Tencent has a five per cent stake in Activision Blizzard. Honor of Kings Arena of Valor QQ Speed: Mobile / Garena Speed Drifters PlayerUnknowns Battlegrounds: Army Attack Contra Returns Call. In the face of a public backlash, Blizzard eventually partially rescinded the punishment. In October 2019, Blizzard came under fire for banning and revoking the prize money of Hong Kong Hearthstone tournament winner Ng Wai Chung - aka Blitzchung - who used his post-match victory interview to issue a statement of support for Hong Kong protestors. This eclipses 2020 revenues of heavy-hitting. Tencent has not been without controversy over the years, though. According to a new report from Reuters, Tencents Timi studio (Call of Duty Mobile, Honor of Kings) has generated 10 billion in revenues in 2020.
#SOURCES TENCENT TIMI STUDIOS KINGS CALL FULL#
In January 2021 Don't Starve developer Klei Entertainment insisted it "retains full autonomy" after Tencent bought a majority stake in the company, and in December 2020, Tencent became Warframe developer Digital Extremes' parent company after it bought the studio's previous owner, Hong Kong video game company Leyou.
Terms of the investment were not disclosed.Īs Wes reported at the time, we already knew that Tencent is the world's largest video game company in terms of revenue, with significant stakes in a number of western video game publishers, such as League of Legends maker Riot, Clash of Clans studio Supercell, and Fortnite developer Epic Games. The Chinese megacorp acquired a minority stake in Bohemia Interactive, which is based in the Czech Republic. Chinese tech giant Tencent’s Timi Studios, the maker of popular video games Honor of Kings and Call of Duty Mobile, generated revenue of 10 billion last year, two people with direct knowledge. Just last month, Tencent continued its investment spree, this time in Arma and DayZ studio Bohemia. The 10 billion would make Timi the worlds largest developer, the sources say, which many industry watchers had suspected to be the case. According to two sources "with direct knowledge of the matter", Reuters posits that Timi alone accounts for 40 per cent of all game revenue (thanks, TheGamer). Chinese tech giant Tencents Timi Studios, maker of popular video games Honor of Kings and Call of Duty Mobile, generated revenue of 10 billion last year, two people with direct knowledge of the matter told Reuters. The news comes after Tencent publicly reported it had generated 156.1 billion yuan (£17 billion) in revenue from its game business, but stopped short of revealing the revenue for each individual studio.
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