![]() Tencent has a long history of investing in gaming companies. PUBG recently crossed more than 1 billion downloads. Tencent’s aim is to increase its overseas share of game revenue, which stood at 23 percent, according to the latest results. Tencent is planning to invest in studios in Los Angeles for Timi, Lightspeed and Quantum ( the developers of the uber-successful PUBG game)in a bid to develop some original content that has global appeal. Such games feature multiplayer online role-playing and battle arenas. The game will be on the lines of Fortnite and Roblox, a metaverse game. and will “compete head-to-head against big powers from Japan, Korea, Europe and U.S.”, according to a Timi engineer. Timi has already moved forward with the announcement of a New AAA game that “resembles the virtual community from the movie Ready Player One,” Reuters reports. It was the top-grossing mobile game worldwide for September 2020, according to Sensor Tower. Honor of Kings has garnered more than $240 million in user spending, not including third-party Android stores. This could include anime, films, music and even live-action series,” said Li Min, game director and general manager of Tencent’s Timi Studios. “We are going to expand how players can interact with the Honor of Kings world and create a multi-dimensional brand experience that drives engagement both inside the game and outside it. Tencent’s Honor of Kings is expanding into other genres and forming a tie-up with British luxury group Burberry. ![]() And Honor of Kings, only available in China, had 100 million daily active users in November 2020. In its first week of launch in October 2019, Call of Duty Mobile garnered 100 million downloads. Timi is not as well know as Activision, but it has launched some of the biggest games in the world. Timi certainly has done $2 billion better compared to the well-known studio. The $10 billion paycheck has earned Timi the sobriquet of the world’s largest developer, Reuters reports.Īctivision Blizzard that publishes the Call of Duty franchise, posted a revenue of $8 billion for the year 2020. What do you think about Level Infinite launching Honor of Kings globally? Let us know in the comments section below.Call of Duty Mobile and the MOBA Honor of Kings together brought in a revenue of $10 billion dollars for its developer TiMi Studios, owned by Tencent. Tencent Games will be looking to reassert its company’s dominance in the mobile gaming industry with its plan of launching the highest-grossing mobile MOBA title worldwide through TiMi Studios and Level Infinite. Please be patient and stay tuned for more updates! /T8ZN1ZLM8Y Rounds of closed beta tests will be gradually announced starting next month. We have great news! We will be rolling out Honor of Kings by TiMi Studio Group to you global gamers by the end of this year! However, it is expected to be released between October and December since they have mentioned that it will be launched in late 2022. The developers have not confirmed any release date as of now. They have consistently maintained a massive player base in Mainland China, one of the key reasons for it being the first mobile game to cross $10 billion in revenue. The game hit its significant milestone in November 2020 when it crossed 100 million active users.
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