TCEHY - Better Buy: Nintendo vs. Tencent
Nintendo (OTC: NTDOY) and Tencent (OTC: TCEHY) are two of the world's largest video game companies. Nintendo has produced popular video game consoles for nearly four decades, and its first-party franchises -- including Mario , Zelda , and Metroid -- are recognized worldwide.
Tencent, one of China's top tech companies, became a gaming juggernaut by developing some of the country's top mobile games -- including Honor of Kings and Peacekeeper Elite -- gobbling up overseas studios like Riot Games and Supercell, and investing in publishers like Epic Games, Activision Blizzard , and Ubisoft . Tencent is also Nintendo's distributor of Switch consoles and games in China.
Nintendo generates nearly all of its revenue from its consoles and games, which makes it a pure play on the gaming market . Tencent generated less than a third of its revenue from its gaming business last quarter, and the rest comes from its advertising, social networking, fintech, and cloud businesses.
For further details see:
Better Buy: Nintendo vs. Tencent