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NetEase, Inc. (simplified Chinese: 网易; traditional Chinese: 網易; pinyin: Wǎngyì; Jyutping: mong5 ji6) is a Chinese Internet technology company founded by Ding Lei in June 1997. It provides online services with content, community, communications, and commerce.
Tencent Holdings Ltd. (Chinese: 腾讯; pinyin: Téngxùn) is a Chinese multinational technology conglomerate and holding company headquartered in Shenzhen.It is one of the highest grossing multimedia companies in the world based on revenue.
The investments by Tencent and Sony Group Corp, which Kadokawa said is also taking a minority stake, will together raise 36.4 billion yen ($263 million) for the company. China gaming giants ...
Sony Interactive Entertainment is the world's largest video game company, followed by Tencent and Microsoft Gaming. [1] Out of the 63 largest video game companies, 14 are located in the United States, 11 in Japan, and 7 in South Korea and China. Warner Bros. Games, Annapurna Interactive and Valve Corporation are not included in this list.
Companies in China across different sectors are facing an unprecedented regulatory crackdown. After the recent focus of Chinese regulators on the education sector, it seems that now it is the turn ...
Tencent shares plunged by 12% in Hong Kong trading, wiping over $40 billion from the company’s market value. Shares in NetEase, another major game developer, fell by almost 25%.
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Shares of Tencent were up as much as 6% while those of NetEase were up over 10% as the Hong Kong market resumed after the Christmas and Boxing Day holidays. Those gains are still some way off from ...