Investment Deal
Tencent invests $1.25bn in new Ubisoft subsidiary focused on top IP
Spin-off includes licences and teams for Tom Clancy’s Rainbow Six, Assassin’s Creed and Far Cry
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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Accolades
Articles featuring Tencent
Investment News
Tencent increases stake in From Software parent company Kadokawa
Publishing giant and Sony open approximately 18% of the company
Esports World Cup
Esports World Cup Foundation partners with Tencent for China expansion
A ''development team'' will also be formed to increase esports engagement and industry collaboration in China
New Offerings
Tencent and Ubisoft’s Guillemot Family explore new venture to boost company value
The deal could let Tencent own a share and gain more control over Ubisoft's IPs, expanding its video game business outside China
Week In Views
China-US political tensions, and Pokémon TCG Pocket surpasses $400m | Week in Views
The Pocketgamer.biz team pick their highlights from the headlines this week and deliver the stories behind the stories
Tencent Trouble
Tencent shares fall as US designates publisher a Chinese military company
134 companies were named in this year's listing
Hot Five
Hot Five: 2024’s top earners, the most downloaded mobile games, and Scopely’s Chengfeng Studio acquisition
Our quick-fix roundup of the hottest stories on PocketGamer.biz
Best Of 2024
Paige Cook's top stories of 2024: Layoffs, Ubisoft woes, WeChat Minigames' boom, Monopoly Go's $4bn push, and Unity's next move
PocketGamer.biz deputy editor Paige Cook highlights some of the top stories of 2024
Government Pressure
Tencent directors resign from Epic Games board over US Justice Department concerns
No company or individual has admitted liability in the investigation
Top Charts
The top grossing mobile games of 2024
Analysis of the highest revenue-generating mobile titles of the year
Best Of The Best
Asian developers dominate as 2024's top 10 new mobile games surpass $3 billion
Dungeon & Fighter: Mobile, Love and Deepspace, Pokémon Trading Card Game Pocket and others led the way for new games’ success this year
Esports Growth
PUBG Mobile commits $10 million to 2025 Esports circuit prize pool
Next year's event will feature over 20 tournaments across various regions
Podcast | Episode 39
Mobile's hot new releases and the loot box investigation unpacked | Week in Mobile Games podcast
The PocketGamer.biz podcast team give you the state of play every week. Here's where to get it and and what's inside this week's episode 39...
Spending Success
Dungeon & Fighter: Mobile smashes $1bn in six months in China
Nexon’s beat 'em up has hit the mighty $1 billion mark solely in iOS player spending in China
Acqusitions
Tencent acquires majority stake in Wuthering Waves developer Kuro Games
Studio claims it will remain independent following the deal
Mobile's New Kings
Royal Kingdom is here - Are new hits reshaping the top grossing mobile games charts?
Analysing the new kings of mobile gaming
Mobile Manoeuvre
Capcom partners with Tencent's TiMi for Monster Hunter Outlanders
The new open-world title aims to bring main series gameplay to mobile
New Studio
Tencent’s Lightspeed Studios opens new Japan studio
Experienced game director Hideaki Itsuno will helm Lightspeed's Japan studio
Major Milestone
Call of Duty: Mobile hits one billion downloads
AppMagic estimates show the title has generated consistent revenue each year since launch
New Game
Garena and Tencent team up to publish tactical FPS Delta Force in MENA, Southeast Asia and South America
The game will feature cross-progression for PC and mobile when it launches next year
Rumour Rebuttal
Tencent denies layoffs despite restructuring, leadership changes and VP’s departure
VP Zeng Yu is retiring as 10 individuals are impacted in management overhaul
Games, Everwhere
Everything is a games platform
Discord, LinkedIn, Telegram - everyone wants in on gaming
Here Comes Halloween
Halloween hijinks get underway in Monopoly Go, Pokémon Sleep, Marvel Snap and more
Many developers are going spooky this month with tricks, treats and more planned for the days ahead…
Share Surge
Ubisoft shares soar 36% as speculation swirls over buyout
Open-world adventures and GaaS games are top priorities for the publisher
Ubisoft Buyout
Tencent and Guillemot family considering a buyout of Ubisoft
The news has already seen Ubisoft shares rise after previously reaching significant lows
Best Of 2024
The Top 50 Mobile Game Makers of 2024
The mobile movers and shakers of the last 12 months revealed!
Lots Of Licences
Chinese licence approvals on track to surpass 2023 with 109 domestic games approved this September
An average of 107 domestic games are being approved every month in 2024
Service Stopper
Pokémon Unite to end service in Belgium and the Netherlands
Fans will be able to continue playing in both countries until November 30th, 2025
Hot Five
Hot Five: Genshin Impact’s $6.3 billion success, Dungeon & Fighter: Mobile’s Chinese takeover, while Ubisoft shares down 20%
Our quick-fix roundup of the hottest stories on PocketGamer.biz
Top Grosser
Dungeon & Fighter: Mobile surpasses $800 million in four months
The beat ‘em up made almost $10 million in a single day this June
Podcast | Episode 29
Playtika acquires SuperPlay, and the secret multi-billion dollar games platform WeChat Minigames | Week in Mobile Games podcast
The PocketGamer.biz podcast team give you the state of play every week. Here's where to get it and and what's inside this week's episode 29...
Mini Games Big Numbers
Behind the scenes of WeChat Minigames and how it has generated $2.3 billion in the first half of 2024
Jakub Remiar shares insight into the current state of WeChat Minigames and its prominence in the Chinese mobile market
Hot Five
Hot Five: iPhone 16 reveal, Monster Hunter’s mega year, and The Elder Scrolls: Castles out now
Our quick-fix roundup of the hottest stories on PocketGamer.biz
Release Reveal
Tencent’s upcoming RPG Honor of Kings: World set for 2025 release date
Spin-off set to launch across multiple platforms
Signed Deal
Tencent’s Lightspeed LA studio signs SAG-AFTRA deal to work with striking members
Developer can now employ performers from the organisation for current and future projects
New Approvals
China licences 117 new games for domestic release bringing this year's approvals to 850 titles
The NPPA has now licensed 850 domestic video game titles in the first eight months of 2024
Change Of Fortune
Tencent and NetEase rethink Japanese strategy with studio closure imminent
The first evidence of the change of heart is the closure of Visions of Mana studio, Ouka Studios just days after the game's launch
Playing Pokemon
Mobile matters at Pokémon Worlds 2024 as Pokémon Go and Unite players get set to clash
Winning players will win $20,000 each this weekend at a competitive tournament that promises to be the biggest ever
Battle Of The Giants
Apple makes new enemies as it pushes Tencent and Bytedance to cough up their 30%
Never one to shy away from a fight, Apple are seeking to close loopholes in WeChat and TikTok that allow users to bypass their fees
Adapt And Approve
Square Enix and Tencent to team up on mobile game based on Final Fantasy XIV
Full details on the new game have yet to be revealed by either company, but a Chinese licence approval suggests the game is in development
Hot Five
Hot Five: HoYoverse’s next game, Monster Hunter Now’s multiplayer mindset, and three years of Pokémon Unite
Our quick-fix roundup of the hottest stories on PocketGamer.biz
Pokemon Power
Pokémon Unite catches $83 million on mobile as it celebrates first three years
Pokémon Gold mascot Ho-Oh rises to the occasion via time-limited event for third anniversary
Ongoing Rift
Tencent's mobile games vanish from Huawei app store rankings
The move left rival NetEase's titles Eggy Party and Fantasy Westward Journey in the top positions
Gacha Giants
From Honkai: Star Rail to Wuthering Waves, gacha giants made $357 million in June
The gacha genre was dominated by Eastern developers last month, with the HoYoverse portfolio putting them out on top
Resilient Growth
Dungeon and Fighter: Origin hits $500 million revenue in its first month
The game made $233.5 million from the Apple App Store alone in June
Top Charts
June 2024 mobile game charts: Dungeon & Fighter Mobile hits No. 1, and Supercell rises to No. 2
Our monthly look at the global mobile game rankings across the App Store and Google Play
China Cha-ching
Dungeon & Fighter Mobile’s first month of iOS revenue was twice that of Honor of Kings
Nexon and Tencent's RPG generated $270 million on iOS in its first month, becoming China’s most-downloaded game
Five New Games
New release roundup: The best new mobile games from draconic dangers to pixelated platformers
We highlight five new games that have broken cover and are all set to do big business
Global Launch
Can Honor of Kings make it in the West? Meet the team going for global glory
We spoke with Honor of Kings chief designer, Dean Huang, head of localisation, Henry Li and its head of esports, Feng to find out why now is Honor of King's time to strike
Approval Achieved
61 new overseas licence approvals in China bring the total to two-thirds of 2023
15 overseas licences were granted in May, including Mario, Pokémon, and Valorant. Now at two-thirds of 2023 with half the year to go