The game is similar to DOTA 2 … Honor of Kings is the most successful game Tencent has ever made. Honor of Kings is a mobile game published by Tencent Games, and is among the world’s most profitable gaming properties, having grossed 4B yuan ($630M) in Q1 2018, according to the China Gaming Industry Report. Tencent recently rebranded the global edition of Honor of Kings (or 王者荣耀 in Chinese) from Strike of Kings to Arena of Valor, according to the game’s official website and YouTube channel. Tencent, China’s biggest video games and social media company, also saw the game as a perfect conduit to develop the now highly popular esports in China, as more and more young and affluent Chinese are willing to … While it remains largely unknown outside China, Honour of Kings, made by Chinese internet group . “Honor of Kings”, a fantasy multiplayer role-playing battle title developed by Chinese gaming giant Tencent, has amassed 100 million daily active users worldwide, a landmark number achieved five years after the mobile game’s launch, according to a WeChat post.. 34,700 crores), according to data from Refinitiv. One blunder, the Tencent sources says, was to replace the Honour of Kings characters, which are inspired by Chinese mythology, with figures from … The game on its fifth anniversary is also forming a … The game recently celebrated its fifth anniversary at which, Tencent announced that it has crossed 100 million daily active users worldwide. Honor of Kings is a mobile multiplayer online battle arena (MOBA) game, highly resembling PC games such as Dota 2 and League of Legends, the latter being developed and published by Riot Games, a subsidiary of Tencent.. Tencent owns ‘Honour of Kings’. Honor of Kings is the most successful game Tencent has ever made. The overseas edition of Honor of Kings, called Arena of Valor, has had limited success outside Asia. Honor of Kings, the Tencent owned “national mobile game of China”, has announced that it was moving its King Professional League (KPL) 2020 spring tournaments online due to the recent COVID-19 outbreak. Either a Tencent QQ account or a WeChat account is required to play the game. Honor of Kings, Tencent's flagship video game, announced a record 100 million daily active users worldwide and said it was expanding into other genres and forming a tie-up with British luxury group Burberry. The league said it had already improved and revised the corresponding rules for the game. On Monday, Tencent Games’ TiMi Studios announced that Honor of Kings had surpassed 100M average daily active users year-to-date. Tencent Games has signed a partnership deal with British luxury brand Burberry to integrate and promote the company in its popular mobile game, Honor of Kings. Tencent’s profit surges 89% as Chinese giant rides on gaming boom Tencent’s flagship game Honor of Kings reported a record 100 million daily active users in the first 10 months of 2020. Tencent also makes movies and is currently building an eSports complex and has plans for an Honor of Kings theme park. Burberry is the latest in a long list of non-endemic apparel, automotive, and luxury brands to connect with video games and esports including Gucci , Louis Vuitton , BMW , adidas , Nike , and many more. Tencent's hit MOBA Honour of Kings has made more than $3.5 billion in revenue since launching in November 2015.. Tencent made CNY 38.5 billion (roughly Rs. For the uninitiated, Tencent’s Honor of Kings — or Arena of Valor, depending on the region — occupies the video game subgenre known as multiplayer online battle arena games (MOBAs). In 2015, Tencent approached Riot Games to port League of Legends to mobile. Tencent has launched its biggest esports competition for Honor of Kings in 2017, the King Pro League. Its flagship game Honor of Kings reported a record 100 million daily active users in the first 10 months of 2020. Honor of Kings from Tencent has grossed an estimated $4.5 billion globally on the App Store and Google Play since its October 2015 launch, Sensor Tower Store Intelligence data shows. 43,400 crores) profit for the three months through September. (Image: Tencent) Honor of Kings is the world’s most popular and lucrative mobile game. Honor of Kings has an interesting history. The moves come as the world's most lucrative mobile game celebrates its fifth anniversary and faces a challenge from a mobile version of League of Legends, the world's most … That was ahead of an analyst average estimate of CNY 30.81 billion (roughly Rs. The platform is a big reason for the game’s success in China, where mobile gaming is the dominant form, but Tencent also tapped into social elements that helped make Honor of Kings … Honor of Kings, Tencent’s flagship video game, announced a record 100 million daily active users worldwide and said it was expanding into other genres and forming a tie-up with British luxury group Burberry. Tencent's flagship video game, Honor of Kings, has announced a record 100 million daily active users worldwide. HONG KONG: Honor of Kings, Tencent’s flagship video game, announced a record 100 million daily active users worldwide and said it was expanding into other genres and forming a … HONG KONG (Reuters) - Honor of Kings, Tencent's flagship video game, announced a record 100 million daily active users worldwide and said it was … According to Sensor Tower, the Shenzhen behemoth’s home country has remained the most lucrative and contributed 96 per cent of the total.. Revenue made in China from Honour of Kings came in at $89.2 million for the first half of 2018. Honor of Kings is a popular multiplayer online Battle Arena (MOBA) game, developed by TiMi Studios, a subsidiary of Tencent Games. Tencent is aiming to build a better esports ecosystem allowing for more teams, more players, increased marketing, celebrity Tencent, is a fantasy realm in itself. Honor of Kings, Tencent's <0700.HK> flagship video game, announced a record 100 million daily active users worldwide and said it was expanding into other genres and forming a tie-up with British luxury group Burberry . Honor of Kings is the most successful game Tencent has ever made. Honor of Kings is the most successful game Tencent has ever made with close to $240 million in user spending. This figure, which does not reflect the game’s revenue from third-party Android stores in China, includes $166 million spent by players just last month. The opening match will take place on March 18. Tencent’s mobile MOBA Honor of Kings (Arena of Valor) racked up more than $1 billion (¥7.1bn) in February 2019 alone, according to Japanese financial firm Nomura. Tencent, China's biggest video games and social media company, also saw the game as a perfect conduit to develop the now highly popular esports in China, as more and more young and affluent Chinese are willing to spend money on video games. Photo: Reuters. The two companies will work together to integrate the brand into the game and promote it to … The moves come as the world’s most lucrative mobile game celebrates its fifth anniversary and faces a challenge from a mobile version […] The 2017 season follows in the footsteps of the 2016 season which was watched by more than 70 million people. Overview.