Tag: Tencent

PUBG Mobile becomes the world’s top grossing mobile game

Amanda Giasson
Top Grossing Mobile Game - PUBG Mobile - Revenue

PUBG Mobile is not only the most popular smartphone game, it’s also mobile’s biggest money-maker. Having collected over $146 million in revenue in May, PUBG (PlayerUnknown’s Battlegrounds) Mobile is now the top grossing mobile game worldwide. This likely isn’t a surprise to some, as the mobile-version of this online multiplayer battle royal game has more than 100 million monthly players, easily making it the most popular game among mobile users. “Game For Peace” is also a huge contributor to the revenue. While $76 million in revenue is from items and…

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PUBG mobile replaced in China with a government-approved patriotic game

Amanda Giasson
PUBG Mobile - Woman with mobile phone

Tencent shut down its test version of PUBG in China and replaced it with a more patriotic game. Tencent Holdings Ltd. pulled the PUBG mobile video game on Wednesday, announcing the end of the testing for the game. The company said it had launched an anti-terrorism-themed game called “Game for Peace,” instead. Unlike PUBG, Tencent managed to gain monetization approval for Game for Peace. Player Unknown’s Battlegrounds, or PUBG for short, is an extremely popular battle royale shooter game. When it was first introduced on mobile to the Chinese market…

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Tencent QR code payment service users exceeds 50 million

L. Green
Tencent QR Code - Public Transport in China

More than 50 million users across 100 cities in China now use the QR code payments for public transportation. Tencent’s QR code payment service that it launched for public transportation “sao yi sao”, back in 2017, recently exceeded 50 million users across 100 cities, according to local media in China, reported TechNode. Tencent has placed a special focus on public transportation. Since 2017, the massive China-based internet company has set its sights on integrating its technologies into public transportation, among these technologies included Tencent QR code payments. It has also…

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Chinese mobile payments taking off as country moves toward cashlessness

Sam Lambert
Chinese mobile payments

A growing number of cities throughout the nation are accepting smartphone transactions for public transit. Chinese mobile payments are becoming increasingly valuable as residents, merchants and services adopt its use on a rising basis. During the quarter running from July through September 2017, their value tripled. Alipay and WeChat Pay use has been spreading like wildfire throughout Chinese cities. Consumers are using these Chinese mobile payments apps to pay for products, services, tickets and even high yield financial products. During that same quarter, the transactions in the country totaled an…

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Mobile payments popularity will be greater than credit cards in two years

Jennifer Goula
Starbucks mobile payments popularity

A new U.N. report underscored the skyrocketing growth of PayPal, Alipay and other blockchain based transaction systems. A United Nations report indicates that by 2019 mobile payments popularity will “overtake credit cards” in terms of online shopping use. The report pointed to blockchain using systems as primary drivers for the popularity of mobile transactions. The United Nations body released a report saying that digital currency systems of payment will see greater use in e-commerce than debit and credit cards by 2019. The mobile payments popularity report was released by a…

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