
Honor of Kings Will Reopen Douyin Live Streaming, Tencent and ByteDance Break the Wall
According to the official Weibo account of Honor of Kings, starting from January 21st, the Honor of Kings Douyin live streaming will be fully open.
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According to the official Weibo account of Honor of Kings, starting from January 21st, the Honor of Kings Douyin live streaming will be fully open.
As for the collapse of the popular game, some netizens speculated that it was related to the fact that regulatory authorities have recently restricted the time minors are allowed to play online games.
Game licenses issued by China's top game regulator tanked in Q1 2020, with only 336 games acquiring the approval to monetize in mainland China.
ByteDance is re-entering the gaming industry, with Zhang Yunfan appointed as the head of ByteDance's gaming business.
Last week, Chinese esports organization Royal Never Give Up (RNG) crushed their opponent, South Korean team DWG KIA, in a best-of-five game to win the championship in the League of Legends Mid-Season Invitational (MSI).
ByteDance is seeking to sell its subsidiary gaming company, Moonton Technology, for a price not less than $5 billion, and has hired Goldman Sachs as a financial advisor to assist in finding and contacting potential buyers.
Recently, Gamma Data (CNG), a Chinese research institute specializing in investigation and analysis of the gaming industry, released “2019 Third Quarter Report of China Gaming Industry”.
Mobile application and gaming market research platform Sensor Tower released the revenue ranking today for Chinese mobile game publishers in the global app store and Google Play during February 2022.
Chinese augmented reality technology company Rokid provided AR glasses for limited seating at the 2020 League of Legends World Championship tournaments.
A defamation case brought about by Shanghai-based game developer Moonton Technology against Tencent has recently reached a conclusion. Tencent was ordered to compensate Moonton for losses and expenses totaling 220,000 yuan ($30,800).
According to the global revenue list of Chinese mobile game publishers in December 2021 released by the Sensor Tower, a total of 34 Chinese manufacturers made the Top 100 global mobile game publishers' revenue list.
On Tuesday, many Tencent eGame anchors posted their farewell messages on Chinese social media Weibo.