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: chinese gaming regulations
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
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
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
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
Tencent Stock Experiences Massive Bump After China Ends Game Licensing Freeze
China has finally ended its gaming license freeze that first began last summer. On April 11th, Chinese gaming regulators grantedContinue Reading
Tencent Shutting Down Penguin Esports Streaming Platform
Tencent recently announced it would be shutting down its streaming platform, Penguin Esports, just months after Beijing regulators rejected aContinue Reading
Weekly News #218: Tencent Retreat, Boring Agencies, PlayVS Exposed, Epic $2B Flatline, Verstappen Esports, Overwatch Cash Grab, Wearable Speaker, Ultimate Gamer Bed
In the latest weekly news and podcast after-show (sponsored by YouGov), we discuss Tencent shutting down their Penguin streaming platform, LoadedContinue Reading
Chengdu: China’s Future Silicon Valley And Gaming Hub
Chengdu, the capital of Sichuan Province, has become a sanctuary for Chinese millenials and Gen Zers fleeing the social, psychological,Continue Reading
China Upgrades Its Internet Cafes For Esports Gaming Hotels
Despite China’s crackdown on the gaming industry, hotels designed to facilitate esports have emerged as a burgeoning industry in theContinue Reading
Shanghai Moving Forward With Development Of Esports Industry
China’s esports have developed fast in recent years. Their influence in the global esports industry has grown stronger as theContinue Reading
China’s Bilibili Says Violent Titles Cannot Be Live-Streamed
Chinese video platform Bilibili recently announced that it will ban live-streaming of more than 60 video games, including the GrandContinue Reading
14,000 Companies Go Out Of Business Due To China’s Freeze On Gaming Licenses
China’s freeze on granting video game licenses has extended into 2022. According to South China Morning Post, the National PressContinue Reading
Was The Global Version Of Steam Banned In China?
The global version of Steam has been under attack in China. According to a December 25th article from TheGamer, theContinue Reading
At Least 100 People Laid Off From Baidu’s Video Games Unit
According to sources close to the matter, the Chinese search engine Baidu recently announced plans to lay off at leastContinue Reading
Tencent Updates Progress Of Preventing Minors’ Addiction To Games
At the 2021 China Game Industry Annual Meeting this month, Tencent revealed for the first time its counter-measure and changesContinue Reading
China Launching ID Authentication System For Minor Gamers Nationwide
On September 27th, the Chinese government released a document that said it would be ramping up its efforts to preventContinue Reading