Wallets Away
Tencent trialling a new feature to halt high-spending by underage users
“Underage User Game Spending Reminder” to prevent kids from splashing too much cash
Company Profile
Tencent
Website
www.tencent.com
About
Tencent is a world-leading internet and technology company that develops innovative products and services to improve the quality of life of people around the world.
Founded in 1998 with its headquarters in Shenzhen, China, Tencent's guiding principle is to use technology for good. Our communication and social services connect more than one billion people around the world, helping them to keep in touch with friends and family, access transportation, pay for daily necessities, and even be entertained.
Tencent also publishes some of the world's most popular video games and other high-quality digital content, enriching interactive entertainment experiences for people around the globe.
Tencent also offers a range of services such as cloud computing, advertising, FinTech, and other enterprise services to support our clients' digital transformation and business growth.
Tencent has been listed on the Stock Exchange of Hong Kong since 2004.
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+15 more
Accolades
Articles featuring Tencent
Unlocked
Tencent takes on Fortnite’s battle pass with the PUBG Mobile Royale Pass
Playerunknown’s Battlegrounds’ battle pass looks rather familiar
Winner Winner
Report: Tencent set to acquire 10% of PUBG developer Bluehole for $500 million
Sale is not intended to raise capital for Bluehole but instead is a chance for early investors to cash out
Bad Robot Good Deal
J.J. Abrams’ Bad Robot launches new games division with backing from Tencent
Warner Bros is also a minority investor in the new venture
Tournament
Tencent makes E3 debut, partners with ESL and Razer to host Arena of Valor tournament
The Valor Series playoffs will take place at the E3 ESL Arena from June 12th to 13th in Los Angeles
Competitive Investment
Tencent invests in Chinese esports tournament operator VSPN
Company already runs Honour of Kings and Clash Royale competitions
Batman Royale
Batman joins Arena of Valor in new update
Update also includes new deathmatch game mode and complete UI overhaul
Not Bad
Tencent's Honour of Kings made $185 million in April 2018
Fortnite meanwhile generates $296 million across platforms
Dau Royale
PUBG Mobile amasses 10 million daily active users
Most downloaded game in over 100 countries and areas
Tencent Financials
Tencent’s mobile games revenue up 68% to $3.4 billion in Q1 2018
But investors concerned by historically low operating margin
Ouch
Tencent up against worst margins ever as value drops $78 billion
Rising costs and continued investments will strain profits
Tencent... Again
Tencent signs strategic partnership with UK's Department for International Trade
But barely a mention of video games at the event announcing the collaboration
Big Deal
Tencent eyes investment in Playerunknown's Battlegrounds outfit Bluehole
Local media reports investment could equal around $468 million
China Gathering
Tencent to publish new Magic: The Gathering games in China
Deal also includes Southeast Asia territories
Mobile & Conquer
Tencent revives Red Alert game series for mobile
Red Alert Online set for China release
Heading East
Tencent backs Fortnite China release with $15 million investment
Chinese publisher plans esports push
Head Of The Pack
Tencent leads the way in $22 billion spent on games deals in last 12 months
The internet giant participated in over $4 of every $10 invested in games companies and was involved in over three-quarters of all games M&A
You What?
Tencent introduces social credit score system to combat cheaters and reward good behaviour
Game Credit currently only available to Chinese users
Instant Gaming
Tencent opens up WeChat mini-games platform to external devs
Chinese publisher expects significant share of sales
Partners In Education
Tencent partners with Age of Learning to bring ABCmouse English curriculum to China
Consists of more than 5,000 learning activities, including games, puzzles and books
Stats Royale
NetEase’s Knives Out pulled in more than 50 million monthly active users in January
According to Newzoo, the battle royale genre may just have something going for it
The Charticle
PUBG Mobile versus Fortnite Mobile: Which is performing better?
The battle royale commences
Fit For A King
Honor of Kings helps double Tencent profits to $3.4 billion last quarter
56 per cent of third-quarter growth came from the success of mobile titles such as Honor of Kings
Chart Royale
Playerunknown’s Battleground Mobile grabs top spot on iOS free games chart in 17 countries
The battle royale title is also the second spot in Germany and the US
Road To China
Ubisoft partners with Tencent to release games in China
Strategic partnership sees the French firm's titles move into the territory
Given The Boot
Vivendi pulls out of Ubisoft as Tencent becomes shareholder in the French publisher
Conglomerate sells its 27.3 per cent stake in the firm
Chickens On The Menu
Playerunknown’s Battlegrounds Mobile launches in America and Canada on iOS and Android
Further release dates for other regions to be revealed soon
Touched Down
Playerunknown’s Battlegrounds Mobile journeys West with Canada soft launch
Available for download from the Google Play store
Money Stream
Tencent pumps $632 million into Chinese online games streaming platform Douyu
Follows $462 million funding in rival Huya
Big Deal
Chinese games livestreaming service Huya picks up $462 million funding from Tencent ahead of IPO
Tencent has rights to up stake to controlling 50.1 per cent of shares
Fight Fight Fight
Mobile Legends is quietly out-grossing Arena of Valor in many countries
Tencent's MOBA mega-hit isn't winning everywhere
Quite Honorable
Tencent dangles extra Honor of Kings game time carrot to kids who get good grades
New in-game contracts will let children negotiate play time with their parents
Winner Winner Chicken Dinner
The CEO of publishing giant Tencent is now the richest person in China
Tech mogul Ma Huateng also moved 23 places up the global rich list to 15th
Chart Royale
Tencent’s PUBG: Exhilarating Battlefield tops the mobile battle royale stakes in February
Tencent's Playerunkown's Battlegrounds duo make top five most downloaded for February
Winner Winner Chicken Dinner
Playerunknown’s Battlegrounds mobile games are killing it on the Chinese App Store
Battle royale games have been downloaded more than 150 million times on mobile
Kakao Investment 2018
Kakao Games raises $131 million ahead of planned IPO in 2018
Tencent, Netmarble and Bluepoint all chip in
Tencent Invests In Shanda
Updated: Tencent invests $476 million in previous China market leader Shanda Games
Size of stake still unknown
Esports Tournament
Tencent to host $500,000 Arena of Valor World Cup in LA
Chinese publisher wants to create a large esports ecosystem for the hit MOBA
Building A Relationship
Lego partners with Tencent on games and potential social network for kids in China
Lego-specific video zones, code-able toys, and much more
Mini-games For China
Ubisoft and Ketchapp eye China mobile market with Tencent deal
Partnership gives publishers access to 980 million monthly active users of Weixin app
Flipped
Tencent appears to copy Ketchapp's Bottle Flip for new WeChat mini-game
"Tiao yi tiao" looks a lot like Bottle Flip, and the WeChat team seem to know it
Bulls & Bears
Which mobile game stocks performed best in 2017?
On the up
America Of Valor
Tencent's popular mobile MOBA Honor of Kings lands in the US as Arena of Valor
Hasn't got off to an explosive start, but there's still time
Two New Battlegrounds
Tencent reveals two new mobile games based on PC hit PlayerUnknown's Battlegrounds
One traditional, one a little more action-focused
Mobile Hit In-waiting?
PlayerUnknown’s Battlegrounds is coming to mobile through Tencent partnership
Set to launch in China first
Tencent Market Cap
Tencent becomes first company in China to break $500 billion market cap
Bigger than Alibaba, Baidu, EA, Activision Blizzard, and Ubisoft combined
Tencent Financials Q3 Fy17
Tencent mobile revenues grew 84% to $2.75 billion in Q3
Honor of Kings remains the key revenue maker
Snapped Up
Tencent snaps up 12% stake in Snapchat owner
"We have long been inspired by the creativity and entrepreneurial spirit of Tencent"
Round Of Applause
Tencent takes China by storm with mobile browser game that has players applauding Chinese president
It's been played 1.2 billion times already
Arena Of Value
Tencent opens pre-registration campaign for Arena of Valor in US and Canada
Earn in-game rewards by signing up ahead of time