China’s Videogame Makers Tap Overseas Markets
With fewer titles approved and domestic user growth slowing, the giant Tencent and its competitors are looking to expansion abroad,
With fewer titles approved and domestic user growth slowing, the giant Tencent and its competitors are looking to expansion abroad,
Covid-19 gave the videogame industry a boost as people stayed home, but growth is slowing as people are going out again.
The move comes amid a rout in technology stocks and a series of layoff announcements and hiring freezes in the industry tied in part to a slowdown in digital advertising sales.