Honor of Kings
GameBy TiMi Studio Group · Released Nov 26, 2015
Documents about Honor of Kings
Chengdu to Host Intel Extreme Masters in 2024
The ESL FACEIT Group has announced that the 2024 Intel Extreme Masters (IEM) tournament will take place in Chengdu, China, from April 8–14.
- ESL FACEIT Group will host the Intel Extreme Masters (IEM) 2024 in Chengdu, China, from April 8-14.
- The Counter-Strike 2 tournament features a $250,000 USD prize pool and 16 international teams, with the winner qualifying for IEM Cologne 2024.
- The event will take place at the 12,000-seat Financial City Art Centre, marking ESL's first arena tournament in China in over four years.
Chengdu to Host 2024 League of Legends Mid-Season Invitational
The 2024 League of Legends Mid-Season Invitational (MSI) is scheduled to take place in Chengdu, China, from May 1 to May 19, 2024.
- Riot Games will host the 2024 League of Legends Mid-Season Invitational (MSI) in Chengdu, China, from May 1–19, marking the city's first time hosting a major League of Legends global event.
- The winner of the 2024 MSI will receive a direct invitation to the 2024 League of Legends World Championship, which is scheduled for September 25 to November 2 in Berlin, Paris, and London.
- The Chengdu Gaoxin District government plans to invest ￥240M RMB ($33.5M USD) over the next three years to develop the local esports industry.
Goddess of Victory: NIKKE Hits $600 Million in Revenue
The mobile title Goddess of Victory: NIKKE, developed by South Korean studio Shift Up and published by Tencent’s label Level Infinite, achieved $600 million in global player spending during its first year of operation.
- Goddess of Victory: NIKKE generated $600 million in mobile revenue globally during its first year, spanning November 4, 2022, to November 10, 2023.
- Japan is the primary market for the title, accounting for 60% of total revenue and 67.7% of organic downloads.
- The game is now the third highest-grossing title in Tencent’s portfolio, trailing only PUBG Mobile and Honor of Kings.
Roblox Hits $7 Billion in Player Spending on Mobile
The mobile version of Roblox has reached a significant financial milestone, surpassing $7 billion in cumulative player spending.
- Roblox has surpassed $7 billion in cumulative mobile player spending, with direct in-app purchase revenue accounting for approximately $4.2 billion of that total.
- The United States is the primary market for Roblox, representing 58% of total mobile revenue and 20% of the platform's nearly 1 billion global downloads.
- As of late 2023, Roblox is the world's most downloaded free-to-play mobile game with over 190 million installs year-to-date.
Tencent Generated Over $6.3 Billion from Games in Q3 2023
Tencent’s financial performance for the third quarter of 2023 underscores its continued dominance as the world’s leading video game company by revenue.
- Tencent generated $6.36 billion in gaming revenue during Q3 2023, accounting for 30% of the company's $21.5 billion total quarterly revenue.
- Domestic gaming revenue in China grew 5% year-over-year to $4.52 billion, driven by titles such as Valorant, Lost Ark, Honor of Kings, and Dungeon & Fighter.
- International gaming revenue reached $1.84 billion, marking a 7% year-over-year increase fueled by PUBG Mobile, Goddess of Victory: NIKKE, Valorant, and Triple Match 3D.
Chengdu-Based All Gamers Secures $1.37M in a Series B+ Financing Round
The Chengdu-based esports organization All Gamers (AG) has successfully secured over ¥10 million RMB, approximately $1.37 million USD, in a Series B+ financing round.
- Chengdu-based esports organization All Gamers (AG) raised over $1.37 million (¥10M RMB) in a Series B+ financing round.
- The funding round was led by Orinno Capital, a state-owned investment firm backed by the Chengdu Gaoxin District Holdings.
- All Gamers intends to use the capital to accelerate its IPO process, with a target completion date between 2025 and 2026.
Market Value of Goddess of Victory: NIKKE Developer Shift Up Increased Eightfold
The South Korean game developer Shift Up has experienced a significant surge in market valuation, increasing eightfold over a five-year period.
- Shift Up’s market valuation has increased eightfold over the last five years, driven primarily by the commercial success of the mobile title Goddess of Victory: NIKKE.
- WeMade Entertainment realized a significant return on investment by selling its 4.2% stake in Shift Up for $53.9 million in 2023, having originally purchased the shares for $7.4 million in 2018.
- Tencent increased its total stake in Shift Up to over 24% after acquiring 2 million shares from WeMade through its Singaporean subsidiary, Aceville.
NineBot Named Title Sponsor of LNG Esports for Worlds 2023
The League of Legends Pro League (LPL) team LNG Esports has secured a title sponsorship deal with NineBot, a manufacturer of electronic motorcycles and a brand of Segway, for the duration of the 2023 League of Legends World Championship.
- LNG Esports has signed a title sponsorship deal with electric motorcycle brand NineBot for the League of Legends World Championship 2023.
- As part of the rebranding, the team will compete as 'LNG NineBot' during the tournament, with the sponsor's branding featured on the front and back of team jerseys.
- LNG Esports is owned by the Chinese apparel brand Li-Ning, which serves as the exclusive apparel sponsor for the League of Legends Pro League (LPL).
Mobile MOBA Games Market in 2026: Key Trends and Predictions
The mobile Multiplayer Online Battle Arena (MOBA) market as of 2026 remains a highly competitive, high-growth sector primarily driven by mid-core gamers.
- Honor of Kings remains the global revenue leader with over $10 billion in lifetime player spending and more than 300 million downloads, primarily driven by its dominance in the Chinese market.
- Mobile Legends: Bang Bang has established itself as the leading global MOBA outside of China, generating over $1 billion in revenue and surpassing 500 million all-time downloads.
- IP-based games are a major market driver, with 43% of the top 200 grossing games in the U.S. and up to 70% in China utilizing popular intellectual properties to attract players.
League of Legends: Wild Rift Tops $1 Billion in Revenue
League of Legends: Wild Rift has officially surpassed $1 billion in lifetime player spending, marking a significant financial milestone for the mobile MOBA title.
- League of Legends: Wild Rift has surpassed $1 billion in lifetime player spending in less than three years since its October 2020 global launch.
- China is the primary revenue driver, contributing $141 million of the game's $188 million total revenue generated in the first half of 2023.
- The title has reached 111 million total downloads, with China, Vietnam, and Brazil identified as the key markets for user acquisition.
Tencent Becomes Top Mobile Publisher by Consumer Spend Globally
The mobile market analytics firm data.ai has released its annual Top Publisher Awards, identifying the leading global mobile publishers based on consumer spending throughout 2022.
- Tencent maintained its position as the top global mobile publisher by consumer spend for the sixth consecutive year in 2022, driven by titles like Honor of Kings and mobile versions of PUBG and Call of Duty.
- ByteDance rose to the second position in global mobile publisher rankings, reflecting significant growth in consumer spending.
- Industry consolidation is actively reshaping the market, highlighted by Take-Two Interactive’s debut at number 15 following its acquisition of Zynga.
Audi Partners With China Gold to Reward Chinese Players at Road to Asian Games Opening Ceremony
The opening ceremony of the Road to Asian Games, held on June 17, 2023, served as a platform for a high-profile brand activation involving Audi and the China National Gold Group Corporation (GNGC).
- At the June 17, 2023, opening ceremony for the 'Road to Asian Games' competition, Audi served as the chief partner and honored five Chinese esports athletes with commemorative silver rings.
- The recipients included former Chinese national team members from the 2018 Jakarta Asian Games, specifically players and coaches from the League of Legends and Honor of Kings rosters.
- The awarded players were Ji “Abu” Xing, Shi “Ming” Senming, Su “Xiye” Hanwei, Zhang ”Laoshuai” Yuchen, and Wang “Alan” Tianlong.
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