What Can Dislodge Tencent as King of the Videogames?


Predicting the success of videogames is a bit like predicting how movies will fare—much relies on the fickle winds of public taste. How, then, has China’s Tencent—now the world’s largest games company—survived and prospered?

Tencent generated almost $13 billion of revenue from games in the first three quarters this year, far more than its global peers. Japan’s Sony, for example, made only around half as much. The $480 billion company’s biggest advantage, of course, is its pre-eminent position in China, where it controls around…

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