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- Tencent acquired a 15.75% stake in Arrowhead Studios for $80 million.
- Arrowhead Studios is currently worth $532 million.
- Helldivers 2 generated $100 million in revenue in 2024, with profits accounting for $76 million.
In 2024, Arrowhead Studios’ Helldivers 2 proved that video games don’t need to have an enormous budget to be successful. Based on a live-service model, Helldivers 2 promoted a social experience and wasn’t focused mainly on microtransactions.
This resulted in the game selling 12 million copies just within 12 weeks’ time. Following this success, Chinese gaming giant Tencent invested $80 million in developer Arrowhead Studios, owning 15.75% of the studio’s total shares.
Why it matters: It only took Helldivers 2 to transform Arrowhead Studios into such a big company. The studio’s future is bright, with major companies willing to invest in it.
This report comes from the Swedish media outlet Dagens Industri, which reports that Tencent bought this share in July of last year. Moreover, Arrowhead Studios is now worth $532 million.
Furthermore, Helldivers 2 also generated $100 million in revenue in 2024, with operating profits totalling $76 million.
Regarding Tencent now being a stakeholder in Arrowhead Studios, the former CEO had the following comment to say.
Gaining access to the Chinese player base is the holy grail in the gaming industry
Tencent has been experiencing significant growth with its recent investments. The Chinese gaming giant has also secured a new subsidiary with Ubisoft, which will focus on the French publisher’s major IPs, including Assassin’s Creed, Far Cry, and others.
Arrowhead Studio’s future looks bright from here, thanks to the success of Helldivers 2 and a backup from one of the biggest holding companies. They’ve officially started working on their next project, which they will self-publish after the earnings generated from Helldivers 2.
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[News Reporter]
Shaheer is currently pursuing a Business degree while also working as a part-time Content Writer. With his deep passion for both writing and video games, he has seamlessly transitioned into a role as a Journalist. Over the past two years, Shaheer has contributed as a freelancer to various websites and landed positions on acclaimed platforms like Gamerant. Currently, his role at Tech4gamers is as a Features Writer, but he also covers News occasionally. Shaheer’s favorite gaming franchises are Assassin’s Creed and the God of War series.
Get In Touch: shaheer@tech4gamers.com
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