Phoenix
Company
Documents about Phoenix
Games and Numbers: September 9 – September 21, 2026
This bi-weekly industry update provides a summary of key performance milestones for PC, console, and mobile titles between September 9 and September 21, 2026.
- The Dragon Quest series has surpassed 100 million lifetime copies sold, up from 95 million in autumn 2025.
- Dave the Diver by Mintrocket has reached 10 million units sold, with its 'In the Jungle' DLC contributing an additional 1 million sales.
- Bulkhead’s Wardogs sold 2 million copies in its first five days of Early Access, significantly exceeding the 400,000-unit break-even threshold.
Moshi: Thailand's 2-Time Free Fire World Champion and MVP Profile
Moshi, born in 2005, has become Thailand’s most celebrated Free Fire competitor, capturing two world-championship titles in 2022 and 2025 while consistently placing on the Free Fire World Series podium for four consecutive years.
- Moshi is a two-time Free Fire world champion (2022, 2025) and has secured a podium finish at the Free Fire World Series for four consecutive years.
- With a career prize total of $431,887, Moshi currently ranks second on the all-time Free Fire earnings leaderboard.
- Across his tenure with EVOS Phoenix and Buriram United Esports, Moshi has maintained a 40% squad win rate, totaling approximately 300 victories in over 800 matches.
iBUYPOWER Sponsors Monster Energy’s fl0m Mythical LAN 2026
iBUYPOWER has officially re-entered the Counter-Strike esports landscape by securing a sponsorship deal for the Monster Energy’s fl0m Mythical LAN 2026.
- iBUYPOWER has returned to the Counter-Strike esports scene by sponsoring the Monster Energy’s fl0m Mythical LAN 2026, marking the company's first major involvement since its departure following a match-fixing scandal.
- The Mythical LAN 2026 is scheduled for January 9–11, 2026, at the HyperX Arena in Las Vegas with a total prize pool of $30,000.
- The event features eight competing teams: M80, NRG, SkinRave Esports, Marsborne, BOSS, Team VOCA, regain, and Phoenix.
LPL Set to Shrink to 14 Teams for 2026
China’s League of Legends Pro League (LPL) is undergoing a significant structural contraction, reducing its roster from 16 to 14 teams for the 2026 season.
- China’s League of Legends Pro League (LPL) will reduce its roster from 16 to 14 teams for the 2026 season.
- FunPlus Phoenix (FPX) has officially exited the league following TJ Sports' repurchase of their franchise slot, effective January 1, 2026.
- Royal Never Give Up (RNG) is expected to be absent from the 2026 season lineup, though league operator TJ Sports has not issued a formal statement regarding their status.
FunPlus Phoenix to Exit China’s LPL as TJ Sports Repurchases Franchise Slot
FunPlus Phoenix (FPX) will officially exit China’s League of Legends Pro League (LPL) following the conclusion of the 2025 season.
- FunPlus Phoenix (FPX) will officially exit China’s League of Legends Pro League (LPL) on January 1, 2026, following a franchise slot buyback agreement with league operator TJ Sports.
- The exit marks the end of an eight-year tenure for FPX, which entered the LPL in 2017 and won the 2019 League of Legends World Championship.
- TJ Sports initiated the buyback program in late 2024 as part of a broader effort to optimize the league's competitive schedule.
Games Industry Layoffs in 2024
The global games industry is experiencing a period of significant labor market instability, characterized by a rapid acceleration in workforce reductions.
- The games industry recorded approximately 10,200 layoffs in the first five months of 2024, nearly equaling the 10,500 total job cuts documented throughout all of 2023.
- Microsoft leads the industry in workforce reductions with 2,150 positions eliminated, followed by Unity with 1,800 roles cut.
- Major industry players including Sony Interactive Entertainment (900), Electronic Arts (670), and Take-Two Interactive (600) have significantly contributed to the current wave of downsizing.
Edward Gaming Generates $690K in Revenue From Valorant Weapon Skins
A recent four-hour live commerce event on the Chinese platform Douyin demonstrated the significant monetization potential of digital goods within the esports sector.
- A four-hour Valorant live commerce event on Douyin generated approximately $1.98 million in total revenue from the sale of over 100,000 team-branded weapon skins.
- Edward Gaming (EDG) led all participating teams with 78,000 units sold, resulting in approximately $690,000 in revenue.
- Bilibili Gaming (BLG) secured the second-highest sales volume with 12,000 units, generating approximately $107,000.
Mercedes-Benz Korea Sponsors T1 Entertainment & Sports
Mercedes-Benz Korea has entered into a sponsorship agreement with the South Korean esports organization T1 Entertainment & Sports.
- Mercedes-Benz Korea has signed a sponsorship deal with the esports organization T1 Entertainment & Sports, marking the brand's first partnership with a South Korean esports team.
- The agreement effectively ends the previous partnership between T1 and BMW, which had been in place since April 2020.
- As part of the new deal, the Mercedes-Benz logo will be prominently displayed on the center of T1 team jerseys, debuting at the League of Legends Mid-Season Invitational in London (May 2–21, 2023).
Chicago Not So Bullish on Esports Projects in 2023
The landscape for large-scale esports infrastructure in Chicago faced significant setbacks in early 2023, as multiple high-profile development projects were either rejected or abandoned.
- Chicago officials rejected a $104 million proposal to convert the former Chicago Board Options Exchange building into a mixed-use facility featuring an esports arena, citing the project's ineligibility for city tax increment financing subsidies.
- Developer Scott Greenberg has officially abandoned plans for a $30 million virtual reality esports arena at 2500-48 S. Wabash Avenue, citing a lack of market appetite and shifting conditions in the gaming industry.
- The rejected $104 million Chicago Board Options Exchange project, supported by LeagueSpot and Phoenix Sports Partners, aimed to transform the building's trading floor into an esports competition space alongside student housing and wellness facilities.