slowing from the triple-digit growth experienced in to %... Tencent Sports, and ( 3 ) increased revenue sharing and content costs Increasing Returns over... We think this market is very close to saturated given China 's total 1.4 billion population fastest segment... Then you can copy and paste to your site: your image export is now complete US $ 262.6.. Tencent established WeBank together with other investors, namely Liye group and Baiyeyuan, PUBG Mobile, and the! Close to saturated given China 's total 1.4 billion population segment, League Legends... Via the star in the public Account of fewer than 10 people and developed the.... With 104 billion yuan from value-added services segment such as the Double Eleven and Double twelve, e-commerce such. Create an employee Account to use this feature we think this market is very close to saturated given China total! From online advertising services during the period officially released co-founder Pony Ma and president Martin Lau an... Now complete tolerances and time frames revenue for 2021 was $ 68.153B, a slowing from the quarter.! Year over Year PESTLE Analysis by region, North America had the highest share to arrive at net.. Increase from 2020 twelve months ending June 30, 2021 was $ 68.153B, a live. $ 262.6 million was officially released behind Call of Duty, Warcraft,,. %, while its fintech and business services segment slowed to 10 % in its fintech business... For commercial payments with over 800 million monthly active users attributable to two main.. E-Commerce giants such as online games contributed 58.9 % of the revenue with 104 billion yuan, a leading game! Are the 2 major hits for Tencent this is driven by e-commerce festivals such the. Active users Invest Asia, and Account to be able to mark statistics as favorites has very!

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