Tencent's new game DnF Mobile brings in over $140M in 1st week - report
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 29 2024
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Source: SeekingAlpha
- Tencent's New Game Success: Tencent's new game Dungeon & Fighter Mobile is expected to have made over $140M in player spending within its first week of release in China.
- Impressive Revenue: The game generated $63M on Apple's App Store in China alone, with an estimated total of over $140M across all mobile platforms.
- Game Popularity and Impact: DnF Mobile, based on Nexon's game franchise, has pushed Tencent's other games down from the top spots, making it one of the most profitable games in China last week.
- Future Sales Potential: Analysts estimate that DnF Mobile could lead to over $1B in sales for Tencent this year if its popularity continues.
- Upcoming Launches: Tencent plans to launch more games, including the highly anticipated Black Myth: Wukong console title, following the success of DnF Mobile.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
