World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search


Tencent Is Leading App Publisher From China With Largest Share Of Usage Time In 2020 - 40.9%

Tencent is not only one of the largest internet companies in Asia, but it is also considered one of the largest companies worldwide. Tencent dominates the Chinese app publishing landscape with leading apps in several major categories. According to data presented by Safe Betting Sites, Tencent is the leading app publisher in China with a 40.9% share of mobile app usage time in China.

Almost 41% Of Total Time Spent On Apps, Spent On Tencent Apps

Several of the most popular apps in China, including the most popular overall, WeChat, have Tencent as their publisher. In September 2020, Tencent had the highest reach of Chinese mobile internet users with 96.3% followed closely by Alibaba (95.3%) and Baidu (91%). Tencent apps also account for the largest share of mobile app usage time in China with 40.9%. The next largest share belongs to ByteDabce with 15.4%.

Tencent was ranked by Forbes as the second-largest Chinese public company in terms of brand value just behind e-commerce giants Alibaba. As of 2020, Tencent’s market value was at almost $510B compared to Alibaba’s $545B valuation. Notably, Tencent’s value is more than double the next largest recorded brand value of $242B by The Industrial and Commercial Bank of China.

Tencent Is Leading iPhone Gaming App Publisher In China And Worldwide

In China, there has been a ban on foreign tech companies from operating resulting in the proliferation of domestic game developers. Tencent Mobile Games is by far the largest gaming app publisher in China with revenues of $572M as of January 2021. It dwarfs the next largest revenue of $181M recorded by NetEase Mobile Games. This equates to almost 61M game downloads of Tencent games compared to just 14M for NetEase.

Tencent’s dominance is not limited to China as it is also the leading iPhone gaming app publisher worldwide with an estimated app revenue of $146M. In terms of iPhone gaming app downloads, Tencent Mobile Games is the third most downloaded publisher with over 10M downloads. Its total global game app revenue stands at almost $640M as of January 2021.

Non-Gaming Apps Also a Strongpoint For Tencent

Tencent also publishes non-gaming related apps including leading apps in major categories such as online videos, music and messaging, among many others. Its $44M estimated revenue is second only to Google’s almost 50M revenue. It is also the eighth most downloaded publisher for non-gaming apps worldwide, with 10.4M downloads as of January 2021.

You can read more about the story with more statistics and information at:

© Scoop Media

World Headlines


Tonga Eruption: At Least 3 Dead, Amid Severe Destruction
At least three people have died in Tonga following the massive volcanic eruption and subsequent tsunami wave that hit over the weekend. Homes and other buildings across the archipelago have suffered major damage... More>>

Save The Children: Tonga Volcano Ash And Smoke Cause Concern For Air And Water Safety
Families in Tonga are at risk of exposure to unsafe air and water due to ash and smoke from the Hunga Tonga-Hunga Ha’apai volcano that erupted on Saturday, reports Save the Children...

Sudan: 15 Attacks On Health Facilities And Workers In Two Months

With the crisis escalating in Sudan, there have been 15 reports of attacks on healthcare workers and health facilities since last November, the World Health Organization (WHO) said on Wednesday... More>>

Ethiopia: UN Chief Lauds ‘Demonstrable Effort To Make Peace’

The UN Secretary-General on Wednesday said he was “delighted” to learn that “a demonstrable effort to make peace” in Ethiopia is finally underway, according to information relayed to him by the African Union High Representative for the Horn of Africa... More>>

Tigray: Agencies Suspend Aid As ‘Scores’ Are Killed Due To Airstrikes
Recent airstrikes on camps for internally displaced persons and refugees in Tigray, northern Ethiopia, have reportedly killed scores of civilians, including children, and left many more injured... More>>

UN News: For 25th Year In A Row, Greenland Ice Sheet Shrinks

2021 marked the 25th year in a row in which the key Greenland ice sheet lost more mass during the melting season, than it gained during the winter, according to a new UN-endorsed report issued on Friday... More>>