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Tencent looks overseas for video gaming growth as home market cools under tech crackdown | South China Morning Post

Source: scmp.com scmp.com
News Snapshot:

Tencent Holdings, the Chinese technology giant that operates the world’s largest video gaming business by revenue, is pivoting overseas, as the home market cools under strict regulations. During the four-day Tencent Game Developers Conference that kicked off on Sunday, the Shenzhen-based company has highlighted expansion opportunities abroad for its in-house titles, as well as those from other Chinese developers. Chinese games have high growth potential in several emerging markets, including the Middle East, Latin America and Southeast Asia, Xia Lin, vice-president of Tencent Games, said at a keynote speech. The sheer number of users and game downloads in those geographical…

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