Timi, the developer behind the # 2 mobile game Honor of Kings, has made more money than Activision, NetEase, EA, and Take-Two Interactive.
A single Tencent developer has made more money in 2020 than some of the reigning titans of games. According to a new report from Reuters, Tencent’s (Call of Duty Mobile, Honor of Kings) Timi studio has generated $ 10 billion in revenue in 2020. This dwarfs the 2020 revenue of high-impact game makers such as Activision ($ 8 billion), NetEase ($ 7.9 billion), EA ($ 5.6 billion). billion) and Take-Two Interactive ($ 3.2 billion).
Tencent generated a whopping $ 23.01 billion in annual revenue, surpassing Sony and becoming the industry’s highest-earning company in gaming revenue. Timi generated 43% of these profits. Taking a quick look at how your games are performing provides more context. Honor of Kings made $ 2.5 billion in profit World.
“Honor of Kings was the highest grossing mobile game worldwide for the second year in a row and continued as the most popular mobile game in China by MAU.” Tencent notes in its fourth quarter earnings report.
With Call of Duty Mobile, Activision-Blizzard says that Call of Duty Mobile made nearly $ 500 in less than a year, and the mobile game helped drive the franchise’s profits by 200% and raised segment revenue to $ 3.9 billion.
–
.
