The industrial giant Tencent is facing problems at home. For an indefinite period, he was banned from publishing new applications in China and updating old ones. The reason for this was “violation of the interests and rights of users.”

Chinese giant Tencent has signed another deal. This time, the company acquired a minority stake in the British Playtonic, the authors of the platformer Yooka-Laylee. How much this purchase cost is not disclosed.

In the near future, the Chinese regulator will again issue licenses to online games. He hasn’t done it in four months. Against the background of such news, the shares of local giants Tencent and NetEase increased in price.

The Chinese giant Tencent decided to support developers from Russia. The holding invested in Beryoski, a new studio that was opened by the authors of the tactical RTS “Partisans 1941”. The size and terms of the transaction were not disclosed.

Tencent has invested in another company. Now she has acquired 90% of the shares of the Japanese Wake Up Interactive, which owns the studio Soleil. The latter specializes in games for the Nintendo Switch. The transaction amount is ¥5 billion ($43.8 million).

The actions of the Chinese authorities have affected the financial performance of Tencent. The growth rate as revenue reached its lowest in 17 years. In the third quarter of 2021, the company earned $22.2 billion, and its revenue from games amounted to $8.4 billion.

Tencent and TiMi Studios have announced a game based on the popular mobile MOBA Honor of Kings. It’s called Honor of Kings: World. It will be an open-world RPG that will be released “on multiple platforms.”

Fortnite is leaving China. The servers of the regional version of the battle royale will stop working in two weeks. Perhaps the closure is due to the lack of popularity of the game and changes in Chinese legislation.

Tencent continues to act aggressively in the M&A market. This time, the company acquired a stake in the Japanese publishing house Kadokawa, which owns the FromSoftware studio. The transaction amount was ¥30 billion ($264 million).Elden Ring

TiMi Studios, the “daughter” of Tencent, announced the launch of F1, a branch for the development of AAA games with an open world. There is a version that the opening of a new studio is one of Tencent’s steps towards the development of the global metaverse. TiMi refutes these rumors.

Tencent continues to invest in Western developers. Recently, the Chinese giant acquired 21.97% of the shares of the Polish studio Bloober Team, becoming its largest shareholder. The transaction amount was 77.6 million Polish zloty ($19.5 million).The Medium

A mobile version of the pocket monster strategy game from The Pokémon Company and Tencent is available from September 22. On the fifth day, the game topped the world download charts in app stores.

Against the background of stricter laws regarding video games, more than 200 companies in China have pledged to independently regulate this area and cooperate with the authorities. They will take a number of measures to combat gambling addiction among teenagers — including using a facial recognition system.According to Reuters, the statement of the Chinese gaming association CGIGC was signed by a total of 213 companies.

Genshin Impact was first released in the Tencent MyApp store. Against this background, there was news that miHoYo has signed a cooperation agreement with the Chinese giant. We can talk not only about various promotional activities, but also about a reduced commission.Genshin Impact

Due to the new restrictions, underage Chinese gamers can play online titles for no more than three hours a week. This led to the fact that last weekend the Honor of Kings servers simply could not withstand the influx of users who entered the game at the same time.Honor of Kings

Toshihiro Nagoshi, creator of the Yakuza series, is close to leaving SEGA after 32 years at the company. According to media reports, the Japanese game designer’s next job will be NetEase. Thus, the Chinese giant wants to impose competition on Tencent in the Japanese console market.Toshihiro Nagoshi, photo: Jin Wang

Tencent always strives to strictly comply with the requirements of the Chinese authorities regarding video games. However, due to the tightened regulation of the technology industry and the actions of a number of state media, the market value of the company has fallen by $400 billion since the beginning of the year. And the development of Tencent’s relations with the authorities may affect the entire gaming industry in China.Tencent Headquarters in Shenzhen

In July, the Chinese antimonopoly service blocked the merger of Huya and DouYu in order to prevent them from capturing the entire market of gaming streaming services in China. Against the background of the failure, Tencent began to reallocate resources for the development and expansion of its own platform like Twitch.The new plans of the Chinese giant were reported by Bloomberg.

The purchase of the Chinese holding Leyou Technologies for $1.3 billion was one of Tencent’s largest investments last year. He has IP assets such as Warframe and Gears Tactics. However, in recent months, key employees have left Leyou en masse. And because of several cancelled projects, the holding itself has turned into almost an ordinary support studio.Warframe