Mike Vorhaus of Magid Advisors talks with Randy Lee of Tencent.

The DeanBeat: Tencent leads China’s domination of the global games business

If you follow the $116 billion game business, you may know that China has become the world’s biggest game market, and that Tencent is the world’s biggest game company. But we learned just how big it has become this week with a report on investments and acquisitions by tech advisory firm Digi-Capital.

“In games deal making, there’s Tencent, then there’s everyone else,” Digi-Capital said in a post. In some ways, that’s alarming, particularly if it turns out that national borders matter when it comes to creating jobs and economies in the game industry. In other ways, it shows just how global games have become, and it’s a sign of progress that games are creating so much value in the world.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.