Tencent (WeGame) might rival Steam

Very interesting idea. They absolutely have the current user base and money to take on Steam, but far from the games. Also, another problem about taking on Steam is this the fact that we already own all the games. Go look at your Steam library, and think about what other games do you want. Chances are that Steam already has those games you still want to own. So the biggest problem is that Steam already has all your games, and Steam have all the games you want, so it would take something really special to lure people away from the platform.
 
Tencent owns League of Legends, apparently the 'biggest' game in the world.
 
czc said:
Tencent owns League of Legends, apparently the 'biggest' game in the world.
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LoL defnitely has the player base, but what to do now past this point. I mean I already have Steam, Origin, uPlay and whatever the hell Battle.net is call these days. 99% of the time it's a Steam title i'm playing. Then again, the market in China is different, if they cram in a couple of good Jap/Chinese titles for that market they *could* surpass some steam numbers quite easily. But that still begs the question of how they will try to conquer the Western market.

Just my 2c on this.
 
czc said:
Tencent owns League of Legends, apparently the 'biggest' game in the world.
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And also QQ Messanger and WheChat, the 3rd and 4th largest instant messaging services in the world. And they have a 40% share in Epic Games and 25% share in Activision Blizzard. Yeah they are already by far the biggest player in the gaming world.
 
DieGrootHammer said:
And also QQ Messanger and WheChat, the 3rd and 4th largest instant messaging services in the world. And they have a 40% share in Epic Games and 25% share in Activision Blizzard. Yeah they are already by far the biggest player in the gaming world.
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Could they not pressure those companies to pull an EA, and make future releases of their games only released on their platform? Also if they were to convince Blizzard to release games on their platform would be pretty big.
 
HavocXphere said:
Understatement of the century. Naspers is killing it with that investment. Not sure they're even bothering to do anything else really...


Bit late to the party I reckon
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Apparently, via their investment in Tencent, they have a 1.5% stake in Tesla too. So yeah, big score with the Tencent investment for them.
 
HavocXphere said:
Understatement of the century. Naspers is killing it with that investment. Not sure they're even bothering to do anything else really...
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Lol, I've got a friend working at one of the dozens of Naspers companies and according to him Tencent is the only thing that keeps them going at this point. Everything else is either struggling, or failing or being kept on lifesupport by the sheer amount of funds Tencent allows them to throw at it. When I hear some of the stories of how that company is run I wonder how they even made it to 2017.
 
Graal said:
Lol, I've got a friend working at one of the dozens of Naspers companies and according to him Tencent is the only thing that keeps them going at this point. Everything else is either struggling, or failing or being kept on lifesupport by the sheer amount of funds Tencent allows them to throw at it. When I hear some of the stories of how that company is run I wonder how they even made it to 2017.
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In that case I hope he has a plan B. That sounds ripe for management consultants to roll in and restructure. Source: Am mgmt consultant.
 
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