Shulou(Shulou.com)11/24 Report--

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! According to CTOnews.com news on November 15, Tencent Holdings today released results for the third quarter of 2023 that ended September 30: revenue was 154.6 billion yuan, up 10% from a year earlier.

Tencent Holdings's third-quarter net profit was 36.182 billion yuan, down 9% from a year earlier and up 38% from a month earlier.

The revenue from value-added services is 75.7 billion yuan, estimated at 77.9 billion yuan, an increase of 4% over the same period last year. Of this total, game revenue in the international market is 13.3 billion, up 14% over the same period last year; local game revenue is 32.7 billion yuan, up 5% over the same period last year; and social network revenue is 29.7 billion yuan, which remains generally stable.

The income from the financial technology and enterprise services business is 52 billion yuan, with an estimated 50.71 billion yuan.

CTOnews.com has attached the main performance table:

As for Wechat, the total number of videos played has increased by more than 50% compared with the same period last year, while the volume of original content has grown strongly, accounting for the vast majority of the total number of videos played. The combined number of monthly active users of Wechat and WeChat is 1.336 billion, up 2 per cent from the same period last year.

In terms of QQ, Tencent is enriching the functions of QQ channels, using software tools such as voice chat and event management to help users with common hobbies, activities or membership to operate interest communities. The number of monthly active users of QQ mobile terminals is 558 million, down 3% from the same period last year.

The number of paid members for video fell 3% year-on-year and increased 1% month-on-month to 117 million.

The number of paid music members rose 21% year-on-year to 103 million, while ARPU grew 17% year-on-year.

Wechat's pan-internal circular advertising revenue (referring to ads with WeChat Mini Programs, video number, official account and WeCom as landing pages) increased by more than 30% year-on-year and contributed more than half of Wechat's advertising revenue.

CTOnews.com noted that Tencent announced that it was upgrading its self-developed basic model, Tencent Mianyuan, and deploying it into internal products, while opening it to external enterprise customers.

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