China's <br />Tencent , Has Quietly Become <br />the World's Largest , Video Game <br />Company.<br />Tech giant Tencent is everywhere in China, but it has yet to become a household name in the West. .<br />Tencent owns China's most popular <br />messaging app, WeChat, which boasts <br />over 1.2 billion monthly active users. .<br />Tencent owns China's most popular <br />messaging app, WeChat, which boasts <br />over 1.2 billion monthly active users. .<br />Tencent also created QQ.com, which <br />is one of China's largest web portals and <br />the fourth-most visited website in the world. .<br />Tencent also created QQ.com, which <br />is one of China's largest web portals and <br />the fourth-most visited website in the world. .<br />Tencent Music, which owns <br />the majority of China's music <br />services, has over 841 million users. .<br />Polygon reports that Tencent has also become <br />the biggest game company in the world. .<br />According to Polygon, <br />Tencent has been acquiring <br />international game studios since 2011. .<br />The company, one of the world's<br />largest tech conglomerates, <br />also has plans to build a metaverse. .<br />The company's CEO, Pony Ma Hautang, said that <br />Tencent's vision of the metaverse is a gamified social <br />media experience mixed with a real world experience <br />supplemented by augmented and virtual reality. .<br />The company's CEO, Pony Ma Hautang, said that <br />Tencent's vision of the metaverse is a gamified social <br />media experience mixed with a real world experience <br />supplemented by augmented and virtual reality. .<br />In 2020, Tencent raked in approximately <br />$6.7 billion in game revenue, earning it the title <br />of the world's largest video game producer. .<br />In 2020, Tencent raked in approximately <br />$6.7 billion in game revenue, earning it the title <br />of the world's largest video game producer. .<br />Polygon reports that Tencent's <br />streak of acquisitions has <br />continued at an accelerated pace. .<br />Niko Partners, a research firm, estimates <br />that Tencent closed one new game deal <br />every 2.5 days for the first half of 2021. .<br />Niko Partners, a research firm, estimates <br />that Tencent closed one new game deal <br />every 2.5 days for the first half of 2021.
