According to Tencent Holdings' financial report, revenue from its value-added services business for the year ended December 31, 2021 increased by 10% year-on-year to RMB291.6 billion. Game revenue in the home market increased by 6% to RMB128.8 billion, driven by games such as Glory of Kings, Call of Duty Mobile And Tianya Mingyue Mobile Game, partially offset by lower revenues from DNF and Peace Elite.
According to Sensor Tower, the total revenue of the IOS area of Honor of Kings in 2021 is 2.8 billion US dollars, which is equivalent to 17.847 billion yuan at the current exchange rate, accounting for more than 14.5% of all Tencent games. If you count the Android area, Xiaobian estimates that there can be 50%, it can be said that "Glory of the King" is the trump card of Tencent Games.
Tencent has adopted a series of comprehensive measures to protect minors in its own market, which directly (the reduction of minors' consumption) and indirectly (R&D resources focus on the implementation of new measures) have affected revenue growth.
International game revenue increased 31% to RMB45.5 billion, with games such as PUBGMobile, Valorant, Brawl and Clash of Clans performing strongly.
Social network revenue grew by 8% to RMB117.3 billion, driven by live streaming video numbers, paid video membership services and revenue contributions from the merger of Huya in April 2020.