It was recently found that Locojoy, who owns the “I am MT” game series, was newly acquired by Tencent. From business registry tracking company Qichacha, Tencent has become the only shareholder of Locojoy after Jan 5th, 2022.
Locojoy is known for its mobile game “I am MT Online.” The game was based on the World of Warcraft fan-made cartoon “I am MT,” which was popular among young people at that time. “I am MT Online” soon reached a monthly turnover of 10 million CNY in 2013 and was considered one of the first “Chinese digital collectible card battle mobile games” by many. In 2021, the “I am MT” game series had four sequel titles, and the series’ total turnover exceeded 5 billion CNY.
The fifth title is scheduled for 2022, and the developer says they are making the game in Unreal 4 Engine.
Tencent is the publisher for several Locojoy’s games, and some people believe Locojoy can achieve more with the strong backing a company like Tencent can provide.