Tencent buys majority stake in Path of Exile’s Grinding Gear Games
Chinese gaming and social media giant Tencent has acquired a majority stake in Grinding Gear Games, the publisher of Path of Exile (think a free-to-play...
Rainbow Six: Siege relaunches in China on Tencent’s platform
In March, Chinese internet conglomerate Tencent purchased a 5-percent stake in Ubisoft as part of a deal to avoid Vivendi’s hostile takeover of the...
PlayerUnknown’s Battlegrounds Mobile hits 10 million daily active players
PUBG Corp. and Tencent announced that the battle royale game PlayerUnknown’s Battlegrounds Mobile hit 10 million daily active players on mobile. This number doesn’t...
The 3 types of esports investor: sports teams, celebrities, and moguls
Over the last decade, esports have moved from being a niche gaming subculture to a phenomenon, with a global revenue that could break $1...
How investors should think about the esports gold rush
Last week was a big moment for esports as investors gathered at the Milken Global conference to listen to a panel I moderated on...
Sensor Tower: PUBG Mobile’s first week of iOS revenues only a fifth of Fortnite’s
No one is really questioning how massively popular Epic Games’ Fortnite is on mobile. But the numbers are in and it has outstripped competitor...
Sumthing Else to release Tencent’s game soundtracks globally
Sumthing Else Music Works has cut a multi-title licensing agreement with Tencent Games to distribute soundtracks based on the Chinese company’s mobile games. The...
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...
Tencent is the biggest fish in the $22 billion game investment pond
In game-industry deal-making, there’s Tencent, then there’s everyone else. The Chinese behemoth led or participated in over $4 of every $10 invested in games...
Tencent’s new game investment strategy: smaller and earlier
Tencent is one of the biggest gaming companies in the world. It got to the point where it owns significant chunks of companies like...