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
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
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
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
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
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
Mobile Gaming Is Changing The Industry, Earning More Than Consoles And PCs Combined
A new market report from global gaming analytics firm NewZoo shows that mobile gaming is turning the entire industry onContinue Reading
Wordle-Like Games Are Becoming Increasingly Popular On Chinese Social Media
The New York Times’ purchase of Wordle was proof that crossword-style games had gained some serious traction. Chinese online usersContinue 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
Chinese Government Rejecting Trademark Requests For Metaverse-Related Terms
The Chinese government has been rejecting trademark applications for various metaverse-related terms. According to the trademark tracking firm Tianyancha, multipleContinue 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
Shanghai Ranks As Top Esports City In Asia, Second In The World
The Shanghai Jiao Tong University released a study that ranks Shanghai as the number one city in Asia for esportsContinue 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
2021 Was China’s Slowest Year For Revenue Growth Since 2018
The Chinese video game market has taken a hit this year following the introduction of regulations throughout the country. AccordingContinue Reading
Chinese Esports Market Will Be Worth Over $27B This Year
The Beijing International College Student Esports Festival was recently held from December 17th to the 19th. During this event, anContinue Reading
Weekly News #175: TikTok Streaming, Cyberpunk Lawsuit, 100 Thieves Unprofitable, China Slowing, PlayVS Failure, Ex-Riot Tabletop Game, $3.5B Rec Room, Witcher x Secretlab
In the latest weekly news and podcast after-show (sponsored by YouGov), we discuss TikTok developing a live-streaming desktop application, CD ProjektContinue Reading
Report: China Banning Games That Promote LGBTQ+ Characters And Lifestyles
According to a recently leaked document, China is reportedly planning on banning video games that “don’t promote ‘correct values’ andContinue Reading
“PUBG” Esports “May Be Done In China” Due To Government Pressure
China’s crackdown on gaming continues as reports come in that PUBG has been removed from China’s top three streaming platforms.Continue Reading
Reports: China Will Begin Issuing Online Video Game Licenses Again
According to 21st Century Business Herald, the country is expected to begin once again issuing online video game licenses inContinue 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
The Chinese Mobile Gaming Market Continued To Grow In October
For years, the Chinese mobile gaming market has dominated the video game industry. October was no different. According to aContinue Reading
Tencent Posts Q3 Financial Results, Acquires Wake Up Interactive, Removes Fish Shooting Games From App Stores
Tencent Holdings Ltd. recently posted the company’s financial results for the third quarter of 2021. The organization reported Q3 2021Continue Reading