2022 Highlights
2022 In Review – January’s Best Bits
As the year draws to a close, we take a look back with our pick of the stories that shaped the last twelve months. Starting with… January
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
China
Tencent chief blasts ‘corruption’ in company according to employees
According to recent reports, Tencent’s internal structure is rife with corruption and mismanagement, as Ma Huateng shifts blame
Stakes And Shares
Tencent becomes second-biggest shareholder in South Korean studio Shift Up
20 percent stake in Goddess of Victory: Nikke co-creator acquired
Diversity In Gaming
An estimated 2.3 million online teenage gamers have been exposed to white supremacist ideology
A recent report by the Anti-Defamation League found a sharp rise in online harassment
Riot Vs Netease
Riot aims at NetEase in latest copyright infringement claim
The suit points out similarities between Valorant and NetEase title Hyper Front
Gaming Post-covid
China rolls back zero-covid policy, but what does this mean for mobile gaming?
The easing of lockdown restrictions could signal a sharp decine for the country's mobile market
Censorship In Games
China blamed for Goddess of Victory: Nikke censorship, despite being unavailable in China
Upcoming graphics content differs from a previously leaked beta, leading to claims that the game is being censored to appease Chinese regulators
Views Week
Week in Views - What caught our editorial eyes in the last seven days
The PocketGamer.biz team reflect on a week of hot new games, success stories and legal worries…
Analysis
Tencent aims to branch from mobile for their big international push
In a recent interview, Tencent global games CEO Michelle Liu said the company’s future lay in the AAA side of games and moving away from mobile as it moves into the international market
Feature
What does it mean for Activision-Blizzard and Take-Two to be mobile first?
The two titans of console and PC gaming have seen their revenue share take a massive turn, becoming mobile first. So, what does this mean for them and for the industry?
Tencent On Trial
Tencent to stand trial in copyright infringement suit tomorrow
The company has been accused of infringing on the rights of Mobile Legends: Bang Bang by Moonton
Analysis
China may still be top of the mobile game, but India is closing in
India has been picking up the pace in recent years with a view to overtaking China as the biggest mobile market
Chinese Market
Microsoft and Sony attempt to woo China's mobile devs with new investments
Mobile is king of China’s games space, but Microsoft and Sony are seeking to hoover up games and talent
Regulations
China claims they have ‘fixed’ the problem of Youth Game Addiction
Chinese authorities have not only been strongly regulating the activities of game companies, but also of players themselves
Racing To Success
PUBG Mobile shifts into high gear with new Maserati partnership
Several of the brand's cars will be featured as vehicles within the game
Honor Of Kings
Honor of Kings is expanding into a full-fledged universe with three new games and a film
The franchise is coming to new platforms for the first time.
Studio Collabs
Capcom to collaborate with Tencent’s TiMi studios for Monster Hunter mobile game
Capcom will work alongside TiMi to produce a game based off the popular Monster Hunter franchise for mobile
Mobile Dominance
The world’s top 10 game companies made $126 billion in 2021 from software, with mobile leading the charge
Tencent came out on top with $33 billion, three quarters of which came from mobile
Financial Report
Ubisoft’s mobile wing is key to the company’s success, suggests financial report
The company hopes the upcoming Rainbow Six Mobile will accelerate its expansion into mobile-first markets
Chinese Gaming Market
China’s gaming market decreases 19.1% quarter-on-quarter
The Chinese market is valued at $8.2 billion
Mena Data
Overview: The MENA games market is expected to be worth $5 billion by 2025
The Middle East has all the ingredients for the perfect gaming boom, with esports and web3 part of the region's growth
Drake Star Report
Drake Star: Quarter 3 of 2022 saw 81 new mergers and acquisitions totalling billions of dollars
Over 300 deals were made from July to September, Embracer Group led the pack with eight acquisitions
Drake Star Report
2022 has seen 976 deals, with Microsoft’s acquisition of Activision Blizzard topping the charts
Drake Star analyses the gaming markets in its Global Gaming Industry Report
Mobile Shark, Do Do Doo
Pinkfong are releasing Baby Shark into a new environment with a new open-world game
Just when you thought it was safe to turn on your phone
Tencent Vs. Moonton
Tencent to pay $31 thousand to Bytedance subsidiary Moonton following defamation dispute
The court found in Moonton’s favour, but the legal battle continues between the two companies
Future Acquisitions
Tencent changing strategy to acquire more majority deals
The tech company is hoping to secure future growth by expanding its gaming assets
Trouble For Tencent
Tencent loses status as China’s biggest company
The company’s stock price has fallen $623 billion from its peak
Master The Pivot
Discover the top tips and tricks to bring your games to new platforms at Pocket Gamer Connects Helsinki
Master the art of bringing your game to new platforms, learn to optimise your development process and growing your company to new spaces
Logitech's Handheld Device
Logitech has announced its G cloud gaming handheld device
Logitech will launch the new device on October the 18th
New Advisor
Former PlayStation Boss Shawn Layden joins Tencent Games
Shawn Layden joins Tencent Games to offer guidance as a strategic advisor
Chinese Licenses
NetEase and Tencent subsidiary receive game approval in China
Allstar Streetball Party and Defense of Health have been approved for release
Market Dominance
1% of publishers are responsible for 91% of app revenue
The publishers also generated 79% of downloads in H1 2022
Company Culture
Ubisoft outline plans to amend company culture
The company hopes to address employee complaints, but is it enough?
Hot Five
Hot Five: September 12th. The five stories you need to know before you start your working week
The biggest stories on PocketGamer.biz in the last week
Tencent X Guillemot Bros
Tencent now owns 49.9 per cent of Guillemot Bros
The investment follows reports that Tencent was seeking majority control of Ubisoft
Layoffs
ByteDance reportedly downsizes games divisions
Hundreds of employees have reportedly been laid off as the brand refocuses
It's Super Effective!
The Pokémon Company sues six Chinese companies
The lawsuit is being filed due to copyright infringement
Best Of 2022
The Top 50 Mobile Game Makers of 2022
The movers and the shakers of the last 12 months
Hot Five
Hot Five: August 22nd. The mobile games industry's unmissable news, features and more
The HOTTEST stories on PocketGamer.biz in the last week
Big Trouble In Little China
Tencent lays of 5500 staff members
The Chinese company posted its first ever year-on-year decline in the latest quarterly report
Quarterly Report
Tencent reports first quarterly loss since first listing in 2004
The company’s revenue has decreased 3% year-on-year
Return Of Tgdc
Tencent Game Developers Conference returns for its sixth year on August 16th to 17th
Attendees can expect to see guest speakers from Supercell, USC Games, and Sumo Digital, who will share their insights into the development of the game industry
Stocks And Shares
Tencent reportedly seeking larger stake in Ubisoft
The rumoured stake raise will see Tencent become the single largest shareholder in the company
New Frontiers
Tencent is developing a handheld cloud gaming console
The device is being developed with Logitech
¥1.1 Million Fee
Shanghai tech firm fined $163,000 for unlicensed game publication
One of the country’s harshest penalties for such cases
Game Licenses
NetEase and Tencent denied licenses in China
The companies were absent from the list of 67 new game approvals
Music Meets Gaming
BLACKPINK to hold PUBG Mobile’s first in-game concert
The band will debut their new track at the event
Mid-year Review
Gaming investment reached $2.6 billion in Q1 2022
The industry continues to be a top growth sector
Rules And Regulations
Tencent confirms strict gaming restrictions for minors in China will continue
Strict regulations attributed to stagnation of growth in Chinese tech industries
The End Of An App
Tencent is closing its mobile games portal WeGame
PC version expected to remain online