Tencent’s Honor of Kings juggernaut helped boost its mobile gaming biz by 84%

You probably haven’t played it yet, but China’s big mobile MOBA (multiplayer online battle arena) Honor of Kings is making a lot of money. Tencent released its financial report for the third quarter of 2017 today, and the Chinese gaming company revealed that revenues from its smart phone games grew by 84 percent compared to the previous year to hit $2.20 billion.

Tencent attributes much of this to the continued success to Honor of Kings which has over 160 million registered users. Tencent is working on a North American release, called Arena of Valor, for Android and iOS. The MOBA is also coming out to the Switch, which can it expose it to a new audience on Nintendo’s hit portable/home console hybrid machine.

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Mike Minotti

Mike Minotti has been with GamesBeat since 2012, starting as an intern. Based near Youngstown, Ohio, he now manages GamesBeat's editorial team. He's also a prolific podcaster, appearing on multiple shows covering the gaming industry.