GamesIndustry.biz

APRIL 24, 2024

President Joe Biden today signed into law a package of national security measures, including legislation that will force China-based ByteDance to sell TikTok or see the app banned in the US. Read more

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GamesIndustry.biz

MARCH 14, 2024

Tencent has reportedly taken over two ByteDance games teams, and has consolidated them into a new company. As reported by Retuers , the studios that have allegedly been required are a Shenzhen-based firm working on an action game, and another in East China working on an anime title.

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GamesIndustry.biz

NOVEMBER 15, 2023

Sign up for the GI Daily here to get the biggest news straight to your inbox TikTok owner ByteDance is reportedly exploring options to sell Shanghai developer Moonton Technology. Sources familiar with the matter told Reuters the company has been meeting with several potential buyers. ByteDance has declined to comment.

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Deconstructor of Fun

AUGUST 25, 2020

While the full implications are still unclear, and Apple may make adjustments before iOS 14 ships, it is safe to say that the changes will be monumental and that companies that fail to prepare for these changes will be at risk of being left behind. Yet according to ByteDance insiders the company spent a Billion dollars on advertising the app.

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Deconstructor of Fun

MAY 23, 2023

But many companies would actually spend that amount if Second Dinner had published the game themselves. Problem is, Marvel Snap is published by ByteDance aka. the TikTok company. The funding of $30 million likely puts the value of the studio to around $200M, which would be a lot to pay for a studio with one title.

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Deconstructor of Fun

NOVEMBER 27, 2022

The company was originally funded by NetEase, but Snap is published by Nuverse (a subsidiary of ByteDance, of TikTok fame). Although the company behind it ( Second Dinner ) is new, the Marvel Snap team ranks among the most experienced creators of digital CCGs. Many of its members are veterans of Blizzard’s Hearthstone.

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Deconstructor of Fun

JANUARY 31, 2022

The biggest acquisition in the sub-genre happened last year, with Applovin acquiring Machine Zone - the company that made some of the most iconic top-grossing 4X games of all time (Game of War, Modern Strike, Final Fantasy: New Empire). The ones to watch in the space are Tencent, NetEase and, Bytedance.

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