Tag Archives: tencent

Following Tencent’s $90m investment in Pocket Gems last week, Karol Severin, MIDiA Research’s lead analyst for research on games and the mobile content economy, shares his view on Tencent’s global expansion strategy. Last week, Tencent announced a $90 million investment into Pocket Gems, a US-based studio best known for its …

Supercell has dated the first ever Clash Royale global competitive season, dubbed the Spring Season. The league will kick off on May 11, with thousands of players competing in open tournaments to prove themselves the Clash Royalists. Players will also be competing for a share of a $1m prize pool. …

The deal sees the company spend over $140 million on the popular Chinese developer

The French company looks to take advantage of their IPs and tailor games to the Chinese market

French publisher Ubisoft has joined forces with the biggest game company in the world to launch a new game designed specifically for China. Might & Magic Heroes: Era of Chaos is a mobile game that will be published by Tencent in the region this June. It is being developed by …

Psyonix has announced a partnership with Tencent Holdings Limited to bring Rocket League to China.  Psyonix is the developers of Rocket League, the phenomenally successful ‘cars playing football’ game that’s captured the imagination of competitive organisations around the world, and Tencent is the Chinese holdings company that owns, among its …

The biggest games company in the world is to take on digital PC games giant Steam. As spotted by PCGamesN, Niko Partners analyst Daniel Ahmad has revealed that the Tencent Games Platform is being rebranded as WeGame. The service already has over 200m users alone in China, compared to Steam’s …

Tencent managed 13% all by itself

The combined revenue of the world’s largest 25 video games companies hit $70.4bn in 2016, representing a year-on-year increase of 17 per cent. Newzoo’s Global Games Market Report reveals that the largest of these was Tencent, whose $10.2bn revenues accounted for 10 per cent of this total. That would actually …

Tencent, the Chinese tech behemoth, and owner of League of Legends developer, Riot Games, has reported it made $21.9 billion in revenue for 2016. Diving deeper into thefinancial report for the year 2016, which was released today, Tencent report that “online games revenues grew by 16% YoY [year on year]” …