Chinese media reports that Perfect World is experiencing a shake-up in its leadership. Its president, Lu Xiaoyin, and CEO, Xiao Hong, are planning to leave their positions.

Chinese company Perfect World conducted large-scale layoffs. According to the newspaper The Paper, it laid off several hundred people due to financial issues—by the end of 2023, its net profit fell by 64.31%.

Chinese state-owned newspapers Economic Daily and Guangming Daily selected the top 30 companies in the outgoing year whose activities are related to the cultural sphere. Among them was miHoYo.

This is twice as much as a year ago.

China’s Perfect World is at the center of a scandal. According to rumors, the company conducts three-month internships for university graduates, and then promises to fully get a job. But for participation in the program, she requires 17.8 thousand rubles or $ 2661 per person.

Tomorrow Valve will start testing the official version of Steam for China. However, local users expressed their dissatisfaction with what was happening. They fear that they will soon be deprived of the opportunity to play thousands of games due to the unavailability of the international version of the store.What is the dissatisfaction of gamers?

The Remnant: From the Ashes action has performed well in sales. The total circulation of the project with a procedurally generated world exceeded 2.5 million copies worldwide.The results were announced by the publisher Perfect World.

This week, people were fired at the European branch of Perfect World Entertainment. An unnamed number of employees in Amsterdam lost their jobs.

On the fifth of March, the mobile release of the role-playing MMO Perfect World took place in China. The game took a little more than three weeks to earn $100 million on iOS. Thanks to this, it overtook Honor of Kings in monthly iOS revenue and became Tencent’s highest-grossing game for March.

This Wednesday, November 28, it became known about the conclusion of a deal between Valve and the leadership of Shanghai. The parties agreed to launch the official Chinese version of Steam.

Valve has announced cooperation with the Chinese company Perfect World in the framework of creating a version of the Steam store specifically for Chinese users.

You can find out how to operate online games in our material based on the motives of Vyacheslav Utochkin, who worked on Perfect World and Armored Warfare.