INVESTORS IN CHINESE tech stocks might feel like characters in an online “party game”, a type of multiplayer activity that became all the rage in 2023. The latest addition to the genre is “DreamStar”, released on December 15th by Tencent, China’s biggest digital giant, with a big gaming business. Players speed around a track as …
The 52-year-old Ma, who kept a low profile during China’s 32-month crackdown on Big Tech firms, delivered that positive message in a speech before Tencent’s annual staff meeting on Monday at a stadium in Shenzhen, the company’s home city in southern Guangdong province. Founded in November 1998, Tencent must find new lifelines in its video …
World of Warcraft mobile game has reportedly been cancelled. Internal disagreements between Activision Blizzard and NetEase resulted in both parties axing the smartphone project three years into development. The WoW mobile title, codenamed ‘Neptune,’ was billed as a massively multiplayer online (MMO) role-playing game (RPG) set in the Warcraft universe. According to Bloomberg, the WoW …
Microsoft is stocking up on Chinese video game content to emulate Sony Group’s success with “Genshin Impact”, sources said, solidifying China’s transition from a land only of players to a hub of blockbuster developers. The US software giant and Japan’s vanguard of technology have for some years been offering big money to small developers to …
Activision Blizzard said on Thursday it would suspend most Blizzard game services in mainland China once its current licensing agreements with NetEase end in January. Blizzard Entertainment said it was unable to reach a deal with the Chinese Internet and gaming giant that was “consistent with Blizzard’s operating principles and commitments to players and employees.” …
Millions of Chinese gamers have lost access to World of Warcraft following a heated dispute between US title owner Activision Blizzard and NetEase, its long-standing local partner in the world’s largest gaming market. Devoted fans of the immensely popular game took to social media platforms to express their frustration over the loss, with one user …
China’s online gaming regulator has recently granted licenses to 27 foreign games, including titles from Tencent Holdings, NetEase, and Bilibili. This marks the second batch of foreign online games to receive publishing licenses in China after an 18-month hiatus due to regulatory crackdowns on the video game industry. Among the approved games is Tencent’s Merge …