Tag: Tencent

Tencent reportedly wants to release Apex Legends in China

Apex Legends is the latest battle royale to take over gaming, and that means it is drawing the attention of Chinese megapublisher Tencent. That company wants to work with Apex Legends publisher Electronic Arts on bringing a version of the game to China, according to South China Morning Post report. I’ve reached out to Tencent […]

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Don’t sleep on Latin America, game publishers

When mobile app developers consider the next markets, Latin America isn’t often top of mind. After all, if you look at top countries by game revenue, Mexico and Brazil come at 12th and 13th, well behind China, the U.S. and Japan — regions that receive the lion’s share of big developers’ focus. But numbers are […]

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Chinese regulators start approving mobile games for Tencent, NetEase, and Perfect World

After a long delay, big Chinese game publishers Tencent, NetEase, and Perfect World are getting their mobile games approved for the Chinese market again. China’s new gaming regulator, the State Administration of Press and Publication (SAPP), last week released a list of digital games that have been granted a license for publication. Tencent, NetEase, and […]

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Sensor Tower: Monster Strike, Brawl Stars stand out on mobile in December 2018

It was another Merry Christmas for Mixi, as Monster Strike once again led the revenue estimates from December according to Sensor Tower, a mobile market research firm. Supercell also partook in this holiday cheer, with its latest game, Brawl Stars, leading the download estimates. And Fortnite just keeps chugging along. Mobile gaming should’ve raked in more […]

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App Annie: China drove 40% of mobile app spending and nearly half of all downloads in 2018

China may be slowing iPhone sales worldwide, but Chinese people are driving Apple’s App Store business. In fact, China accounted for nearly 50 percent of all app downloads in 2018, pushing the global downloads count to reach a record 194 billion, according to research firm App Annie. China, which is the world’s largest smartphone market, also […]

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TikTok owner Bytedance unveils Snapchat clone Duoshan

On the heels of teen-focused social app TikTok’s skyrocketing popularity, parent company Bytedance today announced Duoshan, a standalone video-messaging app that borrows a page from Snapchat’s playbook. Duoshan, which is Chinese for “flashes,” allows users to record and send each other short videos that disappear after 72 hours. The company says it will initially focus on […]

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Indian tech startups raised a record $10.5 billion in 2018, but concerns remain

India’s tech startups closed 2018 on a record high note, securing several major deals to further cement the nation’s position on the world map. But despite an influx of money from international investors, the local ecosystem’s overall health has some concerned. The year saw a high-profile acquisition, the emergence of new unicorns, and more startups than […]

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Discord raises $150 million as it starts establishing its PC game store

One of the biggest platforms in gaming has put some more cash in its pockets. Discord has raised $150 million in its latest round of funding at a $2.05 billion valuation. Investment group Greenoaks Capital led the funding round. Firstmark, Tencent, IVP, Index Ventures, and Technology Opportunity Partners also contributed. Discord plans to use the cash […]

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Indian food delivery startup Swiggy raises $1 billion from Naspers, Tencent, others

Indian food delivery startup Swiggy today announced a $1 billion funding round led by South African ecommerce and investment firm Naspers. This is the firm’s latest bet on the booming tech market in world’s second most populous nation. Swiggy, which serves food from 50,000 restaurants and has a fleet of 120,000 delivery people in India, will […]

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Microsoft researchers beat Tencent and Intel in autonomous greenhouse competition

Members of Microsoft Research, together with students from Dutch and Danish universities, have won a cucumber-growing competition held in autonomous greenhouses at Wageningen University and Research in Holland. Team Sonoma, as it’s known, beat out competitors from Tencent, Intel, and human horticulture experts and was the only team to grow more than 50 kilograms of […]

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China’s newly formed committee begins evaluating games

China is one step closer to approving commercial licenses for new games. The country’s state media revealed the formation of the Online Games Ethics Committee (OGEC) on Friday. This new oversight group has begun evaluating the appropriateness of game content looking to enter the market. The OGEC started with a group of 20 unreleased products. […]

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Chinese censorship affects games everywhere — and it’s getting bigger

Politics, censorship, territory disputes, and gaming? These aren’t usually found in the same arenas. Gaming has become a $130 billion dollar market with political implications — and Chinese censorship is leading the way. PlayerUnknown’s Battlegrounds (PUBG) is massively successful, and it’s a top seller on the App Store. It’s from South Korean video game company Bluehole, […]

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Intel and Tencent debut AI-powered camera systems for retail

Tencent and Intel are teaming up to launch a pair of artificially intelligent (AI) products for retail, the two announced today during Tencent’s Global Partner conference in China. Both were developed by Tencent’s YouTu Lab, its computer vision research division, and have Intel’s Movidius Myriad chips inside. The first is DeepGaze, an AI-powered camera for brick-and-mortar […]

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Record $25 billion in deals may be game industry’s Everest

This year’s record $25 billion in game industry deals in over just 9 months could mean we’ve hit the peak of the market, as detailed in tech adviser Digi-Capital’s new Games Report Q4 2018. Last time this happened, games investment and mergers and acquisitions (M&A) plunged into a games deals ice age at the lowest […]

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PUBG Mobile hits $100 million slower than Fortnite because of China

PUBG Mobile is no Fortnite, but nothing really is. Still, Tencent’s smartphone adaptation of the popular battle royale has surpassed more than $100 million in revenue, according to app-tracking firm Sensor Tower. That’s a big milestone, and PUBG Mobile was able to reach it in under 200 days. That shows just how popular the last […]

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Apple apologizes for phishing scam account hack in China

Following reports from Chinese mobile payment companies Alipay and WeChat that some of their Apple device-using customers had lost money, Apple today apologized and confirmed that stolen Apple IDs were the subject of a hack. “We are deeply apologetic about the inconvenience caused to our customers by these phishing scams,” Apple said in a statement […]

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Tencent partners with Medopad to improve Parkinson’s disease treatment with AI

Roughly 600,000 people in the U.S. are diagnosed with Parkinson’s every year, contributing to the more than 10 million people worldwide already living with the neurodegenerative disease. Early detection can result in significantly better treatment outcomes, but it’s notoriously difficult to test for Parkinson’s — in fact, no such exam exists. But Tencent and health […]

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PUBG Mobile Star Challenge esports event will give out $600,000

Tencent and PUBG Corp. announced details today for a tournament for the mobile version of PlayerUnknown’s Battlegrounds. Star Challenge will be a global event featuring teams of professional gamers, internet personalities, and celebrities. Teams will be competing for a prize pool of $600,000, and the finals will take place in Dubai toward the end of the […]

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Ring of Elysium is more interesting than Call of Duty’s battle royale

The inevitable battle royale gold rush is upon us. Developer Treyarch tested its Blackout battle royale for Call of Duty last week. Now, Chinese megaconglomerate Tencent has launched Ring of Elysium. This last playe-standing shooter is available now for free on Steam. It shares many battle royale elements with its contemporaries, but it has a […]

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