The Chinese corporation Tencent will release the MOBA Honor of Kings mobile frituplay on the Nintendo Switch handheld console.

According to the results of the 2nd quarter of 2017, the Chinese corporation Tencent earned more on mobile games for the first time than on PC titles.

The Chinese corporation Tencent acquired 9% of the British studio Frontier Developments for $ 23 million. Frontier Developments is known as the creator of the space simulator Elite: Dangerous.

The Chinese government compared online games with poison and demanded that they take measures to prevent the spread of gambling addiction among minors of the PRC, Forbes reports.

Last June, the Chinese Fidget Spinner from Doodle Mobile became the most downloaded game by total downloads from the App Store and Google Play.

The Chinese corporation Tencent has scheduled the official release of its most successful mobile game — Honor of Kings — in the United States and Europe in September this year.

The Chinese corporation Tencent has stated that it will not lose money due to the introduction of game time limits for users of the Honor of Kings mobile MOBA.

The shares of the Chinese media holding Tecent lost $17.5 billion in value after a critical publication about the mobile MOBA Honor of Kings in a government newspaper.

The Chinese corporation Tencent has promised to introduce time limits for underage players in the Honor of Kings mobile MOBA.

Tencent Corporation has revealed plans to create an esports industry in China with a turnover of 100 billion yuan ($14.6 billion) by 2022.

The Chinese corporation Tencent has invested $ 71.7 million dollars in the Beijing developer of mobile and browser games Ourpalm.

The Chinese corporation Tencent has announced its readiness to buy the Finnish company Rovio for $ 3 billion, according to the publication The Information, citing informed sources.

The Chinese corporation Tencent has signed a deal with Time Warner to include characters from the DC Comics universe in its mobile MOBA Strike of Kings.

The revenues of the online gaming division of the Chinese company Tencent amounted to $3.3 billion for the 1st quarter of 2017.

Chinese corporation Tencent invests $90 million in mobile developer Pocket Gems.

One of the most profitable mobile games in the world – Honor of Kings – began to be released on Western markets.

Chinese corporation Tencent acquired 9.9% of shares of local developer Seasun for $142.2 million.

It was reported that the owner of Riot Games and Supercell announced the worldwide release of the digital game distribution service WeGame.

More than half of the participants of the Top 10 largest public corporations (whose shares are traded on the stock market without restrictions) in the world are key players in the gaming industry.