gaming industry Archives - Page 2 of 4

Forking VR Receives Tens of Millions of Yuan in New Investment

On August 15, Shanghai-based VR content production company Forking VR announced its completion of a pre-A round of financing totaling tens of millions of yuan, with investment from Sequoia China Seed Fund.

CMGE and DreamWorks Animation LLC to Jointly Launch New Mobile Games

China Mobile Games and Entertainment Group Limited (CMGE) announced on August 5 that it has obtained a full range of IP authorization under DreamWorks Animation LLC.

miHoYo to Test New Game Zenless Zone Zero on August 5

Shanghai-based video game developer miHoYo announced on July 22 that it will start small-scale closed beta testing with deleted files for a new game called "Zenless Zone Zero" at 10:00 on August 5.

Genshin Impact Publisher miHoYo Sets up HQ in Singapore

The headquarters of HoYoverse, a global interactive entertainment brand owned by game developer miHoYo, was recently opened in Singapore.

Netvios Surpasses 100M Yuan in Round-A Financing

VR games publisher Netvios has announced its completion of A-round financing worth over 100 million yuan ($14.8 million).

Tencent Tests Overseas Version of Honor of Kings in Mexico

Popular Chinese online game Honor of Kings, developed by Shenzhen-based Tencent, is the highest-paid mobile MOBA game in the world.The firm released alpha tests in Mexico for an international version on July 14.

Perfect World Expects Net Profit to Increase By 331% in First Half of 2022

Beijing-based video game developer and publisher, Perfect World, released its semi-annual performance forecast for 2022. From January to June this year.

Bilibili Acquires Game Developer Beijing Shizhisha

Beijing-based mobile game developer Shizhisha became a wholly-owned subsidiary of Bilibili.

Genshin Impact Publisher miHoYo Sues Mintrust

Chinese game publisher miHoYo recently sued Minmetals International Trust Co., Ltd. ("Mintrust") following a business trust dispute.

Can Web3 Gaming Weather the New Crypto Winter?

Amid mounting pressure to the wider economy, blockchain pioneers are confident in Web3-based gaming's ability to withstand another crypto winter.

May Sales Revenue of China’s Game Market Was $3.4B, Down 6.74% YoY

Gamma Data, a Chinese game research organization, released its "May 2022 Game Industry Report" on Wednesday.

Tencent to Hold Game Launch Event for SPARK 2022 on June 27

Tencent Games, the gaming branch of Chinese Internet giant Tencent, announced on Wednesday that the "SPARK 2022" launch event would be held at 20:00 on June 27.

Tencent Games’ LightSpeed Studios Upgrades Brand

LightSpeed Studios, a prominent Chinese game developer and subsidiary of Tencent Games, announced on Monday that it has conducted a comprehensive upgrade of its branding and vision.

Tencent Reaffirms Many of Its Games Add Tencent Tianyou as Main Operator

Tencent Games officially assured that its subsidiary Shenzhen Tencent Tianyou Technology Co., Ltd. is one of the key entities in its game operations.

New miHoYo Game “Honkai: Star Rail” Starts Second Closed Beta Test

Chinese video game developer miHoYo's new work, "Honkai: Star Rail," started the second closed beta test on PC, Android and iOS terminals simultaneously on Wednesday.

Sensor Tower: April Overseas Revenue of “Genshin Impact” Highest Among Chinese Mobile Games

"Genshin Impact" ranked first on April's revenue list for Chinese mobile games currently operating overseas, followed by "PUBG Mobile" and "State of Survival."

NetEase to Hold Game Launch Event on May 20

NetEase, a Chinese internet technology company, announced on Wednesday that it will hold an online game launch event called "NetEase Connect 2022" at 19:30 Beijing time on May 20.

37Games Obtains Chinese Regulatory Approval for Several New Games

Gangzhou-based game developer 37Games said at an online performance briefing on Tuesday afternoon that many of its 2022 games have obtained regulatory approval for publishing and operations in China.

Honor of Kings, World’s Top Grossing Mobile Game, Faces Allegations of Plagiarism

For All Time, a love story mobile game published by NetEase, released an image which drew comparisons between its promotional materials and those used by Honor of Kings, a game released by Tencent.

Tencent Shuts Down QQ Tang Game 17 Years After Launch

Chinese internet firm Tencent announced Wednesday that its well-known game "QQ Tang" will officially cease operations in the Chinese mainland, and the game server was closed at 11 a.m. today.

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