21 votes

Tencent controls 15% of gaming market and brought in nearly $20 billion in 2018

10 comments

  1. Nivlak
    Link
    They also just got the rights to sell the Nintendo Switch in China. Only the largest video game market on the planet. Cha-Ching!

    They also just got the rights to sell the Nintendo Switch in China. Only the largest video game market on the planet. Cha-Ching!

    6 votes
  2. [2]
    musa_totter
    Link
    Valve isn't on the list, presumably because it isn't public. Any ideas where they would be on the list?

    Valve isn't on the list, presumably because it isn't public. Any ideas where they would be on the list?

    5 votes
    1. cfabbro
      (edited )
      Link Parent
      Steam Earned an Estimated $4.3B in 2017, so if that is accurate and they had the same revenue this year as last, they would be tied with Nintendo for 9th place.

      Steam Earned an Estimated $4.3B in 2017, so if that is accurate and they had the same revenue this year as last, they would be tied with Nintendo for 9th place.

      4 votes
  3. Octofox
    Link
    Game devs already have it pretty shit. Wonder how they will go when tencent has them working 996

    Game devs already have it pretty shit. Wonder how they will go when tencent has them working 996

    5 votes
  4. [6]
    Magneto
    Link
    I have no respect for tencent. They're apart of the much bigger problem of Chinese acquisition of global markets. You can't even boycott them, because they'll just buy whatever is the next big...

    I have no respect for tencent. They're apart of the much bigger problem of Chinese acquisition of global markets. You can't even boycott them, because they'll just buy whatever is the next big thing.

    It's the Chinese wet dream to control the world's media.

    5 votes
    1. [2]
      EightRoundsRapid
      Link Parent
      This applies to US business practice too. US corporate interests are everywhere on this planet, and backed by US trade policy and deals. It's not something unique to China, or any other major economy.

      This applies to US business practice too. US corporate interests are everywhere on this planet, and backed by US trade policy and deals. It's not something unique to China, or any other major economy.

      11 votes
      1. nothis
        Link Parent
        Fine. As a European, I'd rather have the US control it than China. There, I said it out loud! What we really need are laws against giant companies going grocery shopping and just buying every...

        Fine. As a European, I'd rather have the US control it than China. There, I said it out loud!

        What we really need are laws against giant companies going grocery shopping and just buying every piece of competing media.

        9 votes
    2. [3]
      cfabbro
      Link Parent
      Uhm, isn't that the wet dream of most superpowers, including the US?

      It's the Chinese wet dream to control the world's media.

      Uhm, isn't that the wet dream of most superpowers, including the US?

      4 votes
      1. [2]
        papasquat
        Link Parent
        It was reality for most of the second half of the 20th century.

        It was reality for most of the second half of the 20th century.

        1 vote
        1. BuckeyeSundae
          Link Parent
          As I recall, the British fought a war or two to keep China British.

          As I recall, the British fought a war or two to keep China British.