Massive Layoffs At Tencent Continue, Spilling Over To Gaming And Fintech Departments
Tencent’s underwhelming first quarter (down 23% on the previous year) has led to another massive round of layoffs in theContinue Reading
Tag: China
SportsHero Partners With Wuhan Esports Association, Launches Esports Prediction Platform On WeChat
SportsHero recently launched its esports prediction platform on WeChat China while simultaneously announcing a partnership, or Memorandum of Cooperation, withContinue Reading
Biofrost Comes Out As Gay, Criticizes Esports Industry For Lack Of Inclusion
Chinese-Canadian League of Legends player Vincent “Biofrost” Wang recently came out as gay and had some harsh words for the esports industry.Continue Reading
HyperLive Entertainment Partnering With Nova Esports
On May 16th, HyperLive Entertainment announced it had signed a strategic partnership deal with Nova Esports. This agreement will seeContinue Reading
Chinese Gaming Market Continuing To Grow Despite Government Restrictions
Even though the Chinese government has enacted strict limitations on gaming, the country’s video game market does not seem toContinue Reading
Tencent Ends Talks To Purchase Black Shark After Failing To Get Government Approval
Tencent has withdrawn its bid for gaming smartphone company Black Shark after failing to get approval from government authorities. TalksContinue Reading
China Levies New Restrictions On Children And Teenagers Live Streaming And Tipping
China’s latest move to restrict youth videogame exposure, or “spiritual opium,” involves imposing new restrictions on live streaming platforms. China’sContinue Reading
Apex Legends & PUBG Mobile Reach Important Milestones
Apex Legends has become one of the most successful games in the world. During EA’s recent quarterly financial earnings call,Continue Reading
2022 Asian Games In Hangzhou Postponed
We are going to have to wait until 2023 for the newest edition of the Asian Games. The Hangzhou AsianContinue Reading
Experts Say Mobile Gaming Will Exceed $100B In 2022
Research company Newzoo reports that the mobile gaming industry is on pace to surpass $100 billion in revenue this year.Continue Reading
NetEase Launches Its First Gaming Studio In The US
China-based NetEase has launched its first fully-owned gaming studio in the US, called Jackalope Games. The studio is based inContinue Reading
Gaming Market To Grow By More Than $125B Between 2020 and 2025
Technavio just released its gaming market industry report providing an analysis of the sector between 2020 and 2025. Based onContinue Reading
Huya Gives Status Update Regarding Holding Foreign Companies Accountable Act
Chinese live streaming platform Huya Inc. recently provided an update on its status under the Holding Foreign Companies Accountable ActContinue Reading
ByteDance Looks To Increase Metaverse Content
What Meta, the parent company of Facebook, is trying to do to dominate the future virtual world called the metaverseContinue Reading
Global Mobile Gaming Market Will Be Valued At $151B In 2026
On April 20th, Research and Markets unveiled a new report that provided an analysis of the global mobile gaming market.Continue Reading
League Of Legends Pro League To Compete Remotely At The Mid-Season Invitational 2022
Riot Games recently announced that the League of Legends Pro League (LPL) spring winners will compete in the 2022 Mid-Season Invitational (MSI) remotely asContinue Reading
19th Asian Games At Risk Of Postponement
Based on an April 21st report from Barrons, the 2022 Asia Games could potentially be postponed to 2023. This wouldContinue Reading
Game Engine Cocos Raises $50M
The video game engine maker Cocos Technology recently announced it closed a $50 million Series B funding round. Contributions toContinue Reading
French President Emmanuel Macron Wants Esports To Be Part Of 2024 Olympics
In a recent interview with technology outlet The Big Whale, French President Emmanuel Macron expressed his desire to make esportsContinue Reading
Huya Shutting Down Nimo TV Streaming Platform
According to Esports Insider, Huya’s streaming platform, Nimo TV, will be shutting down the organization’s global operations in 14 countries.Continue Reading
Tencent Shutting Down Service That Provides Chinese Gamers With Access to Foreign Games
On April 13th, Tencent announced it would be shutting down services that provide Chinese gamers with access to international platforms,Continue Reading
China Bans Livestreaming Of Unauthorized Titles
China recently announced that the live streaming of unauthorized video games had been banned, signaling stricter enforcement of rules asContinue Reading
Loco Will Continue To Stream NBA 2K League Matches In India
The Indian live streaming platform Loco recently announced it had retained the media rights to stream the NBA 2K LeagueContinue Reading
Global Gaming Accessories Market Will Be Worth At Least $15B By 2026
On April 18th, a new study was revealed by Research and Markets that provided insight into the global gaming accessoriesContinue Reading
Hong Kong Pro Driver Dan Wells To Oversee Lamborghini’s Debut Esports Team
Hong Kong pro driver Dan Wells has been named team principal of the first-ever Automobili Lamborghini Esports Team, overseeing oneContinue Reading
Talisman Named Agency Partner Of ONE Championship
On April 19th, ONE Championship, Asia’s largest global sports media platform, announced it has named Talisman as its agency partnerContinue Reading
Japan Opens Country’s Biggest Esports Park
Japan’s largest esports park opened in Tokyo this month with hopes of boosting the country’s competitive gaming space. Japanese gamersContinue Reading
Global Esports Federation Reveals Dates For Global Esports Games In Istanbul, Turkey
The Global Esports Federation has confirmed that the second edition of the Global Esports Games in Istanbul, Turkey is dueContinue Reading