Call of Duty: Mobile Destroys Combined Fortnite & PUBG 1st-Month Downloads

Call of Duty, Call of Duty Mobile

Call of Duty: Mobile racked up 148 million downloads in its launch month. That’s more than the combined total of PUBG Mobile and Fortnite. The game now boasts the 2nd most successful mobile game launch of all time. While Activision didn’t afford Call of Duty: Mobile the same marketing fanfare as its mainline titles, the … Read more

Tencent Seemingly Plans on Porting More Games to Nintendo Switch

Nintendo Switch

Massive Chinese conglomerate Tencent may be planning on bringing more of its games to the Nintendo Switch if an advert recently posted by the company is anything to go by. The job posting was made on the Tencent Careers page and seems to be seeking a developer who can help port games to the Nintendo … Read more

Call of Duty Mobile Storms to Record 100 Million First-Week Downloads

Call of Duty Mobile, Call of Duty

According to data compiled by analyst outfit Sensor Tower, Activision’s latest foray into the mobile gaming space, Call of Duty Mobile, racked up no less than 100 million global downloads in its launch week. Best First-Week Launch Ever These figures give Call of Duty Mobile the venerated accolade of the best first-week launch of any … Read more

Call of Duty Mobile Includes a 100-Player Battle Royale Mode

Call of Duty Mobile, COD Mobile

Call of Duty: Mobile is set to launch on Android and iOS devices worldwide on Oct. 1, Activision announced late yesterday. The publisher is the latest to take the reputational weight of a big-name franchise and attempt to condense it down into a cohesive mobile experience. It follows in the footsteps of PUBG and Fortnite … Read more

Nintendo and Tencent to Shed Light on Risky China Switch Launch

nintendo switch

Following rife speculation, the partnership between Nintendo and Tencent to bring the Switch console to China has shifted up a gear. As reported by Niko Partners Analyst Daniel Ahmad and in a joint announcement on Chinese social media platform Weibo, Tencent’s senior VP Steven Ma and Nintendo senior executive officer Satoru Shibata will take to … Read more

Tencent Antstream Funding Signals Designs on Cloud Gaming Market

tencent partnership with stadia rival jio

UK-based retro streaming platform Antstream has secured the support of Tencent in a Series A funding round. The Chinese gaming behemoth is looking to make inroads into the cloud gaming market by tapping into the nostalgia of retro gaming. As cloud gaming gathers steam with the arrival of Google’s Stadia browser-based platform this fall and … Read more

Bitcoin Epically Rescues this Bubble Portfolio’s Tesla Stock Crash

Bitcoin, Tesla, Tesla Stock, Stocks

By A hypothetical exchange-traded fund composed of assets deemed as overvalued by the media such as Bitcoin and some tech stocks has so far this year posted a return of 17 percent, MarketWatch reports. Currently, the bubble portfolio consists of among others Bitcoin, Argentina’s century bond and tech stocks such as Netflix, Tencent and … Read more

Tencent Slashes at $271 Billion Stock Slump with Massive 50% Recovery

tencent stock

Tencent, the world’s largest gaming company and one of the biggest social media service owners, saw its stock plummet in 2018, costing investors as much as $271 billion in losses. Tencent shares are now seeing a massive recovery fueled by opportunities from “Fortnite” and “Apex Legends” in China’s booming gaming sector and improving sentiment in the domestic stock market.

Tencent Stock Rebounds 50% Compared to Last October

Tencent’s share price has pumped over 8% this week alone. According to Bloomberg reporting and exchange data, Asian investors poured $304 million into Tencent stock on Monday. This compared to a dramatic low in October 2018 which saw the company plunge from being the world’s 5th-largest company by market value, right out of the top ten.

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Will Tencent’s Massive Investment Help $3 Billion Reddit Take Down Facebook & Google’s Ad Duopoly?

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American social news aggregation site Reddit has raised $300 million in a Series D funding round at a market valuation of $3 billion. The capital injection was led by Chinese multinational conglomerate Tencent Holdings who invested $150 million into the social site. So far, Reddit has raised $550 million in total from a myriad of … Read more

Fortnite’s Epic Games Leads Record $5.7 Billion Year for Gaming Investments in 2018

Fortnite, Epic Games

Game company investments, into market leaders like Epic Games, doubled an already record figure for gaming investments in 2017. Epic Games, developer of Fortnite – the world’s most popular videogame – saw the greatest single investment in 2018 of $1.25 billion. Epic Games $1.25 Billion Funding Round is the Largest non-IPO Gaming Investment Ever A first-quarter … Read more

Freemium Isn’t Free! Free Mobile Games Generated a Whopping $61 Billion in 2018

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The 2018 end-of-year report by Nielsen-owned gaming research company SuperData has revealed that so-called freemium games – games that are free to play but typically enable microtransactions for users to purchase upgrades and gizmos – are dominating the entertainment market, generating a massive $88 billion in the past year. Unsurprisingly this segment also known as … Read more

How $400 Billion Tencent Might Soon Acquire Two Major Bitcoin Exchanges

tencent nexon nxc bitcoin exchange

Tencent might soon be the proud owner of two major bitcoin exchanges, as the $400 billion Chinese tech conglomerate is weighing a bid for the South Korean holding company that controls them. Tencent Mulling Bid for Owner of Bitstamp & Korbit Reuters reports that Tencent is actively pursuing co-investors to purchase the South Korea-based NXC … Read more

China’s Easing Up On Game Approval Ban, So Why Are Tencent Shares Still in the Red?

Chinese regulators have, after a near-year-long freeze, began to approve new videogames to earn valuable sales revenue in the country. The regulators didn’t, however, approve Tencent’s Fortnite and PlayerUnknown’s Battlegrounds and Tencent’s share price might be suffering because of this. New game approvals paused in China in March 2018 during a government reshuffle. Previously regulators … Read more