Despite Chinese government resistance, Tencent rakes in more from online gaming than any other company in the world.
Tencent’s team and affiliates at its 2020 Global Esports Summit. Credit: Tencent
In the world’s biggest video game market, there is one company that reigns above all: Tencent. The internet giant, most famous outside of China for its messaging app WeChat, took in nearly $74 billion in 2020. More than a third of its immense earnings came from gaming in 2019.With more than 140 games and gaming assets across mobile, PC, consoles, e-sports, and live-streaming — both within China and abroad — the Shenzhen-based company has become a colossus of the global industry,
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from David Barboza, Pulitzer Prize-winning former Shanghai correspondent for The New York Times.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
Confidential documents show that Xiao Jianhua, a corrupt investor tied to China’s political elite, backed the country’s most successful and revered entrepreneur.
The Chinese politics expert discusses how Xi Jinping’s anti-corruption drive upset the Party’s equilibrium and signs of splintering within the leader’s ruling faction.
Navigate China's Business Landscape with Confidence.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkPrivacy policy