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:
Baidu, Incorporation
(2020
sales of 107.07 billion Chinese Renmimbi [US$16.40 billion]
of which 73%
was Baidu Core),
Recruit Holdings Co Ltd
of JAPAN
(2.40 trillion Japanese Yen [US$22.03 billion]
of which 51%
was Talent Dispatch), and
Rakuten Group Inc
which is
also
based in JAPAN
(1.46 trillion Japanese Yen [US$13.36 billion]
of which 56%
was Internet Server Business).
Sales Analysis.
Tencent Holdings Limited reported sales of 482.06 billion Chinese Renmimbi (US$73.82 billion)
for the
year ending
December of 2020.
This
represents
an
increase of 27.8%
versus 2019, when the company's sales were 377.29 billion Chinese Renmimbi.
Sales at Tencent Holdings Limited have increased during each of the previous five years
(and since 2015, sales have increased a total of 369%).
Sales of Value-Added Services saw an increase
of
32.1% in 2020, from
199.99 billion Chinese Renmimbi to 264.21 billion Chinese Renmimbi.
Not all segments of Tencent Holdings Limited experienced an increase in sales in 2020:
sales of Others fell 0.9% to 7.50 billion Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).