Tag Archives: tencent

Tencent acquires majority stake in Miniclip

Chinese mobile and web game giant Tencent is now in control of Swiss game company Miniclip. VentureBeat reports that the deal will expand Tencent’s ever-increasing presence in the European market. It already owns a majority stake in League of Legends creator Riot Games and a minority stake in Epic. It …

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Tencent game revenue tops EA, Sony – report

Mobile and free-to-play giant Tencent has been beating out AAA companies such as EA and Activision Blizzard in terms of game revenue, according to a new report. A recently published piece from Newzoo has the China-based corporation topping the 10 highest-grossing public game companies. EA and Activision Blizzard finished second …

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Tencent profits exceed $1bn in Q1

Tencent raked in nearly $3 billion in revenue during the first three months of 2014. The China firm made an operating profit of $1.2 billion, an increase of 64 per cent on the previous quarter, and 54 per cent year-on-year. Its online game revenues increased 23 per cent from the …

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NBA 2K Online hits 19m registered users in China

Take-Two and Tencent collaboration NBA 2K Online has garnered 19m registered accounts in China. Joystiq reports Take-Two CEO Strauss Zelnick revealed the milestone during the company’s most recent call with investors. "Usage and player engagement with NBA 2K Online continued to gain momentum, and it’s now the number one PC …

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Candy Crush Saga heading to China via Tencent

King will launch its world-conquering Candy Crush Saga in China this year thanks to a new deal with Tencent. The localised game will be available through Tencent’s Mobile QQ and Weixin Game Centers. I am thrilled to be launching Candy Crush Saga with Tencent in China,” King CEO Riccardo Zacconi …

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