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Timi Studios from Tencent has generated $10 billion in revenue in 2020: Report

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Timi Studios, a popular mobile gaming app developing studio from Tencent , has apparently generated 10 billion US Dollars worth of revenue last year, as per two people close to the matter. According to a Reuters report, the 10 billion US Dollars revenue would mean that Timi Studios is now the world’s largest developer, as per the sources. For those unaware, Timi is the studio behind the popular mobile game title, Honor of Kings and Call of Duty Mobile . While it is known for its mobile based IPs, the studio is apparently also planning on taking on major video game studios for AAA titles for PC and even console gaming . These titles would imply a hefty investment to make games for PC, PlayStation , and Xbox . Last month, the company had even posted a recruitment notice, which wrote that the company is seeking to create new AAA games that resembles the virtual community from the movie ‘Ready Player One’. This title will compete head on against other established studios from regi...
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