Tag Archives: china

China extends its lead as world’s largest video games market

A new reports from IHS Markit has predicted that the Chinese video game success story is going to become even more important over the next few years. In 2016, the Chinese video game market was worth $25.6bn, and this is expected to grow to $29bn this year. This makes it …

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Tencent unveil a five year, $15b plan for Chinese esports

Tencent, the monolithic Chinese internet giant, have shown off a five-year plan to invest $15b into the Chinese esports market. The plan was reported by Chinese media outfit Caixin, but hinted at in the company’s end of year financials for 2016 back in March. It’ll see Tencent supporting its own …

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NBA are eying up a Chinese esports league

The NBA, hot on the heels of announcing their own esports league with NBA franchises taking part, have set their sights on China. NBA China’s CEO David Shoemaker was talking to CNBC about the NBA’s expansion and how he’s optimistic that esports expansion to China has great potential, when he …

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$250,000 Hearthstone Summer Championship to take place in Shanghai

Hearthstone’s Spring Championship Lan final will be taking place in Shanghai, with players competing for a chunk of a $250,000 prize pool. The event will take place from July 7-9 at the Shanghai Expo Center, with 16 players made up of the top four players from Americas, Europe, Asia-Pacific and …

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Blizzard reveals Overwatch and Hearthstone loot box odds

Thanks to Chinese law, Blizzard has published the odds that gamers face every time they buy a card pack or loot box. It was reported in December that starting May 2017, developers whose games contain random loot box drops will be required to reveal the underlying odds in compliance with …

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Overwatch is free in May… if you’re in China

Gamers in China about to be given the gift of Overwatch next month, with the entire game being free to play for the entirety of May. The full game will be free, although free players will be locked out of competitive mode to avoid free players messing with the balance …

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Ubisoft teams up with Tencent for China-focused Might & Magic game

French publisher Ubisoft has joined forces with the biggest game company in the world to launch a new game designed specifically for China. Might & Magic Heroes: Era of Chaos is a mobile game that will be published by Tencent in the region this June. It is being developed by …

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Sony unveils several new PSVR titles

PSVR owners eagerly awaiting some new titles are in for a treat after Sony announced a fresh batch of new games for its virtual reality system. UploadVR reports that the titles have all come from Sony’s China Heroes Project, which supports the country’s rapidly booming VR industry. Nine PS4 games …

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Riot Games owner Tencent posts $21.9 billion in revenue for 2016

Tencent, the Chinese tech behemoth, and owner of League of Legends developer, Riot Games, has reported it made $21.9 billion in revenue for 2016. Diving deeper into thefinancial report for the year 2016, which was released today, Tencent report that “online games revenues grew by 16% YoY [year on year]” …

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