News

Tencent partners with JD.com to produce merchandise based on its IP

Date Type Companies involved Size
September 22nd, 2017 partnership JD.com Inc
Tencent
Not disclosed
Tencent partners with JD.com to produce merchandise based on its IP

Tencent has partnered with e-commerce company JD.com Inc to create a line of merchandise based on the former's mobile games.

As reported by Caixin Global, the deal will see JD creating and selling clothing, accessories, and other products using Tencent-owned logos and IP. This includes its hugely popular mobile MOBA Honor of Kings.

Tencent already owns an 18% stake in JD, and is therefore making use of its existing relationship. It bought up 15% of these shares back in 2014 for around $200 million.

Compementary and accurate

"The plan would be based in Tencent's and JD's platforms and data. It is designed to make complementary and accurate products that can be recommended for our fans and users," said the companies in a joint announcement.

Honor of Kings remains an enormous part of Tencent's business, having helped its revenues in the last quarter hit $8.56 billion. The news that it is coming to Nintendo Switch also possibly caused Nintendo's shares jump to a nine-year high.


Deputy Editor

Ric likes to read epic poems and watch classic films to hide the fact he plays way too many games. The facade has thus far not been very effective.

Comments

No comments
View options
  • Order by latest to oldest
  • Order by oldest to latest
  • Show all replies
Important information

This site uses cookies to store information on your computer. By continuing to use our site, you consent to Steel Media's privacy policy.

Steel Media websites use two types of cookie: (1) those that enable the site to function and perform as required; and (2) analytical cookies which anonymously track visitors only while using the site. If you are not happy with this use of these cookies please review our Privacy Policy to learn how they can be disabled. By disabling cookies some features of the site will not work.