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Tencent shuts US video games studio Team Kaiju

Tencent shuts US video games studio Team Kaiju

A logo of Tencent is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. REUTERS/Aly Song/file photo

Chinese tech giant Tencent has shut down one of its U.S. video game studios that has been considered a key part of its global expansion plan to become a competitive game developer for the Western market, a source familiar with the matter said.