To Be The Very Best
1 in 190: Why networking is essential for jobs in games
Chances of getting that job are only 0.05% without putting in those networking hours
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
Success In China
MapleStory M surpassed $55 million in its first 35 days on the Chinese market
The game’s success in China pushed the game over $600 million in lifetime revenue
Market Analysis
Honor of Kings makes $238 to become the world's highest grossing app in August
Plus the full breakdown of August 2023's biggest top ten global app performers
Announcements
Tencent teases competitor to NetEase's Eggy Party
The Fall Guys/Stumble Guys-inspired title has been a big hit for NetEase
Revenue
Nier Automata collaboration pushes Goddess of Victory: Nikke to a half-a billion in revenue
The collaboration saw a 215% increase in sales for the title
Blue Protocol
Tencent reportedly adapting Bandai Namco’s Blue Protocol for mobile
The upcoming title is anticipated to be a smash hit
Chinese Market
Which games ruled the Chinese market in August?
More than fifty new games were released in the world’s biggest mobile gaming market over the month
Industry Insight
China dominates among the top 100 global mobile publishers
40 of the top 100 publishers in August 2023 were from China - three more than in July
Chinese App Stores
China’s app stores begin compliance with China’s latest regulations
Tencent and Xiaomi are among the app store owners now complying with the government’s regulations
Week That Was
Week in Views - What caught our editorial eyes in the last seven days
The Pocketgamer.biz team take their pick of this weeks big news including the rebirth of a legend and the creation of a new genre
Arena Breakout
Arena Breakout surpasses 80 million registered users
The game brings hardcore gaming to mobile platforms
Best Of 2023
The Top 50 Mobile Game Makers of 2023
The movers and the shakers of the last 12 months
Tencent Financials
Tencent generated $20.6 billion in the second quarter of 2023
The total represents an 11% increase from the same period of 2022
Jobs News
August's Mobile Movers and Shakers: Ahmed Sharif joins Sandsoft, Jeaneane Falkler moves to Room 8 and more
August has seen some significant moves by some of the industry's biggest company's - here's the highlights from the last week
Sensor Tower Report
37 of July's top 100 mobile game publishers came from China
Chinese publishers accounted for nearly $2 billion for the month
Gaming In China
China’s gaming market climbed by 20% in July
July offered strong evidence for a rebound in the country’s gaming market
Chinese Restrictions
China to implement new restrictions on children's smartphone use
Just when it looked like China legislation was opening up, new moves to restrict the market are afoot
Deals
Deals Digest: July 2023's biggest deals at a glance
From Tencent’s acquisition spree to the latest moves in Web3, here are this month's biggest deals from around the mobile games world
Tencent Acquisition
Tencent acquires visual novel company Visual Arts
The move follows the company’s acquisition of Techland earlier this week
China Licensing
Is China's gaming output back on track?
With 88 new licences granted, could the country’s regulatory issues be coming to an end?
Ranking
Honor of Kings tops Weibo’s trending list with Honkai: Star Rail in hot pursuit
The microblogging site is one of China’s most popular social media sites and offers an interesting insight into the market
Clash Of The Titans
Eggy Party's success intensified NetEase & Tencent's war for casual supremacy
The tech giants have long been at the top of the mobile games space, but NetEase's recent win has raised the stakes
Ubisoft Financials
Ubisoft saw $298 million in net bookings in Q1 of the 2023-24 fiscal year, but mobile faltered
The gaming giant saw huge success, but struggled on gaming’s biggest platform
Releases
NetEase’s newly-released Justice Online tops the iOS App Store charts
The game was previously tipped to use AI for character dialogue at certain points
Markets
Brazilian mobile market to jump to $5.2bn gross revenue by 2027
Downloads will also rise to 39.1bn, while Africa will still be yet to crack $1bn of mobile revenue
Goliath Games
June’s three most lucrative mobile games all came from China
Sensor Tower reports on the 10 biggest revenue generators worldwide
Mena Is Changing The Game
More than 65% of MENA gaming revenue comes from mobile
Boston Consulting Group’s latest Game Changer report emphasises the growing passion for gaming throughout the region
Making Money
From Peak Speed to Honkai: Star Rail – who to watch in the Chinese games market
Sensor Tower’s June report reveals 39 of top 100 global publishers come from China
Big Festival
How using Tencent’s technology can take games to the next level
At BIG Festival, Tencent’s Tom Petreca discussed how the company’s systems can help elevate games
Stocks
NetEase sees stock rally of 85% fuelled by new game releases
Their performance on the Hang Seng Index got a major boost
Big Festival
Live from the BIG Festival: Day two of Latin America’s biggest gaming event
Thousands of gamers and industry professionals have descended on Sao Paulo - and we’re here on the show floor
Thanks For Coming
The Dubai GameExpo Summit powered by PG Connects was our biggest and most successful debut event in a new territory – here’s what you missed!
1300+ attendees, 800+ leading companies, 60+ countries represented and over 100 expert speakers congregated in Dubai at our first event in the city
Mini-games
WeChat’s mini-games have over 400m monthly active users
The all-in-one social media app and platform is used extensively throughout China
Event Highlights
Global trends, influencers and esports: insights from GameExpo Summit
Our first live event in Dubai delivered essential facts, figures and opinions about the worldwide game development scene (part I)
Week That Was
Week in Views - What caught our eyes in the last seven days
The Pocketgamer.biz team take their pick of this weeks big news including EA's big break up, new looks, new opportunities and new challenges…
Launches
Tencent extraction shooter Arena Breakout set to release on July 14
The shooter promises a hardcore experience for mobile players
Consultation
Indian NGO Prahar calls for ban of Tencent's Undawn
The organisation previously lobbied for the BGMI ban
Tencent X India
Tencent eyes a comeback in India with Undawn
The game’s titles were removed from India but Tencent is ready to return via Level Infinite
Markets
Tencent and NetEase regain momentum as licences return
But licences volumes are still below their equivalent levels from 2017
Reports
China game market forecast to hit $57 billion in 2027
Was $45.5 billion in 2022
Pubg Mobile Domination
PUBG Mobile tops $10 billion in revenue
The game was the second most profitable mobile title of the past two years, behind Honor of Kings
Success In China
Tencent and NetEase generated over 80% of revenue among the country’s top game makers
The two companies were China's top developers by revenue in Q1
Honkai: Star Rail
MiHoYo is aiming for pole position in China’s market
A month on from the release of Honkai: Star Rail, and the game continues its meteoric rise
Back For Good?
BattleGrounds Mobile India is back: So what happened?
With the game set to return to storefronts, how exactly did Krafton get into so much trouble in India?
Financials
Tencent announces positive 2023 first quarter financials
A tantalising glimpse into the goings-on behind the scenes at Tencent
Devil May Duel
Devil May Cry’s Dante is coming to Street Fighter: Duel
Dante will join the game's roster as part of the upcoming Devil Invasion event
Investment
Tencent takes the lead on European investment. Will the rest of China follow?
The company wants to hedge its bets abroad. Could more Chinese-funded M&A action be on the way?
Licencing
China's game regulator approves 86 new games including Mobile Legends: Bang Bang
The game is immensely popular in Southeast Asia
China Changes
Why you should be optimistic about mobile gaming in China
Game licence approvals offer new opportunities to Tencent, miHoYo and others
Collaborations
PUBG Mobile launches Be@rbrick collaboration
The popular collectible figurine franchise is the next major collab for the battle royale smash