TecRah

With the growth of domestic game manufacturers in these years, Chinese game globalization, regionalization of new product layout Chinese manufacturers in the promotion and distribution of linkage investment and mergers and acquisitions and other forms of industry frequently. With more and more cases of successful players trying their luck, can we find the latest opportunities for ourselves! At the end of each week, we will summarize the week’s industry highlights for you.

Industry Voices

I remember Hidetaka Miyazaki really, really loved Curse of Bloodborne, and he was passionate about what he created. So I think he’s interested in remaking Curse of the Bloodborne, but he’s too successful and too busy to do it himself, but he doesn’t want anyone else to touch that either. the PlayStation team has to respect his wishes.

Recently, officially left the former Sony Entertainment president Shuhei Yoshida in a recent event on the blood curse for many years without new news of this cliché topic talked about his personal interpretation.

The leakers were just doing it for their own pleasure and self-satisfaction, and instead of benefiting anyone, they caused all kinds of opportunities to be lost, and they didn’t do anything to be proud of.

In response to the recent multiple exposures of Switch2, Ghostbusters series producer Hideki Kamiya has issued a series of posts accusing the leakers.

Industry News

On January 13, Tencent CEO Ma Huateng delivered his latest speech at the Tencent All-Staff Meeting, during which he reviewed the market environment in 2024 and summarized the performance of Tencent’s various business groups in 2024. Regarding the market environment in 2024, Ma Huateng expressed confidence in the resilience of China’s economy, and believed in the resilience and entrepreneurial spirit of Chinese enterprises and even entrepreneurs. He mentioned that Tencent has achieved a bottoming-out rebound in the past two years. For Tencent’s performance in the past year, Ma Huateng mentioned several key words, which are Focus on the main business Old trees sprout new buds Cost reduction and efficiency.

In the game business segment, Ma Huateng mentioned that the overall performance of IEG Interactive Entertainment Group in 2024 was very competitive, and both domestic and overseas businesses have made progress in the base business and through the cycle, especially after the adjustment of the organizational structure, the spirit of the outlook has been greatly improved.

2 On January 16, Nintendo announced its latest generation host, Switch 2, and is about to announce the release date on April 2 at the Direct. At the same time, the official also released a Swtich 2 live promotional video, the first official exposure to the public of the appearance of the actual machine.

Compared to the previous generation, this Switch 2 in the appearance of change is not big, basically maintain the generation of handheld modeling, but joy con handle from the previous generation of rail connection, into a magnetic connection. swtich 2 will be able to backward compatible with Switch generation of the game cassette and downloadable version of the game. At the same time, the Switch 2 will be followed by specialized game cartridges, but these will not be available for the switch generation.

3 On January 16, Tencent Group issued an anti-fraud circular . The briefing said that throughout 2024, Tencent’s Anti-Fraud Investigation Department discovered and investigated more than 100 cases of violating Tencent’s high-pressure line, more than 100 people were dismissed for violating Tencent’s high-pressure line, and more than 20 of them were sent to public security organs for suspected crimes. In addition, Tencent also announced a list of new never-cooperative subjects for 2024.

4 On January 16, news revealed that NetEase had successively laid off the entire strategic investment department two weeks ago, rumor has it that only Simon Zhu, the president of NetEase Game Global Investment and Cooperation Department, was left to sit on the sidelines. It is understood that the layoffs are large in scale, or involving hundreds of people, or related to NetEase’s overseas investment losses in recent years.

5 On January 17th, NetEase released a circular on the investigation and handling of internal violations of laws and regulations. The briefing showed that in the past six months, NetEase had five criminal cases and nine cases of serious violations of the law were dismissed and never hired. These cases involve a total of 27 employees. At the same time, NetEase announced the list of never cooperating subjects, adding 58 companies.

On November 8 last year, NetEase announced internal executive corruption cases, Battle Division and KK Division former head of the former head of the Hootsuite Channel Distribution Center Jin former head of the Hootsuite Marketing Center employee Xu and many other employees were dismissed by NetEase from their labor contracts and never hired.

6 On January 17, local time, Cognosphere, a subsidiary of Miha Tour responsible for the overseas distribution of games such as Original God, reached a $20 million settlement agreement with U.S. regulator FTC. The FTC previously accused Cognosphere of violating the Children’s Online Privacy Protection Act (COPPA), to which Cognosphere responded, “We believe that many of the FTC’s allegations are inaccurate, but agreed to this settlement because we value the trust of our users and are committed to providing transparency to our players. Under the agreement, Cognosphere will introduce new age restrictions and parental consent protections, as well as increased disclosure of in-game information such as virtual currency and item extraction.

7 Perfect World released its 2024 earnings forecast. The announcement shows Perfect World expects a net loss of 1.1 billion to 1.3 billion yuan for the full year of 2024, a turnaround from a profit to a loss compared to 2023’s net profit of 490 million yuan. Of this billion-dollar net loss, the game business is expected to have a net loss of 650 million to 750 million yuan. However, the announcement also pointed out that the key end-game product, 诛仙世界, was put into public beta on December 19, 2024, and the water flow exceeded 400 million yuan in the first 30 days of the public beta, which is a good performance and is expected to become another cornerstone product of the company’s long-term operation. In terms of future prospects, the Company will steadily push forward the development, testing and launch of the classic products represented by 诛仙世界 and the trendy new products represented by 异环, while actively exploring new areas of strength with small-scale and light-weight investment.

8 January 19, 2012 On the evening of January 18, EST, with the ban on TikTok in the U.S. officially in effect, ByteDance shut down its U.S. operations, including TikTok Lark Lemon8 CapCut, as well as the operations of MLBB Watcher of Realms Tide Watcher Marvel Snap Marvel’s Ultimate Reversal, and several other games. The company also operates several games, including Marvel Snap and Marvel Ultimate Reversal.

Product Watch

On January 15, Sensor Tower released the Top 30 China Handicraft Revenue List and Top 20 Overseas Revenue Growth List for December 2024. DotNet Interactive’s annual breakout product Whiteout Survival Endless Winter continued to top the overseas handicraft revenue list. Mihayou’s Avalanche, Star Dome Railway, Original God and Jedi Zone Zero rounded up the top 5 7 of the revenue list. The revenue of many popular handheld games rose to different degrees, driving Mihayou’s global revenue soaring by 77 .

And by the scattered explosion network development HaoPlay participate in Japan and South Korea and other market distribution of the secondary yuan American war game hand Maiden Frontier 2 chase put in the income list in the 8th place, at the same time in the income growth list topped.

2 Recently, there were rumors in the Steam bar that Tencent’s first wholly-owned 3A single-player buyout masterpiece, Tides of Annihilation, will be officially announced in the near future. Although there is no specific information, some players found that the official account of Tides of Annihilation with blue V certification has already appeared on the B station, which may be a good position in preparation for the announcement.

It is reported that the tide of annihilation by tencent invested company serpentine production, is an action RPG single-player game, the fee way to take pure buyout system.

3 January 15 morning, Linghuo Hub Entertainment’s new product three fantasy new work currently product name code name First exposure, and synchronized release of the actual machine PV.

The game is three fantasy studio production, previously, the studio launched the three fantasy continent accumulated more than 15 million historical users, once on the App Store bestseller list of the top three, the former not bad business results, but also make this new work is highly anticipated.

Investment and Financing Express

On January 14, China Ruyi announced that the Group had entered into an equity transfer agreement on January 13, 2025 to acquire from a subsidiary of Tencent Holdings, a major shareholder of the Company, 30% of the equity interest in the target company, Beijing Yonghang Technology Co. The core assets of Yonghang Technology include games such as QQ Dazzle Dance, QQ Dazzle Dance 2 and QQ Dazzle Dance Hand Game. According to the announcement, the total consideration for the acquisition is RMB825 million. Regarding the acquisition, China Ruyi said it hopes to acquire more attractive IPs and games through investment and business development, and build a diversified product matrix.

2 On January 15, Tencent and the Guillemot family, the founders of Ubisoft, are considering a new joint venture that would include some of Ubisoft’s assets, a move to increase the value of Ubisoft, according to Bloomberg and other foreign media reports, said people familiar with the matter. The potential deal would reportedly allow Tencent to own a stake in the joint venture and gain more control over some of Ubisoft’s intellectual property, as well as boost its video game business outside of China.

3 According to Enterprise Search APP shows that on January 15, Hangzhou Black Myth Culture Co., Ltd. was established, the legal representative of Yang Qi, registered capital of 10 million yuan, the business scope involves toys, animation and amusement supplies sales jewelry retail shoes and hats retail clothing and apparel retail Internet sales and so on. The company is 100 percent owned by Game Science, namely Hangzhou Yuke Interactive Technology Co. Currently, Game Science has opened the official derivatives brand of Black Myth Goku, Black Myth BLACKMYTH, and the official account is now online on all major social media.

Note: Some news may have happened earlier than this week, but due to low or no coverage in China, they are included in this week’s weekly report.

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