In their most recent earnings announcement, Tencent have announced that they have made a little over $7b in Q1 2017, with $3.3b coming from the online games division. $3.3b is more money than most games companies will make in a year, but Tencent have the benefit of access to the …
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Tencent have announced plans to build the world’s first “esports town” in China, and has reached a “framework agreement” with Wuhu City in China to start work on development. The esports town is to include “an esports theme park, esports university, cultural and creative park, animation industrial park, creative block, …
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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 …
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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. …
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The deal sees the company spend over $140 million on the popular Chinese developer
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The French company looks to take advantage of their IPs and tailor games to the Chinese market
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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 …
Read More »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 …
Read More »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 …
Read More »Tencent managed 13% all by itself
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