Top 5 Most Valuable Esports Companies

3. Tencent Holdings Ltd. (HKG:0700)

Annual Revenue from Gaming Business: $23.34 billion

Tencent Holdings Ltd. (HKG:0700) is a Chinese multinational technology and entertainment conglomerate that has published some of the world’s most popular video games and invests heavily in esports platforms and competitions. It is one of the world’s most popular and successful companies in the gaming industry. Tencent Holdings Ltd. (HKG:0700) reported an annual revenue of $23.34 billion from its games business in the company’s annual report 2022.