Honor of Kings Beats PUBG Mobile as World’s Highest-Earning Mobile Game in March

Honor of Kings, a multiplayer role-playing battle game developed by Tencent, outplayed PUBG Mobile as the world’s highest-earning mobile game in March, helped by its huge popularity in its home market of China.

Last month, Honor of Kings pocketed $257.5 million in revenue, representing a year-on-year increase of 63%, according to research firm SensorTower.

The Chinese mainland accounted for 96.3% of Honor of Kings’ total revenue for the month, followed by Thailand with 1.6% and Taiwan with 1.2%, SensorTower said.

PUBG Mobile, a battle royale mobile game developed by Tencent’s Lightspeed & Quantum Studio, took the second spot in March with revenue of $240.5 million, about 59.7% of which came from China, where the game is known as Game for Peace, followed by the U.S. with 9.8%.

In 2020, Tencent’s total online game revenue reached $24 billion, nearly 40% of which was contributed by the company’s Timi Studio, which is responsible for developing Honor of Kings and Call of Duty Mobile. About 29% came from Lightspeed & Quantum Studio, according to Reuters.

Contact reporter Ding Yi (yiding@caixin.com)

Related: Call of Duty Mobile Developer Outplays Games Publisher as Timi Studio Earns More Than Activision Blizzard

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