#Tencent

Square Enix struck a deal with Tencent that will have the two forming a strategic partnership. They’ll be forming a new studio to create games based on their IPs and franchises. The move is widely seen as an attempt by Tencent to diversify out of the Chinese market and get its name more well known...
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The popular video game Monster Hunter: World was blocked in china after a Chinese Regulators said it did not meet Chinese Regulation Standards. Tencent is offering refunds for the game with no questions asked in the wake of government regulation. Source: CNBC Image: Flickr
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Last year, Riot’s parent company Tencent launched a lawsuit against Moonton. They claimed that Moonton’s game Mobile Legends bore a striking resemblance to their game League of Legends, and a Shanghai court agreed. Tencent has been awarded roughly $2.9 million in damages for the copyright infringement. Source: Dot Esports Image: Pixabay
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Bluehole has officially dropped their lawsuit against Epic Games. They filed suit in South Korea awhile back over the similarities between PUBG and Fortnite, expressing concerns over the licensing of the Unreal engine. There were many complications to the lawsuit, not the least of which is that Tencent is a partial owner to both of...
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Fortnite is going to be releasing in China, and you will never guess who’s behind it. That’s right, it’s Tencent. Tencent struck a deal with Epic Games to bring Fortnite to China. This is a $15 million investment into the game’s esports scene both in China and worldwide. Source: PC Gamer Image: Pixabay
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Esports companies have raised $2 billion in investments in the first quarter of 2018. The biggest contributor to that total is Tencent, based out of China. They account for $1.1 billion of that $2 billion in total. $2 billion matches the entirety of esports investment in 2017. Source: Dot Esports Image: Pixabay
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Tencent is gearing up to begin supporting esports in a big way for their mobile hit Arena of Valor. The forthcoming ecosytem of regional and collegiate tournaments will be building up to a major $500,000 championship. Arena of Valor is the westernized version of China’s massive MOBA Honor of Kings, which last summer boasted over...
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