41 Facts About Tencent Games

1. Tencent Games are a massive company with a lot of moving parts, as you can see from this extensive Contact Us page on their website.

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2. Tencent Games took part in the latest funding round in Indonesian ride-hailing firm Go-jek.

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3. Tencent Games took a 12 per cent stake in disappearing-messaging app Snap in November 2017, and has invested in electric car maker Tesla and ride services company Lyft.

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4. Tencent Games is best known in China as the operator of WeChat, the app platform that has 1 billion users, and for mobile game blockbusters like Honour of Kings.

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5. Tencent Games has at least four wholly foreign owned enterprises and nearly twenty subsidiaries.

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6. In late April 2017, Tencent Games announced it was preparing to launch its virtual reality headset that year.

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7. In 2008, Tencent Games released a media player, available for free download, under the name QQ Player.

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8. Tencent Games Pictures is a Chinese film production company owned by Tencent.

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9. Tencent Games was reported in 2017 to be working with China's Central Bank to develop a central payments clearing platform for online payments.

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10. Tencent Games has since announced plans to develop a Hong Kong edition of WeGame that can be used by players outside of China, potentially setting up the platform to compete with Valve Corporation's Steam platform.

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11. Tencent Games is the video game publishing division of Tencent Interactive Entertainment, itself a division of Tencent.

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12. Tencent Games operates its own credit score system called Tencent Credit.

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13. Tencent Games offers a variety of services to consumers and businesses.

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14. Tencent Games is threatening Apple and Spotify's market dominance, especially in Southeast Asia.

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15. Tencent Games sells virtual goods for use in their MMOs, its IM client, social networking sites, and for mobile phones.

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16. In 2011, Tencent Games started hosting the game League of Legends.

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17. Tencent Games has signed an agreement with Helsinki and World Tourism Cities Federation to provide intelligent tourism services to Chinese tourists, with Helsinki serving as an intelligent tourism model for China's outbound tourism.

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18. Tencent Games Pictures unveiled that it intends to expand co-operation with overseas film and TV companies on new productions, as well as making more long-term investments in the movie and TV industry.

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19. Tencent Games has announced a partnership with Nintendo to publish its widely popular game Honor of Kings into Nintendo Switch, causing Nintendo's stock to hit a 9-year-high, as well as JD.

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20. In September 2017, Tencent Games has announced plans to introduce Chinese online comics to every market around the world, with the first being North America.

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21. Tencent Games has created an alliance to its own AI self-driving program, similar to Baidu's Apollo Project, recruiting numerous industry players in the automotive industry.

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22. Tencent Games became the second Asian company after Alibaba Group to surpass US$400 billion market cap.

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23. In September 2017, Tencent Games invested US$90 million in German aviation start-up Lilium Aviation, which specialises in developing and building high speed flying vehicles and electric jets.

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24. In June 2017, Tencent Games became the 8th most valuable company in BrandZ's Top 100 Most Valuable Global Brands, signalling its growing influence globally as well as the rise of Chinese brands.

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25. In May 2017, Tencent Games surpassed Wells Fargo to enter the world's top 10 most valuable companies.

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26. In July 2016, Tencent Games acquired a majority stake in China Music Corporation.

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27. On 13 May 2015, Tencent Games acquired a minority stake in mobile developer Pocket Gems, acquiring 20 percent of the company for the price of US$60 million.

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28. On 29 April 2015, Tencent Games acquired a minority stake in videogame developer and publisher Glu Mobile, paying US$126 million for 14.6 percent of the company.

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29. On 23 October 2014, Tencent Games pitched in $145 million for a 10 percent stake in Koudai Gouwu, a Chinese mobile shopping portal.

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30. On 27 March 2014, it was announced that Tencent Games had agreed to pay about $500 million for a 28 percent stake in South Korea's CJ Games.

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31. On 10 March 2014, Tencent Games bought a 15 percent stake in Chinese e-commerce website JD.

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32. On 27 February 2014, Tencent Games purchased a 20-percent stake in restaurant ratings and group buying website Dianping for $400 million.

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33. On 15 January 2014, Tencent Games said it will invest HKD 1.5 billion in logistics and warehouse firm China South City Holdings Ltd to develop its e-commerce and logistics business.

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34. On 18 February 2011, Tencent Games acquired a majority equity interest in Riot Games, developer of League of Legends, for about US$230 million.

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35. Tencent Games is the world's largest gaming company by operating revenue.

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36. On 16 December 2015, Riot Tencent Games sold its remaining equity to Tencent Holdings.

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37. Tencent Games has announced that smash hit battle royale Ring of Elysium has launched in EU territories bringing this year's top battle royale to European players along with a Thanksgiving holiday in-game event.

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38. Tencent Games has announced a partnership with blockchain esports entertainment platform Sliver.

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39. Tencent Games started enforcing real-name registration on Honour of Kings two months ago as part of the game's system revamp.

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40. Tencent Games was founded in 2003 to focus on online games.

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41. Tencent Games is the video game holding and publishing division of Tencent Interactive Entertainment, itself a division of Chinese conglomerate Tencent.

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