Tag Archives: tencent

Tencent Games is stepping into European gaming market with an authentic 5V5 mobile MOBA game, Arena of Valor, which is published by Proxima Beta, a division of Tencent Games. Arena of Valor has been already launched in South Korea, Taiwan, Thailand and Vietnam where it was an instant success. Within …

The former COO and president of Sega Europe joins the Chinese company to oversee international partnerships

Liverpool-based developer and animation studio to get backing for new IP projects

Chinese giant Tencent continues to show its interest in western companies, this time by investing in Planet Coaster and Elite Dangerous studio Frontier Developments. Tencent has announced the acquisition of a 9 per cent stake in Frontier, which represents a 17.7m investment. For the Cambridge-based studio, this move will facilitate …

Tencent are now the second biggest shareholder of the Cambridge-based studio

Chinese game giant Tencent has responded to criticism about the alleged addictive nature of its mobile hit Honour of Kings by limiting the amount of time that can be spent playing it. Reuters reports that Chinese parents and teachers have voiced concerns about the number of hours being spent on …

According to Pocket Gamer report, the Chinese media giant owns 2 per cent of the developer

Tencent, the monolithic Chinese internet giant, have shown off a five-year plan to invest $15b into the Chinese esports market. The plan was reported by Chinese media outfit Caixin, but hinted at in the company’s end of year financials for 2016 back in March. It’ll see Tencent supporting its own …

Reuters reports that a listing for the Angry Birds developer "could be possible"

The NBA, hot on the heels of announcing their own esports league with NBA franchises taking part, have set their sights on China. NBA China’s CEO David Shoemaker was talking to CNBC about the NBA’s expansion and how he’s optimistic that esports expansion to China has great potential, when he …