Tencent will launch Arena of Valor’s World Cup tournament

Tencent already has a PC esports success on its hands with Riot Games’s League of Legends, but it wants to expand into mobile as well. An insider at Tencent said that the company will announce a World Cup tournament for its mobile multiplayer online battle arena game Arena of Valor. The event will be held sometime in July in Los Angeles with a prize pool of $500,000 or more.

Known esports squads such as Team Liquid and Vitality have already signaled their support for the Arena of Valor tournament. Both teams compete in the MOBA space, with Liquid specializing in Valve’s Dota 2 and Vitality in League of Legends.