Gaming
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ByteDance sells gaming studio Moonton to Saudi's Savvy for over $6 billion
Saudi's Savvy Games Group has agreed to acquire ByteDance's gaming studio Moonton for more than $6 billion.
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Global gaming industry investment reaches $33.6 billion in 2020, with China accounting for 27%
The United States dominated investment in the gaming industry last year, accounting for 36 percent of the total deal value, followed by China at 27 percent, according to a new report.
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China's gaming industry saw 20% increase in sales revenue to $42.65 billion in 2020, report says
The number of Chinese game users reached 665 million in 2020. The mobile game market accounts for 75.2% of sales revenue.
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Tencent launches TV version of its START cloud game platform, with picture quality comparable to that of a console
Chinese social media and gaming giant Tencent has teamed up with a number of TV manufacturers, including TCL, Hisense, Changhong and Konka, to launch a TV version of its START cloud game platform.
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Qualcomm reportedly plans to launch its own gaming phone by year-end
Qualcomm will be partnering with Asus to launch its own brand's first smartphone, reported DigiTimes.
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Honor announces gaming laptop, prices start at about $1,100
The Honor Hunter V700 gaming laptop was announced today, marking Honor's first foray into the gaming laptop segment.
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Chinese police uncover massive theft case involving PUBG, more than 3 million accounts stolen
Police in Yangzhou, China's Jiangsu province, recently cracked a case of theft involving PlayerUnknown's Battlegrounds (PUBG), in which more than 3 million user accounts were stolen, with a value of 19 million yuan, according to CCTV.
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Steam China's first batch of over 20 games suspected to be leaked
More than 20 games suspected to be the first batch from Steam China have been leaked in SteamDB, a third-party database site for Steam.
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Tencent in talks to merge game-streaming platforms Huya and DouYu
Chinese social media giant Tencent is driving discussions to merge the country's biggest game-streaming platforms Huya and DouYu, Bloomberg reported Wednesday citing people familiar with the matter.
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China's game market sees nearly 140 billion yuan in sales in H1 , 75% from mobile games
From January to June 2020, China's gaming market generated sales revenue of 139.493 billion yuan, up 22.34 percent year-on-year, according to a report released during the 18th ChinaJoy.
