Tencent to invest another $90 million in Pocket Gems

Chinese corporation Tencent invests $90 million in mobile developer Pocket Gems.

Pocket Games will direct funding to support the strategy of War Dragons on iOS and Android and the development of the platform for interactive stories Episode.

In addition, Pocket Gems announced that this year it plans to launch its new studio and present its first game.

Earlier, Tencent bought a 20% stake in the California studio for $ 60 million. The new investment will raise her ownership stake in Pocket Games to 38%.

Despite this, Pocket Games is still an independent company.

Source: Games Industries

Comments

Write a comment...

Analytics: Revenue of Last War: Survival has approached one billion dollars

Last War: Survival is a mobile strategy game set in a zombie apocalypse, developed by the Singaporean company First Fun. The game was released in July 2023. According to the analytics firm Sensor Tower, since its release, Last War: Survival has generated over $900 million