What is Tencent?

Tencent uses technology to enrich the lives of Internet users. Our communications and social platforms Weixin and QQ connect users with each other, with digital content and daily life services in just a few clicks. Our high performance advertising platform helps brands and marketers reach out to hundreds of millions of consumers in China. Our financial technology and business services support our partners’ business growth and assist their digital upgrade. We invest heavily in talent and technological innovation, actively participating in the development of the Internet industry. Tencent was founded in Shenzhen, China, in 1998, and listed on the Main Board of the Stock Exchange of Hong Kong since June 2004. (source)

Tencent Revenue Totals

Tencent annual revenue:

• 2020: RMB482,064 million
• 2019: RMB377,289 million
• 2018: RMB312,694 million
• 2017: RMB237,76 million
• 2016: RMB151,938 million
• 2015: RMB102,863 million
• 2014: RMB78,932 million
• 2013: RMB60,437 million

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Additional Tencent Statistics

Tencent market cap:

$456 billion

Last updated 4/4/19

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Industries Tencent invests most in:

Fintech and Gaming

Last updated 1/13/20

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Region Tencent invests most in:

North America

Last updated 1/13/20

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Number of Tencent Meeting users:

100 million users

Last updated 11/12/20

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Tencent News’ share of the Chinese news app market in 2018:

23.7%

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Number of companies Tencent owns or has a stake in:

700

Last updated 2/25/19

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Tencent’s share of China’s social ad market:

59%

Last updated 6/19/17

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Tencent share of global games revenue:

15%

Last updated 1/1/19

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Number of paying Tencent Video subscribers:

120 million

Last updated 11/12/20

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Number of Tencent Video daily active users:

137 million

Last updated 3/18/18

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Number of WeGame users in China:

200 million

Last updated 4/17/17

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Percentage of Supercell that Tencent now owns:

84%

Last updated 8/21/16

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Percentage of China Music Corp that Tencent now owns:

60%

Last updated 7/14/16

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Percentage of Tencent display advertising revenue that comes from mobile:

40%

Last updated 5/13/15

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Percentage of Tencent performance based advertising revenue that comes from mobile:

75%

Last updated 5/13/15

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Number of people that subscribe to Tencent Literature:

2.5 million daily paying readers

Last updated end of 2016

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Percentage Chinese internet users that Tencent apps reach:

98%

Last updated 10/20/17

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Tencent apps’ percent of mobile time spent online in China:

55%

Last updated 10/20/17

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How many people use WeSing?

460 million registered users

Last updated 10/20/17

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Percentage of WeSing users that use it monthly:

76%

Last updated 10/20/17

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Number of Chinese users of Tencent apps that arent in China:

135 million

Last updated 10/20/17

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How many people play Honor of Kings?

200 million players

Last updated 8/16/17

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Tencent’s rank among top 100 most valuable brands:

5th

Last updated 6/4/18

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Amount Tencent reportedly paid for Funcom:

$148 million

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Recent Tencent News

• A closer look at Tencent, the world’s biggest game company, 03/07/2022
• Tencent buys ‘Rime’ developer Tequila Works, 03/19/2022
• Tencent poised to lead China’s charge into the metaverse, 03/19/2022
• Tencent games revenue up 9.9% in 2021 to almost $33 billion, 04/10/2022
• Tencent co-leads $120m round of SaaS employment firm, 04/23/2022
• Tencent bets $280 million on TV and movie content to fend off short video challenge, 02/18/2022
• Tencent signs US$280 million deal for streaming rights to 6,000 films and shows amid rivalry with short video apps, 02/21/2022

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Please note that some of these numbers are easier to find than others. A few of these Tencent statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.

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