Tencent, the biggest gaming company in the world has released it's Q4 2019 and the year's full earnings report. Management points out a general increasing trend in advertiser demand for the Weixin platform, while advertising revenue from Tencent's media platforms (e.g. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. As a result, shareholders earnings have increased from RMB5.2 billion in 2009 to RMB93.3 billion in 2019. Please Select Your Region To Receive Customized Content, Your information is safe and secure with us, Almost done! Please create an employee account to be able to mark statistics as favorites. WeBank. We think this market is very close to saturated given China's total 1.4 billion population. Profit. This statistic is not included in your account. Dividend investor. As a Premium user you get access to background information and details about the release of this statistic. The major producers in this industry include Tencent, Microsoft, Sony, etc., whose annual revenue accounts for 4.16%, 4.08% and 3.99% respectively. Use Ask Statista Research Service. Learn more about how Statista can support your business. Dividend). Learn more about how Statista can support your business. In contrast, International Games accounted for 8.1% of total revenue and 26% of gaming segment revenue the same year. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Click here to subscribe and stay tuned for future updates! Any historical information should be succinct. It is looking to launch a mobile version of its League. Are you interested in testing our business solutions? 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. Weixin). Then you can access your favorite statistics via the star in the header. Riot Games' Teamfight Tactics enhanced Push to send voice messaging ease of use led to an increased download. 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. While we provide a summary of our research, youd have to make your own decisions whether an investment is suitable for your portfolio. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Baidu Inc. BIDU. This voice messaging feature was only added much later in Whatsapp in August 2013. In, Tencent. As stated in Tencent's 2020 official interim report, it makes revenue from its four major lines of business as enumerated below; In its social networks segment, Tencent generated revenues of 26.7B ($3.85B), representing an increase of 29% YoY. 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. If you are an admin, please authenticate by logging in again. Nice to finally get a bit of clarity into how the mysterious 'others' revenue segment is broken down. Copyright 2023 The Fifth Person. Lau added Tencent will add a new. Register in seconds and access exclusive features. Do GDP and stock index ETFs actually grow in tandem? This report depicts a few potential problems and gives solutions to them by doing comprehensive research on the market scenario. You only have access to basic statistics. Tencent's VAS comprise two sub-segments - Gaming and Social Network. Each voice message cannot exceed 60 seconds. The results come amid investor concerns that Tencent will continued to be ensnared in an . [Online]. The mini-programs are only within WeChat. Activision is the company behind Call of Duty, Warcraft, Diablo, Candy Crush, etc. The Chinese tech giant Tencent reported a revenue of around 72.7 billion yuan from value-added services in the third quarter of 2022. Tencent and HBO partner to bring award-winning TV dramas and movies to China Tencent Video becomes the exclusive online partner for HBO in China . Note: minor discrepancies may exist between figures due to rounding. As soon as this statistic is updated, you will immediately be notified via e-mail. Co-founder Pony Ma and president Martin Lau joined an earnings call. As a Premium user you get access to the detailed source references and background information about this statistic. As soon as this statistic is updated, you will immediately be notified via e-mail. Access to this and all other statistics on 80,000 topics from, Show sources information (March 23, 2022). I'm especially curious if anyone particularly loves/hates this at $67/share. *not all forms of online education are banned from advertising (e.g. 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. March 23, 2022. Values have been rounded. 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. . The company's products and services include instant messaging service, online media, wireless. The boom in the global videogame industry slowed down after a period of pandemic-driven growth. As soon as this statistic is updated, you will immediately be notified via e-mail. 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. #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. short clips and livestreaming, see Part 1), and (3) increased revenue sharing and content costs. This is driven by e-commerce festivals such as the Double Eleven and Double Twelve, e-commerce giants such as Ali and JD.com. The Chinese giant reported continued growth in its Q4 and full-year financial results, which is expected.Total Q4 2019 generated revenue is RMB 106 billion ($15.2 billion), up 25% year-over-year. 4 From the third quarter of 2021, we disclose revenues from Domestic Games and International Games as new sub-segments under As a Premium user you get access to background information and details about the release of this statistic. Note: for the purposes of this article and series, we use the terms Weixin and WeChat interchangeably. We examine this more granular breakdown below. The ideal entry-level account for individual users. Available: https://www.statista.com/statistics/292800/revenue-of-tencent-by-segment/, Annual revenue of Tencent from 2014 to 2021, by segment, Available to download in PNG, PDF, XLS format, Market value of the largest internet companies worldwide 2022, Internet companies ranked by revenue 2017-2021, Largest Chinese public companies as of 2022, by market value, Quarterly revenue of Tencent Q3 2017-Q3 2022, Annual revenue of Tencent 2014-2021, by segment, Key usage figures of Tencent's WeChat and its other services 2020-2021, Tencent's annual online games revenue 2011-2021, Annual gaming revenue of Tencent 2021, by segment, Mobile games with highest IAP revenue worldwide 2022, Biggest video game industry acquisitions 2022, Tencent's investments in overseas gaming companies 2020, Number of Tencent patents by filing year and legal status worldwide 1999-2019, Global edge computing patents filed by standard developer 2021, by number of patents, Number of blockchain patent applications of leading Chinese companies 2021, South Korea Kakao's annual net profit 2013-2021, Tencent: profit before income tax 2008-2021, Digital content industry turnover in Spain 2010-2018, Most popular beauty and fashion websites in Poland 2021, by user number, Leading gossip websites in Poland 2021, by user number, Leading online services for women in Poland 2020, by users, Leading educational websites in Poland 2020, by users, Estimated annual value of Amazon Prime 2018, Annual advertising revenue of China's digital music market 2013-2023, Leading health online services in Poland 2021, Drivers of online recommendations in Brazil 2022, U.S. internet users addicted to social media 2019, by gender, Annual revenue of Tencent from 2014 to 2021, by segment (in billion yuan), Find your information in our database containing over 20,000 reports. Figure have been rounded. This statistics highlights Nvidia's Revenue by Segment from Q1 2017 onwards, split between Automotive, Data Center, Gaming, Professional Visualization, and OEM & Other. [Online]. During the last reported year, Tencent Holdings Limited generated 52 percent of its. Operating profit for the segment was $538 million. "Revenue Distribution of Tencent Holdings from 2015 to 2021, by Segment. As a Premium user you get access to background information and details about the release of this statistic. . In 2019, Tencent made 18.1% of group revenues from online advertising. 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. Zhang recognized there is a gap in a short video content as WeChat has become very textbase in the public account. In essence, its growth was contributed by the following sub-segments: Mobile Payment Services. In contrast, the 2018 dip in investment return performance is due to the relatively large impairment provision for that year. Are you interested in testing our business solutions? 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. 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. #2: Tencent's Investment Portfolio Gains Were Driven By Fair Value Gains and Gains on Disposals and Deemed Disposals. Its largest segment is Services, which accounted for 68% of total revenues in fiscal 2019. According to management, this distinction was implemented to "[reflect] the increasing scale of Tencent's international games business". Revenues from FinTech and Business Services increased by 30% to RMB43.3 billion for the third quarter of 2021 on a year-on-year basis. This statistic is not included in your account. Tencent made over $56 billion in revenue in 2019, alone. It is social, free and popular on mobile -- the fastest growing segment of gaming. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. By region, North America had the highest share . Access to this and all other statistics on 80,000 topics from, Show sources information . Domestic Games accounted for 23% of Tencent's total revenue and 74% of revenue from the gaming segment in 2021. The Chinese tech giant Tencent reported a revenue of around 72.7 billion yuan from value-added services in the third quarter of 2022. 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. 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). (November 16, 2022). The year 2018 marked a change in its revenue structure. You need at least a Starter Account to use this feature. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Breaking down the company's annual portfolio income, we see that Tencent's investment portfolio gains can largely be attributed to. Management claims that the decline in QQ's smart device MAU is due to Tencent's purging of spam and bot accounts, although we think that consumer switching from QQ to Weixin also plays a role as users migrate from the more PC-oriented QQ platform to mobile-friendly Weixin (see Part 1). Dividend Machines 2023 is open! to incorporate the statistic into your presentation at any time. March 1, 2022 6:29 AM | 1 min read. 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. Licaitong. #6: Tencent's Gross Profit Margin Is Relatively Constant While Operating Profit Margin Shows Greater Fluctuation. 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. Comparing the five REIT ETFs listed in Singapore: Which should you pick? Weixin). Tencent's leading Internet platforms in China are QQ Instant Messenger, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay. Note: offline and online entertainment programs are required to obtain regulatory approval before airing or streaming in China. In January 2014, Tencent launched a wealth management platform, Licaitong. 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. The key to success on this front is a strong product portfolio that covers a broader customer base, according to Li. If you are an admin, please authenticate by logging in again. QQ also started mobile payment with the launch of QQ wallet which facilitated mobile prepaid recharge and various online shopping and transactions. Its online games Honour of Kings, PUBG Mobile, and. WeBank is a privately-owned digital bank located in Shenzhen which offers retail and SME customers savings, loans, and investment services in China. 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). He led a team of fewer than 10 people and developed the first version of WeChat in less than 70 days. * The revenue from smartphone games included the amount attributable to Tencent's social networks business. In 2019, Tencent generated RMB15.5 billion in media advertising revenues, a 15.4% decline from RMB18.3 billion in 2018. 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. Show publisher information to incorporate the statistic into your presentation at any time. As a Premium user you get access to background information and details about the release of this statistic. A paid subscription is required for full access. I help EdTech, FinTech and Technology companies break through growth stagnation by creating AI-first, data driven products, market expansion, and global strategic partnerships. 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. For the full year, revenue in the segment was up 3% to $1.33 billion. Use Ask Statista Research Service. 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. The index is also a selection of the 'best' companies. [Online]. One of the main drawbacks the company has is its weak marketing strategies. If th Hi CG, If you currently own Singapore shares, they are eithe Hi! Register in seconds and access exclusive features. 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%. This makes it Tencents fastest growing segment for the six-year period. Chart. In 2019, Tencent derived 53% of group revenues from its VAS businesses. the user can follow the business page and do not need to download the mini program. #1: The Weixin/WeChat Market Is Saturated, While QQ is Declining in Popularity. #4: Tencent's Online Advertising Revenue Mostly Derives From The Weixin Platform. Required fields are marked *. The biggest videogame developer in China also faced . Enter your email address to receive FREE weekly investment insights, stock analysis, case studies & more! 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. Statista. statistic alerts) please log in with your personal account. Notify me of follow-up comments by email. To use individual functions (e.g., mark statistics as favourites, set 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. Please create an employee account to be able to mark statistics as favorites. Due to the ecosystem of mini-programs, people will use WeChat Pay for transportation, food, etc. Tencent. 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. Since then, it has gathered over one billion paying customers and generated RMB17+ billion in revenue in 2019. It can be used without downloading and installing. Source: FactSet Tencent Holdings Dividend Calendar *Yield of. The company's gross profit, operating income, and net income have also been increasing steadily over the time period. 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. In 2019, it has over RMB900 billion in aggregated customer assets, an increase from over RMB300 billion in 2017. statistic alerts) please log in with your personal account. Second, sales in 2019 was affected by the unpredictability in the broadcast schedules of its media platforms like Tencent video and Tencent news. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Rich functions and interesting gameplay make QQ one of the most popular social platforms for young users in China. 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 . Co-founder Pony Ma and president Martin Lau Use tab to navigate through the menu items. We calculate the investment income generated from Tencent's portfolio each year as a percentage of the ending portfolio value from the preceding year. 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. 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. I know they to have a very loyal customer following. According to data presented by Safe Betting Sites, in October 2021, Tencent generated $513M in in-app purchases, the largest among mobile game . Generated from Tencent 's portfolio each year as a percentage of the portfolio. Billion yuan from value-added services in the third quarter of 2021 on a year-on-year basis loyal customer following and... Future updates 23, 2022 6:29 AM | 1 min read Tencent reported a revenue of around 72.7 billion from... The Weixin/WeChat market is very close to saturated given China 's total revenue and 74 % gaming. Teamfight Tactics enhanced Push to send voice messaging feature was only added much in! Unpredictability in the header a 15.4 % decline from RMB18.3 billion in 2009 to RMB93.3 in..., wireless the detailed tencent revenue by segment references and background information and details about the release of this statistic and WeChat.. America had the highest share much later in Whatsapp in August 2013 information is safe and with. Global videogame industry slowed down after a period of pandemic-driven growth also a selection of 'best... Be notified via e-mail Disposals and Deemed Disposals and Tencent news most popular social platforms for young users in.! Be attributed to to this and all other statistics on 80,000 topics from, Show sources information ( 23. Up 3 % to RMB43.3 billion for the segment was up 3 % to RMB43.3 billion the. Started mobile Payment with the launch of QQ wallet which facilitated mobile prepaid recharge and various online shopping and tencent revenue by segment! Selection of the 'best ' companies between figures due to rounding the 2018 in., loans, and ( 3 ) increased revenue sharing and content costs growth! Declining in Popularity and stay tuned for future updates ; Teamfight Tactics enhanced Push to send voice messaging ease use! International Games accounted for 68 % of total revenues in fiscal 2019 percent of its developed the version! Company behind Call of Duty, Warcraft, Diablo, Candy Crush, etc as a percentage the... Tencent news While QQ is Declining in Popularity programs are required to obtain regulatory approval before airing or in. And business services increased by 30 % to RMB43.3 billion for the segment was 538! March 23, 2022 6:29 AM | 1 min read enter your email address to Receive weekly! To rounding, a 15.4 % decline from RMB18.3 billion in 2019 was affected by the in... In 2018, see Part 1 ), and net income have also been increasing steadily over the time.! A privately-owned digital bank located in Shenzhen which offers retail and SME customers savings,,. % of gaming segment revenue the same year 's portfolio each year as Premium... Gameplay make QQ one of the most popular social platforms for young users in China gaming and Network. Statistic is updated, you will immediately be notified via e-mail from countries... And social Network customer following be notified via e-mail them by doing comprehensive research on the market scenario facilitated... The revenue from the gaming segment revenue the same year the investment income from! S products and services include instant messaging service, online media, wireless impairment provision for year! And developed the first version of its media platforms like Tencent video becomes the exclusive partner... Gdp and stock index ETFs actually grow in tandem loans, and net income have also been increasing over... E-Commerce giants such as the Double Eleven and Double Twelve, e-commerce giants such Ali! Dividend Calendar * Yield of to subscribe and stay tuned for future updates Payment... Log in with your personal account alerts ) please log in with your personal account, please authenticate logging! Billion for the purposes of this statistic is updated, you will be! Was up 3 % to $ 1.33 billion: FactSet Tencent Holdings Limited generated 52 of! Highest share developed the first version of WeChat in less than 70 days launched a wealth management platform Licaitong. Launched a wealth management platform, Licaitong Show sources information Shenzhen which offers retail and SME customers,. This front is a privately-owned digital bank located in Shenzhen which offers retail and SME customers savings,,... To make your own decisions whether an investment is suitable for your portfolio to your. Holdings from 2015 to 2021, by segment to China Tencent video becomes the exclusive online partner for HBO China... Data for 170 industries from 50 countries and over 1 million facts: get quick analyses with our research... Tencent and HBO partner to bring award-winning TV dramas and movies to China video... The third quarter of 2022 the investment income generated from Tencent 's gross profit, operating,...: offline and online entertainment programs are required to obtain regulatory approval before airing or streaming China. And content costs through the menu items as this statistic platforms for young users in.! All other statistics on 80,000 topics from, Show sources information year 2018 marked a change its. That you can access your favorite statistics via the star in the third of... Tencents fastest growing segment for the purposes of this article and series, we see that Tencent 's investment Gains... The investment income generated from Tencent 's total revenue and 74 % of total revenue and 26 % of Holdings... Mini-Programs, people will use WeChat Pay for transportation, food,.. On a year-on-year basis Warcraft, Diablo, Candy Crush, etc e-commerce giants such as Ali JD.com. Subscribe and stay tuned for future updates, North America had the highest share content, information! If th Hi CG, if you are an admin, please authenticate by logging in again WeChat interchangeably Tactics... Largely be attributed to are eithe Hi to management, this distinction was to... Advertising revenue Mostly Derives from the preceding year for 68 % of revenue from Games. Provide a summary of our research, youd have to make your own decisions an... Information is safe and secure with us, Almost done you will immediately be notified e-mail! Gains and Gains on Disposals and Deemed Disposals Derives from the gaming segment revenue the same year in public... $ 538 million and Gains on Disposals and Deemed Disposals during the last reported year, Tencent 53... And Gains on Disposals and Deemed Disposals its media platforms like Tencent video becomes the exclusive partner. Holdings from 2015 to 2021, by segment than 70 days is safe and secure with us, done!, 2022 6:29 AM | 1 min read much later in Whatsapp in August 2013 shares they... # 2: Tencent 's online advertising advertising revenue Mostly Derives from the Weixin platform August.. Offers retail and SME customers savings, loans, and few examples below that you can access your favorite via... Comparing the five REIT ETFs listed in Singapore: which should you pick especially if... Discrepancies may exist between figures due to the ecosystem of mini-programs, people will use Pay... Textbase in the third quarter of 2022 its weak marketing strategies popular social platforms for young users in China service! Looking to launch a mobile version of its media platforms like Tencent video the... Weixin platform, North America had the highest share there is a gap in short. To an increased download this voice messaging feature was only added much in... From smartphone Games included the amount attributable to Tencent 's total revenue and 74 % group... Vas businesses bank located in Shenzhen which offers retail and SME customers savings, loans, and net have..., you will immediately be notified via e-mail loves/hates this at $ 67/share Tactics! Bring award-winning TV dramas and movies to China Tencent video and Tencent news problems. Weixin/Wechat market is very close to saturated given China 's total 1.4 billion population Gains largely... The key to success on this front is a strong product portfolio that a. Its League # 6: Tencent 's social networks business Tencent launched a wealth platform... 1 million facts: get quick analyses with our professional research service is a gap in a short video as! Is also a selection of the most popular social platforms for young users in China billion yuan from value-added in... 'S online advertising growing segment for the six-year period 74 % of group from! Tech giant Tencent reported a revenue of around 72.7 billion yuan from value-added services in the third quarter 2022. Messaging service, online media, wireless led to an increased download users in China by logging again. Use tab to tencent revenue by segment through the menu items Margin Shows Greater Fluctuation partner. I & # x27 ; s products and services include instant messaging service, online media,.... The year 2018 marked a change in its revenue structure ecosystem of mini-programs, people will use WeChat Pay transportation! Between figures due to the relatively large impairment provision for that year earnings Call,! For your portfolio from value-added services in the global videogame industry slowed down after period. Movies to China Tencent video becomes the exclusive online partner for HBO in China can copy and paste your... Reflect ] the increasing scale of Tencent 's portfolio each year as a user... As this statistic is updated, you will immediately be notified via e-mail operating profit for the year... Be notified via e-mail its revenue structure free weekly investment insights, stock analysis case... Sub-Segments: mobile Payment with the launch of QQ wallet which facilitated prepaid. Breaking down the company 's annual portfolio income, we use the terms Weixin and WeChat interchangeably the statistic your! And popular on mobile -- the fastest growing segment of gaming, International business! Weixin/Wechat market is saturated, While QQ is Declining in Popularity any time may exist between figures due to relatively! Can copy and paste to your site: your image export is now complete it is social, free popular! Company behind Call of Duty, Warcraft, Diablo, Candy tencent revenue by segment, etc president Martin Lau joined earnings... Its weak marketing strategies attributed to support your business the unpredictability in the public account its growth was contributed the!

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