Gaming

For Q4 2020, the firm reported a 91% year-on-year increase in revenues, while the net loss widened to USD 129.3 million.

CEO Pony Ma says Tencent is actively cooperating with regulators in antitrust investigations.

If completed, a merger between Douyu and Huya would result in a gaming entertainment giant with more than 300 million users and a combined market value of USD 10 billion.

Moonton is the perfect partner to help us expand internationally, Nuverse says.

Outsourcing companies are more likely to experience the harsher parts of crunch culture.

Nazara will not raise fresh cash through the IPO, but the listing will raise the company’s profile globally and bring more investment opportunities in the future.

Maple Capital projects the capital inflow in homegrown gaming firms will double to over USD 1 billion in the next 12 to 18 months

Operating expenses rose as Youdao was caught in intense competition in China’s online education sector.