Gaming Archives - Page 8 of 16

China’s Game Industry Faces Massive Layoff Risk

Well-known game developers, including NetEase, Lilith Games, and IGG, have either curtailed development of in-house game projects or have laid off staff.

Audit Department Denies Not Issuing Game Registration Numbers

News emerged that the stop of issuing new game registration numbers is the major negative factor in the game industry.

Hero Entertainment Announces Name Change to “Hero Games”

Chinese game developer and distributor Hero Entertainment on Monday announced an official name change, carrying out a new brand launch as "Hero Games."

ByteDance Denies Developing Game Similar to Genshin Impact

Nuverse, a company owned by Beijing-based technology giant ByteDance, is planning to develop a 3D open world game similar to Genshin Impact.

Sensor Tower: 34 Chinese Mobile Game Makers Squeeze in Top 100 with Largest Revenue

According to a report released by Sensor Tower on Wednesday, in January, a total of 34 Chinese mobile game manufacturers were shortlisted on the Top 100 revenue list (only the revenue from App Store and Google Play).

Chinese E-Sports Firm VSPN Set for Hong Kong IPO, Tencent Holds 13.54% Stake

Chinese e-sports firm VSPN has filed a prospectus with the Hong Kong Stock Exchange on January 31 for listing on its Main Board, with Bank of America, CICC and Credit Suisse acting as joint sponsors.

Mobile Game Giant Perfect World Sees Sharp Decrease in Annual Net Profit, Stock Plummets

Perfect World, a leading mobile game company in China, announced a significant decrease in its net profits in 2021.

Tencent Reaches Deal with Olympic Council of Asia and Asian Electronic Sports Federation

On Thursday, Tencent reached a strategic partnership with the Olympic Council of Asia and the Asian Electronic Sports Federation to jointly promote the development of e-sports.

Chinese Digital Audio Platform Ximalaya Launches Audio Drama Based on League of Legends

On Tuesday, Chinese digital audio platform Ximalaya launched an authorized audio drama based on the novel named League of Legends: My Time, which itself is based on Tencent's popular mobile game League of Legends.

Self-Developed NetEase Mobile Game Is Shut Down

On Wednesday, Chinese internet technology firm NetEase officially announced that its “Unknown Future” game will officially stop operating at 15:00 on March 14, 2022 with compensation arrangements to be provided.

Tencent Pioneer Cloud Game Upgraded: No Download, No Extra Memory

On Tuesday, Tencent Pioneer Cloud Game officially announced that the brand was upgraded to "Tencent Pioneer". Users can play games without downloading or saving extra storage space.

Huya Acquires Exclusive Five-Year Broadcasting Rights for League of Legends Pro League

With the start of the 2022 LoL Pro League (LPL) Spring Split just around the corner, Huya officially announced on Monday that it has successfully acquired the exclusive broadcasting rights of the LPL for five years.

Riot Games Unveils Wild Rift E-Sports Roadmap for 2022

Riot Games announced on January 7 the first official global competition entitled "Wild Rift Icons Global Championship," set to take place this summer in Europe.

Tencent’s Honor of Kings Sees New Credit Score Restrictions

According to an announcement on Thursday by Tencent Games Credit, the company's official WeChat account, "the Honor of Kings" officially instantiated a credit threshold on the platform.

Sensor Tower: 34 Chinese Companies Among Top 100 Revenue-Generating Mobile Game Publishers

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.

411 Chinese Game Companies Sign Anti-Addiction Agreement

At present, 411 Chinese game companies in Beijing, Shanghai and Guangdong have signed the Convention on Anti-addiction and Self-discipline of the Online Game Industry issued in September.

League of Legends Developer Riot Games Agrees to Pay $100 Million Settlement in Gender Discrimination Lawsuit

Tencent-owned Riot Games announced on Monday that it is settling a 2018 gender-based discrimination class-action lawsuit with California state agencies and current and former female employees for $100 million.

Remedy Entertainment Signs Agreement with Tencent for New Multiplayer Game Codenamed Vanguard

On Tuesday, Remedy Entertainment announced that it had signed a deal with Tencent to help develop, license and distribute a new co-operative multiplayer game codenamed Vanguard.

Netease Mobile Game to Add Tencent’s Domestic Animation IP

NetEase's mobile game "Dream Chaser: The Showbiz" announced on Tuesday that it would be listed on December 24th.

Eight Mobile Games Surpass $1 Billion in Global Player Spending in 2021

According to a survey report from mobile app data analysis firm Sensor Tower, as of December 16, eight mobile games worldwide have generated more than $1 billion globally from the app store and Google Play so far in 2021.

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