Bitter gaming war between ByteDance and Tencent a windfall for independent Chinese studios
ByteDance’s acquisition of Moonton in March increased the studio’s value sevenfold from a few months earlier and came after it cancelled a deal with Tencent
Tencent has already invested more in gaming studios this year than in all of 2020 amid a bidding war with ByteDance
……Read full article on South China Morning Post - Tech
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