Game Archives - Pandaily

Developer of Mini-Game “Sheep a Sheep” Claims Infringement by GameFi Version

Following the release of a digital mini-game called "Sheep a Sheep," which has recently gone viral in China, a new GameFi version has quietly been launched. Its token price has experienced roller coaster-like fluctuations within a short period of time.

Matching Mini-game “Sheep A Sheep” Hits It off in China, Arouses Controversy

A new pass-through mini game named "Yang Le Ge Yang," translated as "Sheep A Sheep," has become a national online sensation on China's social media in recent days. However, it has aroused controversy over its profitability and game rules.

Cloud Gaming Tech Firm Well-Link Secures $40M in Round-B2 Financing

Well-Link, a Chinese cloud gaming services provider, announced that it has completed a B2 round of financing totaling $40 million yuan, led by Temasek.

Former Sony Interactive Entertainment Executive Joins Tencent Games as Adviser

Shawn Layden, the former CEO of Sony Interactive Entertainment's U.S. division and chairman of Worldwide Studios, announced on his LinkedIn account on September 20 that he has joined Tencent Games as a strategic advisor.

Blockchain Gaming Firm Animoca Brands Raises $110M in New Funding

Animoca Brands, a leader in digital entertainment, blockchain, and gamification, announced on September 8 that it has closed a strategic investment round totaling $110 million.

Tencent’s Share of French Game Firm Ubisoft Rises to 9.99%

The board of directors of French game company Ubisoft on September 6 authorized Chinese tech and gaming giant Tencent to increase its direct shareholding ratio from 4.5% to 9.99%.

Tencent’s Subsidiary to Become Shareholder of Japanese Game Developer FromSoftware

Kadokawa, a Japanese publishing enterprise, announced on August 31 that FromSoftware, a game subsidiary, will issue new shares to Sixjoy Hong Kong, a subsidiary owned by Tencent, and Sony Interactive Entertainment (SIE) through third-party allotment.

NetEase Acquires French Game Developer and Publisher Quantic Dream

NetEase, a leading internet technology company based in China, announced on August 31 that its games division, NetEase Games, has acquired French game developer and publisher Quantic Dream S.A.

Metaverse Game Downloads Exceed 110 Million in H1 2022

Sensor Tower, a mobile app marketing intelligence firm, released a report on August 24 which analyzed the changes of mobile game market in the metaverse in recent years.

Game Analytics Firm Thinking Data Bags 100M Yuan in Round-C+ Financing

Thinking Data, a provider of big data analysis services for the game industry, has completed a C+ financing round worth 100 million yuan ($14.65 million), featuring investment from GGV Capital.

Tencent’s Q2 Disclosure a Mixed Blessing, Hoping to Defy Gravity in Shaky Market

Chinese internet giant Tencent logged its first-ever quarterly revenue fall along with declining net profit for the fourth consecutive quarter, according to its second-quarter 2022 results released on August 17.

Game Engine Developer Unity Forms New JV for China

Game engine developer Unity announced on August 9 that it has entered into an agreement with leading partners to form a new regional joint venture called Unity China.

39 Chinese Mobile Game Firms Enter Top 100 in Terms of July Revenue

According to a report released by Sensor Tower on August 9, a total of 39 Chinese firms were listed in the publisher's top 100 global mobile game revenue list in July. In total, these companies garnered more than $2.03 billion.

miHoYo Sues 37 Interactive Entertainment for Plagiarizing Genshin Impact Content

According to Chinese business data platform Tianyancha, litigation documents filed by miHoYo, the developer of video games including Genshin Impact, against three entities under 37 Interactive Entertainment were recently made public.

69 New Chinese Games Receive Regulatory Approval

On August 1, China's National Press and Publication Administration released a list of 69 new games that have been formally approved in August for domestic release.

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