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Tag: Tencent

Tencent Introduces Facial Recognition To Identify Underage Gamers In China Tencent

09 Jul, 2021 Tencent Introduces Facial Recognition To Identify Underage Gamers In China

Chinese gaming giant, Tencent, has now taken precautionary measures to prevent underage youths from bypassing government gaming laws in China. The company has introduced a time-sensitive facial recognition system to prevent underage gamers from posing as adults. Internet addiction among...

Krafton Files For IPO; PUBG India’s Comeback On Back Burner? Tencent

09 Apr, 2021 Krafton Files For IPO; PUBG India’s Comeback On Back Burner?

Krafton, the parent firm of PlayerUnknown’s Battlegrounds (PUBG) filed for an initial public offering (IPO) in South Korea. It was then discovered that the Chinese company Tencent is the second-largest stakeholder of Krafton with 15.5 percent stake. Krafton’s founder Chang Byung-gyu is ...

Tencent’s Timi Gaming Studio Makes A Whopping USD 10 Billion In Revenue Tencent

05 Apr, 2021 Tencent’s Timi Gaming Studio Makes A Whopping USD 10 Billion In Revenue

Timi Studios, owned by the Chinese tech giant, Tencent generated a revenue of USD 10 Billion in 2020 stated a news report by Reuters. The studio has created popular video games like Call of Duty Mobile and Honor of Kings. This massive revenue of USD 10 Billion will place Timi Studios in...

Battle game PUBG banned in India; Tencent loses distribution rights Tencent

09 Sep, 2020 Battle game PUBG banned in India; Tencent loses distribution rights

The sudden ban on online multiplayer battle royale game PUBG in India has created a huge ruckus as lakhs of youth were addicted to it. In 2019, the mobile battle game developed by Chinese gaming giant Tencent had made over $100 million from in app purchases in India itself. PUBG Mobile ...

Tencent shuts poker app, WSOP China stands cancelled Tencent

12 Sep, 2018 Tencent shuts poker app, WSOP China stands cancelled

Here comes another massive blow to the status of poker in China and Asia, and a blow to Tencent Holdings as well. Recently, the Chinese social gaming giant purchased a major stake in Indian fantasy sports provider, Dream11, where they invested $100 million and soon later reported a drop...

Tencent

06 Sep, 2018 Tencent Holdings invest Rs.719 crore in Dream11

In a latest development, Chinese multinational and gaming giant Tencent Holdings has invested a huge amount of money in Indian fantasy sports provider, Dream11. The Indian company has grown well over the years and this was probably one of the biggest developments for them, securing fres...

Tencent Holdings May Invest $100 Million in Dream11 Tencent

20 Apr, 2018 Tencent Holdings May Invest $100 Million in Dream11

Founded in 1998, Tencent Holdings Limited is a Chinese multinational company, a leading provider of internet services and a mobile gaming giant as well. Tencent happens to be one of the biggest investment corporations in the world, always looking to broaden their scope and invest in boo...

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