Peacekeeper Elite League (PUBG Mobile in China) will go into the third season, starting from September 25. The prize pool for the new season has also just been announced to be 21 million CNY, which is equivalent to around Rs. 22.75 crore. 

Peacekeeper Elite Season now has the highest prize pool ever.

This is the highest prize pool ever in the history of PUBG Mobile esports. The previous record was held by PUBG MOBILE CLUB OPEN 2020 FALL SPLIT last year with a prize pool of $500,000 (around Rs. 3.7 crore). 

With this massive prize pool, the PEL Season three will outshine the forthcoming PUBG Mobile Global Championship (PMGC), which also offers a very attractive prize pool of $2 million (around Rs. 14.7 crore). The PMGC tournament will start in late November. 

As for the PEL event, it will be held in China with the participation of 20 teams in Game for Peace or also known as Peacekeeper (Chinese version of PUBG Mobile in China). The event will begin from September 22 to October 25. 

The prize pool is pretty massive, but if you take into account how much money Tencent has gained from Game For Peace, you will find it reasonable. Game For Peace has brought more revenue to Tencent than PUBG Mobile has done in the global market, as per Sensor Tower’s report. The game has generated more than $1.9 billion in revenue in China alone, which is equal to around Rs. 14,039 crore. Leo Liao, the President of the Peace Elite League Union, announced that the company plans to boost the esports ecosystem of the game with an investment of $14.5 million (around Rs. 107.1).

The total prize pool of PUBG Mobile events in 2020 is over $5 million, according to Tencent's announcement last year. The total prize pool will be distributed for multiple events, including PMCO, PMWL, Pro Leagues, and PMGC. However, the tournaments for the Chinese version are not counted in this.