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News May 11, 2022

Chinese gamers fear for the safety of data in Tencent mobile games. The holding assures that everything is in order

According to SCMP, concerns arose at the end of April. Then the users of the racing game QQ Speed noticed that some of their data disappeared after the update was released. At the same time, it became known that the support of this and several other titles is now being handled not by Tencent itself, but by its newly created “daughter” Shenzhen Tencent Tianyou Technology Limited.

Industry April 14, 2022

Tencent will block Chinese players from accessing unlicensed foreign games

Yesterday, Tencent announced that it will no longer support unlicensed foreign games. Starting from May 31, the company will change the operation of the services through which players gained access to them.

Investments and transactions February 25, 2022

Tencent bought 1C Entertainment. Now officially (UPDATED)

1C Entertainment, registered in Poland, which owns the rights to the King’s Bounty and Space Rangers series, announced that it has become part of the Chinese corporation Tencent (Updated: “Caliber” is not included in the deal).

Investments and transactions January 17, 2022

Tencent has invested in THE PARASIGHT, a developer of a game about the adventures of Baba Yaga

Last week, Tencent invested in another gaming company. She acquired a minority stake in the Polish THE PARASIGHT. It is not known how much the purchase cost.

Industry December 17, 2021

Chinese authorities have again allowed Tencent to release updates for nine applications from its catalog

Tencent will once again be able to update a number of its applications in China. The company managed to reach an agreement with the authorities three weeks after the ban was issued. However, it is unclear whether the restriction on the release of new mobile products will remain valid.The decision was made by the Ministry of Industry and Information Technology (MIIT), the South China Morning Post reports.

Investments and transactions November 26, 2021

Tencent has bought a minority stake in the Russian GFA Games — studio developer of the shooter PIONER

Another game studio from Russia received investment from Tencent. The deal with the Chinese giant was announced by GFA Games, which is working on the PIONER shooter. The amount and terms of the agreement were not disclosed.

Games November 25, 2021

PUBG Mobile’s revenue exceeded $7 billion — more than a third of the game earned in 2021

PUBG Mobile continues to hold the title of the highest-grossing mobile battle royale. Sensor Tower analysts estimate that the game has earned over $7 billion in three and a half years since its release.

Industry November 24, 2021

Media: Chinese authorities temporarily banned Tencent from releasing new applications and updating existing ones

The industrial giant Tencent is facing problems at home. For an indefinite period, he was banned from publishing new applications in China and updating old ones. The reason for this was “violation of the interests and rights of users.”

Investments and transactions November 19, 2021

Tencent has bought a minority stake in Playtonic, known for the Yooka-Laylee series of games

Chinese giant Tencent has signed another deal. This time, the company acquired a minority stake in the British Playtonic, the authors of the platformer Yooka-Laylee. How much this purchase cost is not disclosed.

Industry November 17, 2021

Media: China is preparing to resume issuing gaming licenses after four months of “freezing”

In the near future, the Chinese regulator will again issue licenses to online games. He hasn’t done it in four months. Against the background of such news, the shares of local giants Tencent and NetEase increased in price.

Investments and transactions November 16, 2021

The creators of the game “Partisans 1941” opened a new studio. Tencent has already invested in it

The Chinese giant Tencent decided to support developers from Russia. The holding invested in Beryoski, a new studio that was opened by the authors of the tactical RTS “Partisans 1941”. The size and terms of the transaction were not disclosed.

Investments and transactions November 12, 2021

Bloomberg: Tencent has bought a controlling stake in Japanese Wake Up Interactive, the parent company of the creators of Ninjala

Tencent has invested in another company. Now she has acquired 90% of the shares of the Japanese Wake Up Interactive, which owns the studio Soleil. The latter specializes in games for the Nintendo Switch. The transaction amount is ¥5 billion ($43.8 million).

Money November 11, 2021

In the third quarter, Tencent’s revenue grew by only 13%. The company has not shown such low dynamics for 17 years

The actions of the Chinese authorities have affected the financial performance of Tencent. The growth rate as revenue reached its lowest in 17 years. In the third quarter of 2021, the company earned $22.2 billion, and its revenue from games amounted to $8.4 billion.

Games November 1, 2021

Announced Honor of Kings: World — a multiplatform RPG with an open world, dragons and flying whales

Tencent and TiMi Studios have announced a game based on the popular mobile MOBA Honor of Kings. It’s called Honor of Kings: World. It will be an open-world RPG that will be released “on multiple platforms.”

Games November 1, 2021

In China, the regional version of Fortnite will be closed — servers will be turned off on November 15

Fortnite is leaving China. The servers of the regional version of the battle royale will stop working in two weeks. Perhaps the closure is due to the lack of popularity of the game and changes in Chinese legislation.

Investments and transactions November 1, 2021

Tencent has invested $264 million in the Japanese Kadokawa — the parent company of the authors of Dark Souls

Tencent continues to act aggressively in the M&A market. This time, the company acquired a stake in the Japanese publishing house Kadokawa, which owns the FromSoftware studio. The transaction amount was ¥30 billion ($264 million).Elden Ring

Industry October 21, 2021

SCMP: TiMi has opened a branch of F1 Studios to create AAA games that can be associated with metaverse

TiMi Studios, the “daughter” of Tencent, announced the launch of F1, a branch for the development of AAA games with an open world. There is a version that the opening of a new studio is one of Tencent’s steps towards the development of the global metaverse. TiMi refutes these rumors.

Investments and transactions October 11, 2021

Tencent acquired a 22% stake in the Bloober Team, the authors of The Medium. The deal cost the company $19.5 million

Tencent continues to invest in Western developers. Recently, the Chinese giant acquired 21.97% of the shares of the Polish studio Bloober Team, becoming its largest shareholder. The transaction amount was 77.6 million Polish zloty ($19.5 million).The Medium

Analytics September 27, 2021

Pokémon UNITE raised $1.7 million in the first five days after its release on Android and iOS

A mobile version of the pocket monster strategy game from The Pokémon Company and Tencent is available from September 22. On the fifth day, the game topped the world download charts in app stores.

Industry September 24, 2021

More than 200 Chinese gaming companies have signed an agreement to combat addiction to video games

Against the background of stricter laws regarding video games, more than 200 companies in China have pledged to independently regulate this area and cooperate with the authorities. They will take a number of measures to combat gambling addiction among teenagers — including using a facial recognition system.According to Reuters, the statement of the Chinese gaming association CGIGC was signed by a total of 213 companies.

All publications by tag «Tencent»

Chinese gamers fear for the safety of data in Tencent mobile games. The holding assures that everything is in order

Tencent will block Chinese players from accessing unlicensed foreign games

Tencent bought 1C Entertainment. Now officially (UPDATED)

Tencent has invested in THE PARASIGHT, a developer of a game about the adventures of Baba Yaga

Chinese authorities have again allowed Tencent to release updates for nine applications from its catalog

Tencent has bought a minority stake in the Russian GFA Games — studio developer of the shooter PIONER

PUBG Mobile’s revenue exceeded $7 billion — more than a third of the game earned in 2021

Media: Chinese authorities temporarily banned Tencent from releasing new applications and updating existing ones

Tencent has bought a minority stake in Playtonic, known for the Yooka-Laylee series of games

Media: China is preparing to resume issuing gaming licenses after four months of “freezing”

The creators of the game “Partisans 1941” opened a new studio. Tencent has already invested in it

Bloomberg: Tencent has bought a controlling stake in Japanese Wake Up Interactive, the parent company of the creators of Ninjala

In the third quarter, Tencent’s revenue grew by only 13%. The company has not shown such low dynamics for 17 years

Announced Honor of Kings: World — a multiplatform RPG with an open world, dragons and flying whales

In China, the regional version of Fortnite will be closed — servers will be turned off on November 15

Tencent has invested $264 million in the Japanese Kadokawa — the parent company of the authors of Dark Souls

SCMP: TiMi has opened a branch of F1 Studios to create AAA games that can be associated with metaverse

Tencent acquired a 22% stake in the Bloober Team, the authors of The Medium. The deal cost the company $19.5 million

Pokémon UNITE raised $1.7 million in the first five days after its release on Android and iOS

More than 200 Chinese gaming companies have signed an agreement to combat addiction to video games