Rumors of an acquisition continue to swirl.
Domestic gaming revenue saw a minor 1% dip due to “direct and indirect effects of […] minor protection measures.”
The decision is in compliance with Chinese regulatory measures, though Tencent benefits from it as well.
The move allows Sumo to continue expanding and could help Tencent avoid unwanted attention from regulators.
The goal of the new studio is to build the next great PC RTS game. Lead designer David Kim talks to GameDaily about his approach to the genre and the benefits of existing under the Tencent umbrella.
While the studio is primarily known for mobile juggernauts Call of Duty: Mobile and Honor of Kings, TiMi Seattle will focus on PC and console AAA development.
The move follows a minority investment last year, and is in line with Tencent’s aggressive expansion outside of Asia.
The transaction is in line with Tencent’s goals to expand beyond China.
The world’s largest game company continues its relentless expansion. Niko Partners analyst Daniel Ahmad talks to GameDaily about Tencent’s aggressive business strategy.
The coronavirus pandemic hasn’t slowed the Chinese tech firm’s aggressive streak of acquisitions and investments.
GameDaily.biz © 2024 | All Rights Reserved.
