The Honor of Kings studio is the world’s biggest developer, Reuters reported
Share this article
Companies in this article
Call of Duty Mobile developer Timi Studios reportedly generated $10 billion in revenue in 2020.
That’s according to Reuters, who talked to people with “direct knowledge” of the matter. That would make Timi Studios, which is owned by Tencent, the world’s biggest developer, the publication added.
Tencent published its annual results a few weeks ago, with online games revenue representing RMB 156.1 billion ($23.8 billion) in 2020. Reuters’ sources indicated that Timi’s proceeds “accounted for 40% of the game revenue.”
Timi was created in 2008 — initially