Timi Studios, the game developer behind the massively popular mobile games Call of Duty Mobile and Honor of Kings, had a banner year in 2020. Sources told Reuters that Timi Studios made $10 billion in revenue last year, which makes it the "world's largest developer," according to the report.
It's not exactly clear what "largest" means here. Companies like Activision Blizzard--the owner of Call of Duty--make more money annually than that. But it seems Reuters is saying $10 billion in revenue for a single studio is what is the record. It also bears mentioning that the $10 billion comes from Timi Studios alone, not Tencent's other internal studios like Lightspeed & Quantum Studios, the team that makes the wildly popular PUBG Mobile.
In any case, Timi is looking to grow to become a company with even more global appear. The studio recently hired Scott Warner--a games industry veteran who worked on the Halo and Battlefield franchises--to head up its new Los Angeles studio.
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