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For those reading this who may not be aware of Tencent, it is not a big household name to the average North American. However, it is one of the biggest companies in Asia and the world. It was founded in 1998 by Ma Huateng, Zhang Zhidong, Xu Chenye, and Zeng Liqing. The English translation of its Chinese name (腾讯控股有限公司) means “Soaring Information” and has largely benefited from China’s massive economic surge since its founding.
CEO Ma Huateng is also a regular name on the Forbes Rich List; at one point in 2017, he had a net worth of $24.9 billion, placing him ahead of Microsoft co-founder Paul Allen, PayPal, and Tesla founder Elon Musk, and media giant Rupert Murdoch. Tencent’s products include the web portal QQ.com, mobile chat service WeChat, and the online payment service TenPay.
It ranks fourth in size behind Facebook, Google, and Amazon. It also has stakes in already-popular PC and mobile games such as League of Legends and Clash of Clans. From a business perspective, this game could be large because it also has a stake in Bluehole, which is the parent company of PUBG, and Epic Games, which publishes the Unreal technology that PUBG runs on and is also the developer of another PUBG competitor, Fortnite.
Their development of a battle royale game for mobile devices only means that the company is getting more ambitious as they continue to have massive pull within the gaming industry, drawing inspiration from all of their holdings, which also include Activision, Blizzard Entertainment, Major League Gaming, King Digital Entertainment, and more.
While no release date has been set for this mobile battle royale game, it appears to be the next step in bringing the genre to everyone around the world and a vehicle for Tencent to increase its already massive reach in the gaming industry.
Will you be fighting it out battle royale-style on mobile?