All the sessions from Transform 2021 are available on-demand now. Watch now.
The mobile battle royale game Free Fire has hit a record peak 80 million daily active users, publisher Garena said today. The Singapore-based Garena, the gaming division of internet company Sea, announced the numbers as part of its earnings report, and it’s another sign that games are growing stronger during the pandemic. The previous record in March was 60 million daily active users (the number of users that log in during a day).
Overall, Garena’s adjusted revenue for digital entertainment during the first quarter ended March 31 was $512.4 million, up 30.3% year-on-year from $393.3 million. Adjusted earnings before income tax, depreciation, and amortization (a measure of profitability) was $298.4 million, compared to $225.8 million a year earlier. Sea had revenues of $913.9 million in the quarter.
Free Fire was ranked third globally by downloads for Google Play in the mobile games category in the first quarter of 2020, according to App Annie. Free Fire ranks high among other popular battle royale games like Call of Duty: Warzone, PlayerUnknown’s Battlegrounds, and Fortnite. But Free Fire focuses on mobile, and it has 50 players battling at once in a winner-take-all competition (many others have 100 players facing off against one another).
Local celebrity marketing
During the quarter, Garena added new content, such as its Kalahari map and a ranked mode for the popular Clash Squads game mode. Garena chairperson Forrest Li said in the earnings call that the company is localizing content for different markets around the world, including working with Indonesian actor Joe Taslim and Brazilian music artist DJ Alok.
Three top investment pros open up about what it takes to get your video game funded.
In Colombia, two of that country’s best-known soccer players, James Rodriguez and David Ospina, each captained teams of Free Fire influencers in an online charity tournament that attracted over a million views. These local celebrity promotions, esports events, and localized updates are the way that Garena typically expands its audience, rather than standard marketing approaches.
Free Fire has done well as mobile-only title with a heavy emphasis on multiplayer competition, and it has been designed to run on a wide variety of mobile devices.
For the full quarter, Garena said Free Fire had 402.1 million quarterly active users, up 48% for year. It also had 35.7 million quarterly paying users (those that spent money during the quarter), up 72.5% from 20.7 million a year earlier. Free Fire was the highest-grossing mobile game in Latin America and Southeast Asia during the quarter, Garena said.
And in April, Free Fire hit a record high in monthly paying users, which more than doubled from the same month a year ago. In India, monthly paying users account for 10% of the total user base.
And in the first quarter, Garena organized more than double the number of esports tournaments online for Free Fire compared to the first quarter of 2019, with these tournaments accumulating over 90 million views. Overall, Sea’s business includes SeaMoney (payments), e-commerce, and digital entertainment.
GamesBeatGamesBeat's creed when covering the game industry is "where passion meets business." What does this mean? We want to tell you how the news matters to you -- not just as a decision-maker at a game studio, but also as a fan of games. Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it. How will you do that? Membership includes access to:
- Newsletters, such as DeanBeat
- The wonderful, educational, and fun speakers at our events
- Networking opportunities
- Special members-only interviews, chats, and "open office" events with GamesBeat staff
- Chatting with community members, GamesBeat staff, and other guests in our Discord
- And maybe even a fun prize or two
- Introductions to like-minded parties