trending Market Intelligence /marketintelligence/en/news-insights/trending/WZ8MKfppqDFnL6C6JBrK-A2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Tencent's mobile developer to triple US headcount in 2020

Asia-Pacific Subscription OTT Video 5-Year Outlook

European Subscription OTT Video 5 Year Outlook

Early Q4'19 Results Point To 6 Million-Plus Multichannel Subscriber Drop In 2019

IFRS 9: Time is Running Out for Insurance Companies to Comply


Tencent's mobile developer to triple US headcount in 2020

One of Tencent Holdings Ltd. mobile game developers, TiMi Studios, will triple its U.S. headcount in 2020 to accelerate its international expansion, Vincent Gao, the director of TiMi Studios told S&P Global Market Intelligence.

The developer of "Honor of Kings," a blockbuster mobile game of the China-based internet conglomerate, TiMi currently has a team operating in Los Angeles, Gao said. The studio aims to develop its North American arm into a "full development studio" to understand different players' behavior and obtain a stronger global perspective, he added.

There has been a rising demand for high-quality mobile games in global players, he said, adding that TiMi plans to develop more mobile versions of already well-known game brands to meet this demand.

TiMi is also set to increase its publication of mobile versions of well-known titles to support a monetization strategy called game-as-service, which encourages in-game purchases and other continuing revenues from titles that are often initially free, as reported earlier.

Tencent is investing in an increasing number of global game developers and publishers. It holds stakes in U.S. Epic Games Inc., South Korea-based Bluehole and France-based Ubisoft Entertainment SA and recently invested an undisclosed sum in Japan's PlatinumGames.