Representatives of Tencent during an online lecture told how the cheat market in China works. The joint actions of the company and the government to combat illegal gaming software do not interfere with the growth of demand. Now this business in the country is estimated at $293 million.Basic market data

The deal between Chinese gaming giant Tencent and Hong Kong-based Leyou Technologies has officially taken place. The purchase amount is HK$11.6 million ($1.498 billion). At the same time, the value of the Warframe owners’ shares is slightly lower – HK$10.24 million ($1.322 billion).

Turkey’s economy is going through hard times, but this does not prevent the gaming segment from flourishing. Over the past five years, Turkish startups related to mobile games have received investments of $2.4 billion.

Chinese industrial giant Tencent has invested in another Western asset. The company became a minority owner of the publisher of hyper-casual games Voodoo. The value of the transaction is unknown. However, it is said that the share was bought at a combined valuation of Voodoo at $1.4 billion.

The Chinese company Tencent has published a report for the second quarter of 2020 (ended June 30), recording growth in many key indicators. At the same time, the company is not afraid of threats from the United States, explaining this by the low share of the American audience in the company’s total revenues.Key indicators

In just four weeks, the series on the network shooter CrossFire has gained almost 1 billion views in China. Such success is associated with the ever-growing interest in esports in the “Celestial Empire”, where professional leagues gather millions of audiences around them. We understand the phenomenon. What happened and why?

Analysts from Sensor Tower have published a report on the highest-grossing mobile project of last month. PUBG Mobile from Tencent earned the most in July with revenue of $208 million. Also in the overall top was a project from Playrix.The Sensor Tower report is based on data from the App Store and Google Play in the world, excluding revenue from third-party Android stores.

US President Donald Trump has signed two executive orders. The first prohibits Americans from making ByteDance transfers, the second partially prohibits working with Tencent. Officially, they are directed against TikTok and WeChat, respectively.

There were rumors about the possible sale of part of the French Voodoo. The Chinese giant Tencent can act as a buyer.

The Chinese colossus of Tencent is on the way to a new takeover. On July 10, exclusive negotiations between Tencent and Hong Kong-based Leyou Technologies began. The market value of the latter previously reached $1.4 billion.

Tencent is preparing to launch the Trovo streaming platform. This is a service similar to Twitch, but focused on mobile, Bloomberg reports.

The Chinese giant NetEase has opened a branch in Japan. The staff of the new studio will be engaged in the games of the new generation.

The head of Bohemia Interactive, Marek Spanel, denied its acquisition by Tencent. The Czech studio remains independent.

Tencent has acquired another major asset in the West. The giant got a controlling share of Bohemia Interactive, according to The Information.

Tencent, through its affiliated company Frame Investment, is going to spend $65 million to buy 20% of the Japanese developer of console and mobile games Marvelous. Thanks to the deal, Tencent will become the largest shareholder of the Japanese company.

Tencent continues its active expansion in foreign markets. In a few days, it became known about three steps of the company aimed at developing outside of its native Chinese market.

The websites of future sequels of System Shock have passed into the hands of Tencent. Perhaps the Chinese giant has invested in developer OtherSide Entertainment.

Tencent has become the largest player in the streaming market in China. This happened thanks to a new M&A deal. The Chinese giant acquired Huya shares for $262.6 million and became its controlling owner.

Tencent and Huawei are working together on a new cloud service. The platform itself is from Tencent (it’s called GameMatrix). Computing power — from Huawei.