A Tencent Games logo from an app is seen on a mobile phone in this illustration picture taken November 5, 2018. Photo: Reuters
Tencent feels heat from gaming rivals Alibaba, ByteDance and Genshin Impact maker miHoYo
- Tencent saw record growth in gaming in 2020, investing in nearly 30 companies as PUBG Mobile and Honour of Kings pulled in more than US$5 billion
- While Alibaba and ByteDance continue to push into gaming, miHoYo’s Genshin Impact became one of the hottest new titles without Tencent’s ecosystem
A Tencent Games logo from an app is seen on a mobile phone in this illustration picture taken November 5, 2018. Photo: Reuters
