Tencent

Niko News: Overwatch Passes 30 Million Players

By | May 8th, 2017|Categories: Blizzard, China, Conferences, Niko News, Tencent|

Overwatch Passes 30 Million Players Blizzard Entertainment announced this week that Overwatch, its team-based shooter, has passed 30 million players since its launch a year ago. They recently announced hitting the 25 million mark in January. There is no clear delineation on what percentage of these players are on PC or Xbox One or PlayStation 4. [...]

Honor of Kings dominates mobile esports in China

By | April 26th, 2017|Categories: China, eSports, Mobile Games, Tencent|Tags: , , , |

Tencent has launched its biggest esports competition for Honor of Kings in 2017, the King Pro League. The 2017 season follows in the footsteps of the 2016 season which was watched by more than 70 million people. Tencent is aiming to build a better esports ecosystem allowing for more teams, more players, increased marketing, celebrity hosts [...]

Niko News: 2022 Asian Games Adds Esports

By | April 24th, 2017|Categories: eSports, Singapore, Tencent|

2022 Asian Games Adds Esports Esports will now be an official medal sport in the 2022 Asian Games in Hangzhou, China. The Olympic Council of Asia has also been working with Alisports to include esports in the Asian Indoor and Martial Arts Games in Turkemnistan and in the 18th Asian Games in Indonesia next year, but [...]

Niko News: Alibaba’s Sports Business Raises Over $1 Billion in Funding

By | April 17th, 2017|Categories: Alibaba, AR/VR, Niko News, Tencent|

Alibaba's Sports Business Raises Over $1 Billion RMB in Series A Funding Alibaba Sports has confirmed that they have raised RMB 1.2 billion (approximately $17 million USD) at a valuation of RMB 7 billion ($100 million USD). The funding round is being led by Yunfeng Capital and will also include Taiping Guofa Dingsheng Capital and Qianheng [...]

Tencent Maintains Global Gaming Dominance Thanks to League of Legends & Honor of Kings

By | April 13th, 2017|Categories: China, Niko Analysis, Tencent|Tags: , , , |

Tencent had a record year in 2016 as it saw game revenues increase 25% YoY to 70,844 million RMB / $10.2 billion USD. This makes Tencent the world’s largest games company for the fourth year in a row and it’s worth bearing in mind that the $10.2 billion number doesn’t include revenues generated by Supercell who [...]

Niko News: China Opens 7 More Free Trade Zones

By | April 7th, 2017|Categories: Alibaba, China, Tencent|

China Celebrates Annual Qingming Festival The Qingming (or Ching Ming) Festival, also known as Tomb-Sweeping Day, is a traditional Chinese festival on the first day of the fifth solar term of the traditional Chinese calendar. This year it took place on April 4th and the holiday was officially reinstated in China 9 years ago. People celebrate [...]

China’s Newest Online Gaming Regulations – Explained

By | December 15th, 2016|Categories: China, eSports, Philippines, Singapore, Tencent, Vietnam|

Pokemon Go in Southeast Asia While Pokemon Go's popularity has subsided in parts of the western world, the game is still a hit in Southeast Asia and brands are continuing to embrace the augmented reality game. Companies throughout Vietnam, the Philippines, Singapore and beyond have signed licensing agreements with Nintendo. China's Newest Online Gaming Regulations - [...]

NetEase Challenges Tencent’s Stronghold On Mobile Publishing

By | November 23rd, 2016|Categories: China, Mobile Game Industry, NetEase, Tencent, Xiaomi|

NetEase Challenges Tencent's Stronghold On Mobile Publishing According to App Annie, NetEase has now replaced Tencent as the top mobile publisher by revenue worldwide as the company's apps continue to grow in China. "The big reason here for NetEase's surge is that it has the top two most lucrative games worldwide with the card-battling Onmyoji game [...]

Riot Games Celebrates 10th Anniversary

By | September 18th, 2016|Categories: Alibaba, Garena, Giant Interactive, Singapore, Southeast Asia, Tencent|

Riot Games Celebrates 10th Anniversary Riot Games, famed developer of the hit MOBA League of Legends, is celebrating its 10th anniversary this month and also the full acquisition of the studio by China's largest (and most valuable) Internet company, Tencent. Check out the full overview in the LA Times, including quotes from Niko's Lisa Hanson and [...]

Battle of social networks in China

By | September 12th, 2016|Categories: China, Mobile Game Industry, Southeast Asia, Tencent, Vietnam|

Battle of Social Networks in China According to an article on InsideGamesAsia, there are many social networks in Asia whose popularity changes by country. Wechat from Tencent essentially owns China's social network market. In Japan and Taiwan, Line is known to be the primary social app, while Kakaotalk has been stubbornly clenching onto its throne in [...]