League of Legends: The reasons why Tencent cooperated with Riot Games to cooperate with LOL Mobile development

Riot Games already has contradictions with Tencent about the cooperation to release Mobile League of Legends, and Tencent has been bluntly rejected by Riot. After that, Tencent developed his own Mobile game similar to King of Glory and released on November 26, 2015, belongs to the MOBA genre which has achieved tremendous revenue, becoming the most successful Mobile MOBA game. in China. Even the Chinese government has intervened several times to avoid the impact on young people.

After that, Tencent continued to create an international version of King of Glory as Arena of Valor to dominate the foreign market. Although very developed in some areas, Arena of Valor is still considered a failure for analysts when not thriving in the Western market. Social influence, the number of players is getting worse, the difference between North America, South America and Europe with Taiwan and Southeast Asian countries is too big. Therefore, 5v5 MOBA mobile game project based on LOL is needed to be deployed.

According to Reuters, announcing that Tencent cooperated with Riot Games to develop the Mobile version of LOL, information was taken from three reliable sources of Reuters. A source said, Tencent and Riot have been making mobile versions for over a year, but it is unlikely to be released in 2019. The sources refused to reveal details about this project for security reasons. Representatives of Tencent and Riot refused to respond to the project.

Western analysts believe that while League of Legends earned $ 1.4 billion in 2018, it fell 21% in revenue, so Tencent also needs another project to increase revenue. According to statistics, mobile games accounted for 57% of video game revenue in China and 36% in the US in 2018, so Tencent plans to develop LOL Mobile version is not too surprising.

Mobile version will also allow Tencent and Riot to organize more tournaments. They formed a joint venture called Tengjing Sports in January to run e-sports tournaments and market products related to League of Legends. Tencent bought most of Riot’s shares in 2011 and made it fully owned by 2015.

The high possibility is that this project will have to be completed until the next year, but for the League of Legends community, this is still a good news because they can experience League of Legends under a different version. , a version that could far exceed the King of Glory / Arena of Valor or the prevailing MOBA games.