Tencent TiMi Studios, maker of mobile game Honor of Kings (or Arena of Valor), launched in 2020
Reporters compare Tencent TiMi Studios' income to that of Activision (Call of Duty), Electronic Arts (FIFA),
Take-Two Interactive (GTA). The Chinese studio earned $ 10 billion in 2020. But Activision managed to generate income of $ 8 billion, Electronic Arts - $ 5.6 billion, Take-Two Interactive - $ 3.2 billion.
Tencent accounts for nearly half (43%) of total mobile gaming revenue. It's worth noting that the studio also owns a mobile version of Call of Duty.