Tencent has released its financial report for the third quarter ended September 30, 2024. Here are the key takeaways about the Chinese tech giant’s video game business.

Tencent has refuted reports of mass layoffs that were rumored to affect hundreds of employees in its video game division. Instead, the Chinese tech giant shared information about changes in its leadership.

Amid ongoing stock price turmoil, the Guillemot family is considering various options for the future of Ubisoft. This includes a potential sale of the company to Chinese tech giant Tencent.

China has shared a new batch of games approved for publication in August. The National Press and Publication Administration (NPPA) licensed over 100 domestic games, in addition to 15 titles from foreign devs early last month.

Chinese tech giants are reconsidering their strategies towards Japanese studios. Tencent and NetEase have started making more cautious moves overseas amid a resurgence in the domestic games market.

Tencent has released its report for the second quarter ended June 30, 2024. The Chinese tech giant resumed the growth of its video game business, driven by the success of Dungeon & Fighter Mobile and adjustment of evergreen titles.

Tencent’s upcoming shooter Delta Force: Hawk Ops is gaining momentum ahead of its launch. The game, which is currently in Alpha test, is showing great numbers on Steam.

Honor of Kings, one of the highest-grossing mobile games of all time, launched outside of China on June 20. Tencent has now revealed the first major milestone for its hit MOBA.

Tencent continues to dominate the mobile games market thanks to its portfolio of multi-billion dollar hits. Here are the top-grossing publishers on iOS and Android for the first half of 2024.

Dungeon & Fighter Mobile remains the chart-topping game in China. The latest analyst estimates reveal another major milestone for Tencent’s new hit.

Investors appear to be optimistic about Tencent and its future prospects. The Chinese tech giant has increased its market cap by $91 billion since January 1, 2024.

Dungeon & Fighter Mobile has proven to be a massive success for Tencent. Here is everything to know about the game’s performance in its first month of launch in China.

China’s National Press and Publication Administration (NPPA) has issued a new batch of game licenses. As a result, 15 titles from foreign developers were approved for release in the country.

Dungeon & Fighter Mobile (DnF Mobile) launched in China last week. Looking at its impressive metrics, the game has every chance to become another big hit for Tencent.

Tencent has published its financial report for the first quarter ended March 31, 2024. With domestic game revenues slowing, the Chinese tech giant is now in the process of reorganizing some of its development process to accelerate growth of its portfolio.

Despite challenges in the US, ByteDance had a strong fiscal year, posting significant growth in revenue and profit. The Chinese tech giant also managed to outperform one of its main rivals, Tencent.

Tencent is aware of Palworld’s success, currently working on its own titles inspired by the sudden indie hit. The Chinese tech giant reportedly hopes that these efforts will help it accelerate the growth of its gaming business.

Tencent recently released its FY23 financial report, posting weaker-than-expected revenue growth. What’s really important is the Chinese tech giant’s reported plans to make fewer games based on licensed franchises in favor of in-house production.

Polish analysts have disclosed the estimated value of the deal between Tencent and Techland. It was the largest M&A transaction of 2023 in the country.