Industry News April 20 China approves 86 more games, including Honor of Kings rival Mobile Legends: Bang Bang Chinese authorities have issued a new batch of video game publishing licenses. This time, the list only covers products made by domestic companies.
Industry News May 19, 2022 Report: TikTok to boost its gaming ambitions by starting tests in Vietnam ByteDance has plans to launch more mobile titles on TikTok. The Chinese tech giant will reportedly roll out gaming in Southeast Asia later this year.
Industry News August 18, 2021 Chinese government gets board seat at ByteDance, investors concerned over unprecedented move Beijing continues to find new ways to hold back and regulate Chinese tech companies. It’s been revealed that ByteDance now has a government-appointed director on the board. This news raised concerns among investors about the market’s potential.
Industry News June 3, 2021 TikTok owner ByteDance invests in Code: Odyssey dev Umi. Tencent opens LA office TikTok company ByteDance has acquired a 36.2% share in Umi Game. Tencent is opening a new office in Los Angeles which will be home to the company’s growing video games business.
Industry News April 12, 2021 Chinese studio Ohayoo has published over 150 titles in 2 years, strengthening ByteDance’s position in mobile Ohayoo is a gaming division of ByteDance, which also owns TikTok. The studio, focused on casual and hypercasual titles, has already published over 150 mobile titles with 500 million downloads since 2019.
Industry News March 22, 2021 TikTok owner ByteDance buys Mobile Legends creators at $4 billion valuation ByteDance is now expanding its game development division. The Chinese tech giant has just acquired mobile studio Moonton, developers of popular MOBA Mobile Legends, for an undisclosed sum.
Industry News January 12, 2021 Tencent challenged by startups like Genshin Impact devs miHoYo Tencent Holdings is the world’s top video games company by revenue, and it’s not about to change any time soon.
Industry News December 5, 2020 US government to allow negotiations between TikTok and US officials to continue Looks like TikTok can stay in the U.S. after all.
Industry News September 16, 2020 ByteDance to hire 1,000 students to work on games ByteDance, primarily known for social networks TikTok, Douyin, and Helo, continues to step up its gaming capabilities. The company listed nearly 1,000 new gaming jobs in the coming year.
Industry News July 8, 2020 Bloomberg: Ban on TikTok possible in U.S. President Donald Trump said his administration is considering banning TikTok in the U.S. This is in response to the way China handled the coronavirus, according to Bloomberg.
Industry News February 20, 2020 ByteDance-owned studio releases coronavirus-themed game In China, the publicity department of Haidian District Committee has partnered with the Communist Party’s official newspaper People’s Daily and casual games developer Ohayoo, which is owned by ByteDance.
Industry News February 19, 2020 ByteDance steps up its game in gaming with personnel changes and plans to take on Honor of Kings TikTok developer is gearing up to seriously expand into the gaming market. Big releases, diversification and competition with Tencent are imminent. ByteDance is going to appoint an executive who will solely focus on running its gaming business.
Industry News February 7, 2020 TikTok Developer expands to mobile games In China, ByteDance, the company behind TikTok, published three games that immediately entered the country’s top five mobile titles by downloads, one of them taking the top spot.
Industry News January 13, 2020 ByteDance acquires LevelupAI ByteDance, which owns TikTok, has purchased AI developer LevelupAI. The developer is based in Beijing. No information is available on the price.
