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Tencent challenged by startups like Genshin Impact devs miHoYo

Tencent Holdings is the world’s top video games company by revenue, and it’s not about to change any time soon.

Last year, Tencent’s two biggest mobile titles, PUBG Mobile and Honour of Kings, each brought in over $2.6 billion. This is on top of revenues coming from Tencent’s numerous platforms, like WeChat, China’s biggest social network.

However, Genshin Impact, the biggest global launch ever for a Chinese game,