Tencent partially owns Fortnite, a popular free-to-play video game. One of Tencent’s subsidiaries is Call of Duty Mobile.
Tencent and Nintendo also collaborated with Tencent to bring the Nintendo Switch, the Mario Maker’s most popular console, back to the region in 2019,
After news about gaming rules emerged, NetEase shares listed in the US fell by 6.7% during morning trading.
CNBC spoke with Daniel Ahmad, Niko Partners’ senior analyst, who said that the new rules would have an impact on more than 110 million children in China.
Ahmad stated that there are more than 110 million children playing video games in China. We expect new restrictions to result in a decrease in players as well as a decrease in time and money for those below 18.
Publiated Mon, 30 August 2021 at 17:04:32 +0000