Josh Ye
Stories by Josh Ye
China issues 60 new video game licences, none for Tencent or NetEase
The list does not include foreign titles, extending the dry spell for imported video games to 12 months
China’s Tencent revises pay rise policy amid cost savings pressures
The firm will no longer guarantee staff a pay raise upon promotion
TikTok plans big push into gaming, said to be conducting tests in Vietnam
Move would boost advertising revenue.
Tencent’s Q1 profit halves, revenue flat as crackdown, COVID-19 weigh
Tencent said ad sales slumped 18% in Q1 2022.
Tencent Music’s Q1 revenue slumps 15% but shares rise on hopes of regulatory easing
The company confirmed its plan to seek a secondary listing in Hong Kong
Didi Chuxing, Lenovo founders go private on China social media
Alibaba's Jack Ma, ByteDance's Zhang Yiming, and Meituan's Wang Xing have also gone private on social media.
Shanghai residents record their lockdown memories as NFTs
Weibo posts on COVID, and images from quarantine centres are available as NFTs.
