Morgan Stanley Anticipates Tencent's DNF Mobile Launch to Drive Significant Revenue

Morgan Stanley's latest research report indicates that Tencent's collaboration with South Korean game company Nexon for the release of Dungeon & Fighter (DNF) mobile game is scheduled for May 21 in China.

This launch is considered one of Tencent's most significant title releases in recent years, and it is poised to serve as a major catalyst for the company's domestic game business in the second quarter of 2024. Analysts at Morgan Stanley project that the game could generate up to RMB 10 billion in total revenue in its first year.

The anticipated success of the DNF mobile launch underscores Tencent's continued strength and influence in the gaming industry, both domestically and internationally.