Money Games: Tencent
Tim Merel investigates the biggest games company you may never have heard of... yet
Tencent has some natural advantages which help enormously
I like this first chart a lot, because it contrasts the growth in online/mobile games with the flat console games market, which is great if you're a pure online/mobile company like Tencent.
The next chart helps to clarify things further, forecasting that Asia-Pacific will become the number one market by revenue, with Europe at number two and North America at number three.
A very large proportion of Asia's strength comes from China - Tencent's home market - where online/mobile games account for the bulk of revenue.
Whether or not you have faith in the forecasts themselves, directionally they're correct. The videogames market is going online and mobile, with China a large part of those markets. Again, that's great if you're the leading player in online/mobile games in China.