Tencent's League of Legends is top F2P game for 2016 at $1.7 billion | PVPLive

Martian

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The world's most popular free-to-play (F2P) game is League of Legends. It is an online multiplayer game that pits a 5-person team against another 5-person team. The League of Legends Worlds prize pool was a staggering $5.07 million. (Source: 2016 League of Legends Worlds prize pool at $5.07M with fan contributions | ESPN)

In the citation below from PVPLive, the chart shows League of Legends sold an incredible $1.7 billion (for Jan-Nov 2016) in microtransactions such as different digital clothes for a League of Legends hero.

League of Legends' revenue growth reflects its popularity as the world's most-played online game.

2014: almost $1 billion in revenue
2015: $1.6 billion
2016: $1.7 billion from Jan-Nov

The really interesting story about League of Legends is the purchase of Riot Games, the company that originally created League of Legends. In 2011, China's Tencent spent $400 million to buy 93% of the American company Riot Games. This was a high-risk high-reward investment. No one knew if League of Legends was a flash in the pan or whether its popularity would endure.

In 2015, China's Tencent bought the remaining 7% of Riot Games.

In conclusion, China's Tencent was very fortunate to have purchased Riot Games. Tencent became the owner of the world's most popular free-to-play game and it will be interesting to see if League of Legends will keep on growing. Its direct competitor is DOTA2, which had a meager $0.26 billion in sales for Jan-Nov 2016.

References:
Tencent Acquires Riot Games (and League of Legends) for $400M | PCMag
Tencent Acquires Full Control of U.S.-Based Riot Games | The Wall Street Journal
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League of Legends Tops the Free to Play Market for 2016 | PVPLive

 
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airtel

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why are you not posting about J-31 & it's First flight ?? :confused1::confused1::confused1:

china already has Many source of income .
 

Martian

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why are you not posting about J-31 & it's First flight ?? :confused1::confused1::confused1:

china already has Many source of income .
Military developments take years.

For example, I will post about China's Type 055 advanced destroyer when it's completed next year.

Also, we are waiting for a first-look at China's Type 095 third-generation nuclear attack submarine and the Type 096 ballistic missile submarine.

There is also China's JL-3 long-range SLBM that has been in development for years.

Additionally, China's WS-15 second-generation turbofan engine is expected to be unveiled between 2018-2020.

In the meantime, I write posts about interesting developments in China's civilian economy and technology. Thus, I create threads about League of Legends and civilian nuclear reactors. It's a nice change of pace and a good way to pass the time until the next significant Chinese military milestone.
 

OrangeFlorian

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