companies of china
-
14,000 Chinese Game Companies Have Gone Out Of Business Due To Regulation Freeze
China’s freeze on video game licenses continues. South China Morning Post notes that the National Press and Publication Administration (NPPA) has not released a list of newly approved titles since July 2021. Because of this, state-run newspaper Securities Daily reports that approximately 14,000 small game studios and video game connection companies, including those involved in…
-
Chinese Kids Have Their Online Gaming Time Slashed By New Government Rules
A new rule being introduced by the The National Press and Publication Administration (NPPA), China’s online watchdog, is looking to curb what the government feels is a growing “gaming addiction among young people”.
-
Tencent’s Buying Spree Continues With Majority Stake In Battlerite Developer Stunlock Studios
Yesterday, Kotaku reported that Tencent wants to buy British game maker Sumo Group for an eye-watering $US1.3 ($2) billion. Today, we’re reporting that the Chinese conglomerate acquired a majority stake in Stunlock Studios. Based in Sweden, Stunlock Studios is best known for free-to-play Battlerite, which climbed atop Steam’s sales chart and which Kotaku called a…