Chinese giant Tencent it was supposed to buy and merge a couple of game studios, also a Chinese company, according to a Reuters source ByteDance. First of all, she is known as the owner of a social network. TIK Takits Chinese counterparts Douyin or media platform Toutiao.
ByteDance decided to exit the gaming industry last year, four years after entering the market. He should have been dealing with Tecent from the beginning of this year at the latest. ByteDance is involved in gaming through a subsidiary. Nuverswhich published, among other popular Marvel Snap.
The first studio that Tencent acquired was based in Shenzhen and was working on an unknown action game. anime game then developed by a studio in eastern China. The new owner decided to merge the teams, creating a new company in Shenzhen. Hello. It is unclear whether development of one or both games is ongoing. Tencent and ByteDance declined to comment on this information.
Source :Indian TV
