Tencent Holdings Limited (0700.HK)
- South China Morning Post
Tencent sharpens focus on 'evergreen' video games in mainland China as domestic industry matures
Tencent Holdings is looking to sharpen its focus on "evergreen" video games that generate steady revenue, instead of rushing out new titles, as the domestic market continues to mature. "We are more focused now, and we tend to cancel many products with intermediate positioning," Tencent senior vice-president Steven Ma Xiaoyi said in a report published on Tuesday by Chinese digital news outlet Youxiputao. "For those projects that will never have the opportunity to challenge the first or second pla
- Reuters
Tencent finds new hit in 'Dungeon and Fighter' mobile game after dry spell
Chinese internet giant Tencent Holdings' mobile game "Dungeon and Fighter" was the top-selling app on Apple's App Store in China this week, surpassing the company's existing flagship games after it spent years looking for a new marquee title. The side-scrolling action game, developed by South Korea's Nexon and published by Tencent, became the top-selling app in China hours after it was launched on May 21 and it has stayed there since, according to app tracking platform Appmagic.
- Bloomberg
Tencent’s Marquee Game Generates Over $140 Million in First Week
(Bloomberg) -- Tencent Holdings Ltd.’s blockbuster release Dungeon & Fighter Mobile is estimated to have generated over $140 million in player spending in its first week in China, one of the most lucrative debuts in the world’s biggest games market.Most Read from BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarWarning Signals Are Flashing for Homeowners in Texas and Florida‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpNew BYD Hybrid Can Drive Non-Stop for
