7 ms·

While this is true, Tencent also owns major shares in a ton of the games that might be considered among the most popular, as well as minor shares in many of the

While this is true, Tencent also owns major shares in a ton of the games that might be considered among the most popular, as well as minor shares in many of the companies they don't control. Arena of Valor, most popular mobile MOBA game; 80m daily players as of Dec 2017 and I believe it's currently the biggest game worldwide despite mostly being popular in China (I think there are even stories of politicians delaying press conferences to finish a match lmao) - developed and published by Tencent Fortnite - Tencent owns 40% of Epic Games Clash of Clans - Tencent owns ~85% of Supercell PUBG - They're working on acquiring 10% of Bluehole, developed PUBG mobile, and managed the (hugely successful) China release Overwatch / Hearthstone - Tencent owns ~5% of Activision (about $2.5b) Crossfire (still very popular in Asia) - Tencent managed the China release Candy Crush - Tencent is the distributor in China Some smaller but also well-known companies: Path of Exile - 80% stake Miniclip - majority stake Ubisoft (Assassin's Creed, Far Cry, The Division, Rainbow 6) - 5% Paradox Games (Cities: Skylines, Stellaris, Crusader Kings, Europa Universalis, etc) - 5% Netmarble Games (mobile games like Lineage 2, YS Online) - 22% (mostly sourced from https://en.wikipedia.org/wiki/Tencent_Games https://en.wikipedia.org/wiki/Tencent_Games) This is completely ignoring their significant shares in Tesla, Snapchat, etc. And the fact that they're like, not an actual investment firm and have their own business, including WeChat, QQ, and their AI lab. League's decline in popularity is certainly bad for them, but relative to their entire operations it's only a small hit. This recent drop in market value is, in my opinion, better attributed to the doubts over tech stock valuations due to Facebook and Twitter.

ddeck 8y ago
And they are able to push all of their mobile games through Wechat, with over a billion active users. Gaming was 48% of their revenue for Q2, with US$3.2 billion in phone sales and US$2.1 for desktop. The other 52% comes from social networks, Wepay, cloud infrastructure, and online advertising.
jdhn 8y ago
>Miniclip - majority stake Now that's a name I haven't heard in a long time. I wasn't even aware that they were still around, but apparently they are.
- satsuma 8y ago
  major flashbacks to bush's white house shootout. i wonder if they still host all the old games? honestly i wonder about the flash games sites in general. what happens when flash finally gets brought behind the barn?
  - pathartl 8y ago
    Flashpoint has been organizing an archive that bundles in the standalone flash player.
- foota 8y ago
  Anyone play their mining game where you are a drill?
  - amaccuish 8y ago
    omg motherload. memories <3
  - bmer 8y ago
    When I used to play MotherLoad, the world was still a bright place, full of possibility. I was on track to finish from a prestigious high school, accepted into a prestigious university, and obviously going to end up pretty comfortable in life. Little did I know, that within me I had the seeds of mental illness growing. Perhaps, one of the signs, if I only knew to pay attention to it, was how "addicting" games were to me. I think the world back then just thought a lot less about those things, if you could still manage to be outwardly successful. No one worried about what it meant that some kids finding a vibrant, "safer" environment in video games, than in the real world. Ahhhh, MotherLoad.
    - craigsmansion 8y ago
      Sometimes I upvote things purely for their literary quality. I have no knowledge of "Motherload," nor any interest in modern games. But those few lines about your (your character's ?) interaction with it, makes me want to know how this story unfolds.
ghostbrainalpha 8y ago
Arena of Valor is SCARY addictive. My wife threatened divorce if I wouldn't delete the app.
minimaxir 8y ago
Interestingly, Arena of Valor has done much, much worse in North American markets (and nowadays charts poorly on iOS in both ranking and grossing): https://toucharcade.com/2018/07/30/arena-of-valor-world-cup-recap-watched-by-millions-maybe/ https://toucharcade.com/2018/07/30/arena-of-valor-world-cup-...

ddeck 8y ago

And they are able to push all of their mobile games through Wechat, with over a billion active users. Gaming was 48% of their revenue for Q2, with US$3.2 billion in phone sales and US$2.1 for desktop. The other 52% comes from social networks, Wepay, cloud infrastructure, and online advertising.

jdhn 8y ago

>Miniclip - majority stake Now that's a name I haven't heard in a long time. I wasn't even aware that they were still around, but apparently they are.

satsuma 8y ago
major flashbacks to bush's white house shootout. i wonder if they still host all the old games? honestly i wonder about the flash games sites in general. what happens when flash finally gets brought behind the barn?
- pathartl 8y ago
  Flashpoint has been organizing an archive that bundles in the standalone flash player.
foota 8y ago
Anyone play their mining game where you are a drill?
- amaccuish 8y ago
  omg motherload. memories <3
- bmer 8y ago
  When I used to play MotherLoad, the world was still a bright place, full of possibility. I was on track to finish from a prestigious high school, accepted into a prestigious university, and obviously going to end up pretty comfortable in life. Little did I know, that within me I had the seeds of mental illness growing. Perhaps, one of the signs, if I only knew to pay attention to it, was how "addicting" games were to me. I think the world back then just thought a lot less about those things, if you could still manage to be outwardly successful. No one worried about what it meant that some kids finding a vibrant, "safer" environment in video games, than in the real world. Ahhhh, MotherLoad.
  - craigsmansion 8y ago
    Sometimes I upvote things purely for their literary quality. I have no knowledge of "Motherload," nor any interest in modern games. But those few lines about your (your character's ?) interaction with it, makes me want to know how this story unfolds.

ghostbrainalpha 8y ago

Arena of Valor is SCARY addictive. My wife threatened divorce if I wouldn't delete the app.

minimaxir 8y ago

Interestingly, Arena of Valor has done much, much worse in North American markets (and nowadays charts poorly on iOS in both ranking and grossing): https://toucharcade.com/2018/07/30/arena-of-valor-world-cup-recap-watched-by-millions-maybe/ https://toucharcade.com/2018/07/30/arena-of-valor-world-cup-...