Gaming

In 2019, only 4% of overall retail spending in Hong Kong was conducted online, compared to 24% on the Chinese mainland.

Ubisoft sues Apple and Google over alleged Rainbow Six: Siege clone.

Bilibili widened its net loss to RMB 538.6 (USD 76.1 million), up 175% versus last year’s level, amid increasing revenues.

A summary of what these companies did right to survive, rise, and shine from the global health crisis.

Shopee orders are up 111.2% year-on-year, while Garena’s paying users grew by 72.5% to 35.7 million.

Tencent Games rolled out an in-house “health system” in 2017 to stem youth gaming addiction. These new rules take that further.

Weak sales in electronic products and gaming drag profit down amid lockdowns.

Tencent gaming revenue, aided by a gaming consumption boom, has allowed the company to withstand COVID-19 headwinds and look to the future.