Sources: Tencent is in early talks to acquire Nexon, the South Korean gaming giant behind Dungeon & Fighter Mobile; Tencent pursued a Nexon acquisition in 2019
Shenzhen-based Tencent has reached out to the family of Nexon's late founder Kim Jung-ju to discuss the possibility of an acquisition …
Tencent reports Q3 revenue up 8% YoY to ~$23.9B and net income up 20% YoY to ~$7.4B, vs. ~$6.2B est., buoyed by Dungeon & Fighter Mobile and Black Myth: Wukong
Zheping Huang / Bloomberg :
Tencent reports Q2 revenue up 8% YoY to ~$22.5B, below est., and a ~$6.6B net income, above est., after releasing its blockbuster game Dungeon & Fighter Mobile
Zheping Huang / Bloomberg :
Tencent's shares are up 28% so far in 2024 after the strong debut of Dungeon & Fighter Mobile, adding $91B in market value, more than any other Chinese company
Jeanny Yu / Bloomberg :
A look at Tencent removing hit game Dungeon & Fighter Mobile from Android app stores in China, some of which have a default sales split of 50% on games revenue
Zheping Huang / Bloomberg :
Sensor Tower: Nexon's Dungeon & Fighter Mobile generated $270M on iOS in China in the 30 days after its May 21 launch, marking Tencent's biggest release in 2024
- ‘Dungeon & Fighter Mobile’ is off to a hot start in China — The Nexon-produced game is Tencent's biggest release this year
Sensor Tower: Tencent's Dungeon & Fighter Mobile generated $140M+ in player spending in its first week in China, and 2.6M downloads from iPhone users in China
- ‘DnF Mobile’ topped download and sales charts in China — Annual revenue could surpass $1 billion, Niko estimates