Call of Duty: Mobile studio earns $10 billion in a year

Developer TiMi Studios, responsible for successful mobile games like Call of Duty: Mobile and Honor of Kings, made $10 billion last year, according to Reuters. With that, the company became the largest game producer in the world. It is worth mentioning that TiMi is owned by Tencent, another giant in the video game market.

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Call of Duty Mobile on mobile (Image: ITECHirfan/Pixabay)

With a focus on mobile games, the developer surpassed several major companies in the games industry, such as Activision Blizzard, which made about US$ 8 billion (R$ 45,3 billion), in 2020 – US$ 2 billion (R$ 11,3 billion). $XNUMX billion) less than TiMi.

Call of Duty: Mobile is one of the most accessed mobile shooting games in the world. At launch in October 2019, the game had over 100 million downloads in its first week. Honor of Kings is a China-exclusive MOBA that reaches around 100 million daily active users, according to Tencent.

Also according to Reuters, Tencent intends to build a studio for TiMi in Los Angeles, USA. The aim is to use the facilities to develop original projects that have global appeal. One of the ideas is to create “a big-budget game similar to the virtual communities seen in the movie 'Player No. 1'”.

Tencent invests in more than 300 companies
Tencent is the world's largest video game publisher. The Chinese giant bought League of Legends developer Riot Games in 2015 and acquired 40 percent of Epic Games in 2012. In addition, it has investments in more than 300 companies inside and outside China. Some examples are Bluehole, Ubisoft and Supercell.

In the field of mobile games, Tencent still owns the Lightspeed and Quantum studio, responsible for PUBG Mobile. The game is another hit on mobile phones and has over 1 billion downloads since its launch in 2018.