Chinese tech giant Tencent’s quarterly profit jumps 82% as key gaming unit accelerates
Tencent beat second-quarter top and bottom line estimates as growth in its key gaming division accelerated. Source link
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Mobile gaming
TikTok owner ByteDance axes hundreds of jobs in gaming unit as it scales back ambition
Over the past few years, ByteDance has made an aggressive push into gaming in a bid to challenge other gaming
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China’s NetEase buys gaming studio involved in major titles including Halo Infinite and Minecraft
NetEase has ramped up its international expansion efforts in gaming over the last two years as China's domestic market has
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China’s $370 billion tech giant Tencent could post its first revenue decline on record
A Covid-induced slowdown in the Chinese economy and continued challenges in the domestic gaming market could prove strong headwinds for
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China remains the world’s largest e-sports market despite gaming crackdown
China remains the largest single-country market in the world with $403.1 million in e-sports revenue in 2021, Niko Partners said
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TikTok-owner ByteDance’s aggressive mobile gaming push is paying off as player spending grows
ByteDance has looked to aggressively expand into mobile gaming, an area that Tencent and NetEase have dominated in China. Source
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Gaming giant NetEase plunges nearly 7% after it delays release of Diablo Immortal in China
NetEase and Blizzard's move comes at a tough time for China's gaming sector which is only just emerging for a
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Tencent shuts down its rival to Amazon’s Twitch months after China blocked key $6 billion gaming merger
Tencent said it will shut down its video game streaming platform Penguin Esports, citing a change in business strategy. Source
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