Tencent's Ability to Monetize in Games and Entertainment Drives Forecast (And Target Price ) Higher

China Internet: Sector Inputs Supportive for Tencent and NetEase.

IQIYI IPO Preview: Likely to Remain a Not-For-Profit

Tencent Holdings Limited (SEHK:700) 4Q17 Preview: An Inline Quarter and a Strong 2018

Making sense of the Global Market, Euromonitor International Ltd.

Yu Mitsuhashi

Making sense of the Global Market

Euromonitor International Ltd.

We are a global market research company focused on industries, countries, economies and consumers worldwide. Our cross-country comparable research helps your organisation identify opportunities and develop growth strategies in countries and regions across the globe. With offices around the world, 1,200 analysts in 100 countries and market research on every key trend and driver, we give you powerful access to the real story behind consumer change.

Thematic (Sector/Industry)

China Diversified consumer services / Thematic (Sector/Industry)

<ul><li>Retail current value sales grew by 24% in 2017 to reach CNY202.1 billion.</li><li>Mobile games drives the category.</li><li>Tencent Games led in 2017 with a 29% retail value share.</li><li>Internet retailing accounted for an 85% retail value share in 2017.</li><li>A 10% retail value CAGR at constant 2017 prices is expected over the forecast period to reach CNY328.6 billion in 2022.</li></ul>

Retail current value sales grew by 24% in 2017 to reach CNY202.1 billion.Mobile games drives the category.Tencent Games led in 2017 with a 29% retail value share.Internet retailing accounted for an 85% retail value share in 2017.A 10% retail value CAGR at constant 2017 prices is expected over the forecast period to reach CNY328.6 billion in 2022.

Sector Capsule: Video Games in China