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Out With The Old… Tencent Sells App Store To Huya (undefined:TCEHY) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
Tencent officially brought Valorant, a first-person shooter (FPS) title, to China last week as the country showed a green light for the game. The Chinese video game giant later held an esports event at Shenzhen last week, revealing more details about the title’s role in esports.First launched in 2020, the Valorant has gained great popularity among gaming community. As of May 2023, it ranked eighth among PC games by MAUs, according to video game constancy newzoo. Its developer, Riot, an affiliate of Tencent, is pretty well-known for its mega-popular multiplayer online battle arena (MOBA) game - League of Legends.Such a major title from Tencent bears hope for a new source of profit growth in China as it has just been recovering from game license freeze and other policy changes. And esports play an essensial part in FPS games like Valorant due to the nature of high competitiveness and engmement between players.Tencent plans to invest over RMB 1 billion ($140 million) to build up th ....
Tencent Set to Launch Chinese Version of Valorant Game July 12 shanghaiist.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghaiist.com Daily Mail and Mail on Sunday newspapers.