Tencent Holdings Limited operates in the Information retrieval services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Tencent Holdings Limited with three other
computer services in Asia:
Yahoo Japan Corporation
of JAPAN
(2019
sales of 954.71 billion Japanese Yen [US$9.07 billion]
of which 68%
was Commerce Business),
Rakuten Inc
of JAPAN
(1.26 trillion Japanese Yen [US$12.01 billion]
of which 63%
was Internet Server Business), and
Naver Corp
which is
based in KOREA (SOUTH)
(6.59 trillion Korean Won [US$5.78 billion]
of which 43%
was CPC/CPS).
Sales Analysis.
Tencent Holdings Limited reported sales of 377.29 billion Chinese Renmimbi (US$56.34 billion)
for the
year ending
December of 2019.
This
represents
an
increase of 20.7%
versus 2018, when the company's sales were 312.69 billion Chinese Renmimbi.
Sales at Tencent Holdings Limited have increased during each of the previous five years
(and since 2014, sales have increased a total of 378%).
Sales of Online Advertising saw an increase
of
17.7% in 2019, from
58.08 billion Chinese Renmimbi to 68.38 billion Chinese Renmimbi.
Not all segments of Tencent Holdings Limited experienced an increase in sales in 2019:
sales of Others fell 90.3% to 7.57 billion Chinese Renmimbi.