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A subsidiary of Chinese internet company NetEase recently filed a lawsuit against Blizzard Entertainment for violating a series of licensing agreements in Shanghai, demanding the latter to return 300 million yuan ($43.5 million) in arrears.
China's National Press and Publication Administration announced on November 17 an approval list for new online games this month, showing a total of 70 authorized titles. Tencent, which has not obtained approvals since September, attracted wide attention.
Amid mounting pressure to the wider economy, blockchain pioneers are confident in Web3-based gaming's ability to withstand another crypto winter.
Beijing-based video game developer and publisher, Perfect World, released its semi-annual performance forecast for 2022. From January to June this year.
This report analyzes the current status and characteristics of China’s esports industry and provides an outlook for the industry’s future development.
Chinese game developer and distributor Hero Entertainment on Monday announced an official name change, carrying out a new brand launch as "Hero Games."
Arena of Valor, an overseas version of the Honor of Kings mobile game, has been given upgraded importance and is now considered a strategic key project as of September 2021.
Perfect World, a publisher of online games, disclosed its record of investor relations activities on Monday, mentioning that the company has streamlined some of its internal teams that pose challenges to its future development.
Over the past week, China's esports industry saw several key developments, primarily related to Tencent esports titles, including Honor of Kings, Peacekeeper Elite, League of Legends and CrossFire.
The rapid development of AI technology in China has led to an increased demand for AI talent, resulting in high salaries being offered by companies such as Tencent, NetEase, miHoYo, and others.
Tencent had recently acquired about 90% of Wake Up Interactive's shares, a Japanese game studio. The purchase may have happened in September and might be worth more than 5 billion yen ($44 million).
More than half of the 32 gaming companies listed on the Chinese mainland predicted slowed year-on-year net profit growth for the first quarter of 2020.