5 Most Valuable Gaming Companies in the World

2. Tencent Holdings Limited (HKSE: 0700.HK)

Revenue: $20.5 billion in 2020 via Reuters

Valuation: $134.6 billion

Tencent Games is the largest China-based gaming company in the world. They have a controlling stake in several game studios like Supercell, Riot Games and Grinding Gear Games. Their primary focus is on online and smartphone games. The company’s flagship game is called “Honor of Kings” which was one of the most profitable games sold in 2020. Tencent Games is on track to generate increasing revenues through advertising and branded virtual costumes in its video games. Its other popular games include PUBG Mobile which has consistently ranked on first place in China and across the world. It has reached 50 million players online.