With Steam drawing in about 15 million players at any one time, Valve has a pretty huge chunk of the PC gaming market. It might be facing some competition, however, from an even bigger gaming titan.

Tencent launched its WeGame platform in September 2017, providing a Steam-like service to gamers in China. Now the company is working on bringing a version of the software to Hong Kong, which will be made available to users overseas, GamesIndustry reports. Valve already has plans to expand Steam into China, with the help of Perfect World Entertainment, and GI gives that as a reason for why Tencent might be making this move.

GI also notes that Tencent owns pieces of several major gaming companies, including Epic Games, Activision/Blizzard, and Riot Games, which it could leverage to boost WeGame’s footprint in the West. At the least, it’s very name should provide an easy sale price for deeply discounted games.

the author

Jason Winter is a veteran gaming journalist, he brings a wide range of experience to MMOBomb, including two years with Beckett Media where he served as the editor of the leading gaming magazine Massive Online Gamer. He has also written professionally for several gaming websites.

5 Readers Commented

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  1. Q on July 10, 2018

    What is it going to do that steam doesn’t? We already have a stupid amount of game distribution platforms (from publishers, origin, arc, blizzard, etc…) that do absolutely nothing more than steam already does, and far less generally. Don’t think discounted games is going to be enough to get most people to switch, they would have to sell them at a significantly lower price than steam and steam already does pretty big discounts on most games.

    • Derpina on July 11, 2018

      Steam is still most expensive out of all. I use direct to drive and every title is cheaper. Steam has occasional sales where you get outdated game bundles for a dollar. That’s nice. But it’s regular sales are expensive still.
      The rest are just gimmicks like friend chat etc.

      • Curst on July 12, 2018

        Direct to drive – Nioh (only has the EU version) – 49€.
        Steam – Nioh – 49€ for EU, 49$ for US, 15$ for RU, etc.

        Your point? -_-

        Steam doesn’t determine the prices, it doesn’t determine the discounts and sales either. They do have reasonable policies and mostly fair regional prices, though.

    • ninetenduh on July 11, 2018

      Steam isn’t doing any discounts anywhere, Steam is Simply the Platform, discounts are handled by the publishers and developer of said games. Valve compared to Tencent is like comparing an Ant (Valve) to an Elephant (Tencent). Tencent should just buy Valve and call it a day.

  2. Zimm on July 9, 2018

    Im sure they will handle your data with care.

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