Additionally, it tops one of the largest gaming developers of the era, Activision Blizzard, which amassed $8 billion across its popular games.Īccording to several reports and enthusiasts, TiMi Studios can be safely named and crowned as the "world's largest developers" in the gaming industry as it earned massive funds for the company. This amount is an enormous sum for "Call of Duty Mobile" and TiMi Studios as it scales and lines up with several of the largest companies in the world, having the same sum as GameStop's 2020 earnings report. General Secretary of Internet Society of China Lu Wei, COO of Tencent Ren Yuxin, vice president of Tencent Mobile Business Group Lin Songtao and general manager of Tencent Open Platform Hou Xiaonan attended the conference. The 2015 Tencent Open Startegy Annual Conference got held at National Convention Center and COO of Tencent delivered a speech that Tencent would start new integration of resources to created more innovative and entrepreneurial platform for society.
#Sources tencent timi studios honor call android
While Call of Duty Mobile brings in roughly 30 million players each day, Call of Duty Black Ops: Cold War is only being played by a fraction of that audience (3.8 million).Ĭall of Duty Mobile is out now on iOS and Android devices.(Photo : (Photo by VCG/VCG via Getty Images))īEIJING, CHINA - APRIL 28: (CHINA OUT) (L-R) Hou Xiaonan, general manager of Tencent Open Platform, Lu Wei, general Secretary of Internet Society of China, Ren Yuxin, chief operating officer of Tencent, and Lin Songtao, vice president of Tencent Mobile Business Group, attend the 2015 Tencent Open Strategy Annual Conference at National Convention Center on Apin Beijing, China.
#Sources tencent timi studios honor call series
The mainline Call of Duty titles continue to be successful, but Call of Duty Mobile is bringing in more fans of the series due to its free nature. With TiMi accounting for 40% of Tencent's online gaming revenue from 2020, it's easy to see how this mobile game developer could end up in the AAA gaming space. While TiMi Studios might not seem like a large developer since it only really started to expand in 2016, $10 billion in revenue in one year is nothing to sneeze at. Tencent is expanding into the gaming market at a historic pace with its development studios continuing to make tons of revenue from online and mobile gaming. Roughly 210 million mobile gamers play Call of Duty Mobile actively, while around 30 million are playing daily and contributing to TiMi's success. Companies such as Activision Blizzard bring in more money annually than TiMi Studios, but for a single studio, TiMi is the "world's largest developer." TiMi Studios may be looking to expand beyond mobile games into the AAA gaming space in order to effectively compete against the biggest studios in the world. Tencent reported 156.1 billion yuan in overall online game revenue for 2020, with TiMi contributing a whopping 40%. Tencent encompasses a vast array of studios, including TiMi Studios which is a big contributor to the financial success the conglomerate is experiencing thanks to the booming mobile gaming market. Though this number continues to increase from one quarter to another thanks to the popularity of Call of Duty Mobile, Tencent and TiMi still have a long way to go to reach the numbers they're looking for. While TiMi Studios was able to bring in $10 billion of its own through games like Call of Duty Mobile and Honor of Kings, Tencent reported total annual revenue of over $73 billion in 2020. TiMi Studios alone raked in $10 billion in 2020 without relying on Tencent's other internal studios such as Lightspeed & Quantum Studios. Tencent plans to eventually bring in half of its game revenue from overseas markets, but this figure is currently at 23% for the most recent quarter. RELATED: How Call of Duty Mobile’s Second Attempt At Zombies Can Be Successful TiMi Studios is the development studio behind Call of Duty Mobile, Pokemon Unite, Arena of Valor, Speed Drifters, Honor of Kings, and more and according to recent reports, the team had a banner year in 2020. TiMi Studios made $10 billion in revenue in 2020, which makes it the "world's largest developer" for a single studio. The developers behind Call of Duty Mobile continue to rack in money during the pandemic, with 2020 being a particularly successful year for the studio. TiMi Studios is looking to expand its global audience in order to maintain financial success in the mobile market.
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