As Reuters reports, 45 Chinese games were given the green light to launch on live streaming on Monday, much to the delight of publishers such as iDreamSky, XD Network and Yozoo Games. By suspending the approval of any new ground release until last July, the Chinese government has clearly annoyed its local team such as Tencent Games and NetEase Games. These companies have a lot of interest in investing outside of China to ensure their growth and a little depending on the will of the government, which in addition to closing the market for months, has imposed a very significant limitation on game time. for young children, by tightening the rules. respect for innovators in gender, history and religion in their work.
So, facing what has undoubtedly become the world’s most limited video game market, Tencent Games continues to increase investment (Tequila Works, Remedy) and acquisitions (Turtle Rock Studios, Sumo Digital) in the rest of the world, while Sports NetEase has written names for Japanese video games such as Goichi Suda (No More Heroes) and Toshihiro Nagoshi (Yakuza), and rumors are also circulating about an offer for French studio Quantic Dream. In 2021, Tencent and NetEase Games reached bil 25 billion and 12 12 billion respectively. Tencent Games, which takes advantage of international successes such as League of Legends, PUBG Mobile, Pokémon Unite, Valorant and Clash Royale, has specifically focused on revenue growth registered outside China (26% of total).
- Also Read | Tencent Games has generated a record revenue of bil 25 billion in 2021
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