All publications by tag «China»
Chinese regulator refused to review Microsoft’s acquisition of Activision Blizzard under simplified procedure
China is one of the countries that should investigate the $68.7 billion deal between Microsoft and Activision Blizzard. The local regulator also wants to review the issues that other governments have with the acquisition.
Report: Chinese games market revenue to fall to $45 billion in 2022, first decline in 20 years
The Chinese video game market is expected to decline in 2022, according to the latest data by Niko Partners. There are many reasons for the downfall, including lower mobile spending and restrictive regulations.
Report: Roblox expected Tencent to clone its gaming platform for Chinese players
Roblox had to take several steps to comply with China’s censorship, a new portion of leaked internal documents has revealed. The company also expected Tencent to clone the game and make its own version for the local audience.
Tencent to not let Chinese minors play online games for more than 3 hours per week: “It’s better to breathe in some fresh air”
Tencent has dispelled rumors that it will allow Chinese underage gamers to play for more than three hours a week during the summer. The company will continue to follow the country’s strict rules, saying that kids should better go outside.
Report: Tencent employees facing mass layoffs as latest lockdowns affect Chinese tech giants’ earnings
Chinese tech companies have been conducting staff cuts, according to the latest reports. Tencent is one of the firms to lay off employees at several departments amid regulatory pressure and the impact of the latest lockdowns.
Niko Partners: China’s mobile and PC game market to reach over $55 billion in 2026
China’s video game market will surpass $55 billion by 2026, according to the latest Niko Partners report. Analysts expect mobile to still account for the vast majority of total revenue, with the number of domestic players reaching 730 million people.
Total time underage players spent in Tencent games reduced by 88% after implementing new restrictions
Tencent has shared the results of its efforts to create the so-called healthy gaming environment. The Chinese tech giant noted how the latest restrictions implemented last year helped reduce total time spent by minors in its titles.
Investors concerned that China’s government might split up Tencent into separate companies
Tencent has been facing a lot of restrictions from Chinese authorities during the last few years. In the wake of the ongoing tensions, investors are concerned that the government might want to break up the tech giant.