Tencent Installs An All-Seeing-Eye In Its Esports Hotel
Tencent has partnered with Ouyu Technology to create an esports hotel located in Hangzhou, China, which is set to openContinue Reading
Tag: tencent holdings
For The First Time Ever, Tencent Had A Down Quarter
Tencent recently announced its Q2 2022 financial results. For the first time ever, the organization saw quarterly revenues decline year-over-year.Continue Reading
Weekly News Show #264: WoW Mobile Cancelled, Tencent Ubisoft, Gaming Prom, Shroud Valorant Viewership Record, Applovin Unity Offer, VR Gaming Growth, Creepy Esports Hotel, Fish Tank PC Case
In the latest weekly news and podcast after-show (sponsored by YouGov), we discuss Blizzard and NetEase canceling a World of Warcraft mobileContinue Reading
Tencent Climbs To The Top Of The Gaming Market
Things are looking good for Tencent Holdings, who has quietly overtaken Sony and Microsoft at the top of the gamingContinue Reading
Tencent Thinks China Needs Millions More In Esports Talent
Hou Miao is the deputy general manager of Tencent Interactive Entertainment Group’s marketing department. So, it’s noteworthy when a personContinue Reading
This Recently Released Mobile Game Just Passed The $100M Mark
Despite intense criticism from fans, Diablo Immortal has been incredibly successful for Activision-Blizzard. According to Sensor Tower, the game hasContinue Reading
Weekly News Show #262: Diablo Immortal Profits, Microsoft Gaming Decline, Stadia Still Not Dead, Burberry Knockoff, Doc Game Demo, Gaming Talent Shortage, Indonesia Bans
In the latest weekly news and podcast after-show (sponsored by YouGov), we discuss Diablo Immortal making over $100 million, Microsoft seeing gamingContinue Reading
Magic Eden Launches Web3 Gaming Venture Arm
On July 12th, Magic Eden announced it was launching a new venture arm called Magic Ventures. This entity will beContinue Reading
More Clarity Coming To China’s NFT Market
It sounds like more clarity will be coming to the Chinese non-fungible token market. This comes after The China CulturalContinue Reading
Tencent Wants To Accentuate Social Value Of Gaming In Appeal To Chinese Regulators
Tencent Holdings wants Chinese regulators to know that there’s more to gaming than what meets the eye. The company isContinue Reading
Beta Testing Begins For League Of Legends Simulation Game
The management mobile game League of Legends Esports Manager recently began open beta testing in mainland China this month. ThisContinue Reading
Gaming Push Already Paying Off For TikTok’s Parent Company
ByteDance, the parent company of TikTok, recently announced that it generated over $1 billion in player spending across all mobileContinue Reading
What Company Received A $1B Investment From Saudi Arabia?
Saudi Arabia is once again making a massive investment in the video game industry. The Saudi Arabian Public Investment FundContinue Reading
Big Titles Are Coming To Xbox Game Pass
Tencent and NetEase are partnering with Microsoft’s gaming department to bring some big titles to Xbox Game Pass. The twoContinue Reading
Tencent Opening Another Data Center In Japan
Tencent Holdings is bringing yet another data center to Japan, bringing the total to three for the country where itsContinue Reading
China Awards More Publishing Licenses To Online Games
On June 7th, Chinese regulators granted publishing licenses to 60 online video games, the largest mass approval for titles inContinue Reading
Should Apple Be Considered A Gaming Giant?
According to a recent report from Newzoo, Apple had the third-highest gaming revenues in the world, beating out other companiesContinue Reading
Sony Is Gaming’s Second Biggest Money Maker, But Will That Change Soon?
Sony netted $18.2 billion in revenue for the previous fiscal year, which put it behind only Tencent ($32.2 billion) inContinue Reading
Report: Top Ten Gaming Companies Generated $126B In Revenues Over The Last Year
Newzoo recently released a report focused on the growth and revenues of the world’s major gaming companies. Based on thisContinue 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
Tencent Announces Gamer.LK As Official Marketing Agency For 2022 PUBG Pro League
Tencent recently named InGame Esports & Gamer.LK as its marketing agency for the 2022 PUBG Mobile Pro League South AsiaContinue Reading
Warner Reportedly Interested In Selling Game Studios
According to a recent report, Warner Bros. Discovery is planning on selling some of its gaming studios and intellectual propertiesContinue 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
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
Electronic Gaming Development Company Purchases 96.18% Stake In SNK
According to a recent transaction report, Electronic Gaming Development Company (EGDC) now holds a 96.18% stake in the gaming companyContinue 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
LGD Gaming’s Chen “Jay” Bo Indefinitely Banned From League Of Legends Competitions For Match-Fixing
LGD Gaming’s Chen “Jay” Bo has been banned from participating in all Tencent League of Legends Pro League (LPL) competitions.Continue Reading