Why did PUBG leave Tencent?

The developer of PlayerUnknown's Battlegrounds has cut ties with Tencent (TCEHY) in India in a bid to skirt a government ban on Chinese mobile apps in one of the video game's most lucrative markets.

Why Tencent is removed from PUBG?

Due to the game's publisher Tencent Games, being a Chinese company, PUBG Mobile also fell under the list of apps banned in India due to security concerns. With the latest move, PUBG Mobile will now be solely taken care of by PUBG Corporation which is a South Korean company.

Why did China ban PUBG?

The strangest of all is the China ban of the game, considering Tencent Holdings is based out of China. The reason behind PUBG Mobile ban in its origin country is the amount of bloodshed in the game. Tencent has found a workaround for this and created a separate version of the game called Game For Peace.

What went wrong with Tencent?

Tencent said Monday it had fired more than a hundred employees for violating company policies. Those accused were found to have embezzled company funds and accepting bribes, it added, with a number referred to police and some found guilty in court.

Did PUBG break partnership with Tencent?

PUBG Corporation is a subsidiary of Bluehole Games, the South Korean company that developed PUBG. Exactly a week since its ban and 24 hours after it severed ties with Tencent Games in India, the South Korean maker of popular mobile game PUBG is scouting for an Indian partner to revive the popular game's fortunes.

Pubg Mobile Unbanned Confirm ? || Tencent Leaving China ? || Real Truth Behind It (Hindi)

Who bought out PUBG?

Krafton Inc.

The company has produced or owns the rights to several notable video game titles including TERA, PUBG: Battlegrounds, New State Mobile, and Moonbreaker. According to Forbes, Chang has a net worth of $2.9 billion and is one of the seven gaming billionaires in South Korea.

Did PUBG get sued?

The studio behind PlayerUnknown's Battlegrounds has dropped its lawsuit against the creators of global sensation Fortnite, ending a legal battle between two of the world's hottest games. PUBG Corp.

Why is Tencent buying Ubisoft?

Guillemot went on to say that Tencent's increased stake into Ubisoft would bolster the company's efforts to grow abroad “while preserving our identity and values.”

Why don't people like Tencent?

Privacy advocates have found that Tencent has shared the conversations of users of their applications with the Chinese government. The company has also used artificial intelligence to identify and block user-created images created to get around government censorship by Chinese citizens.

Why did China suspend Tencent?

GUANGZHOU -- China's Tencent Holdings and other major gaming vendors in the country are shutting down their games nationwide on Tuesday in an apparent tribute to late President Jiang Zemin, amid Beijing's tightening oversight of the gaming industry.

Is PUBG banned in Japan?

PUBG Mobile Japanese official app is only serviced in Japan. You may link your social media accounts as Google・Facebook・Twitter to the game but the game won't be playable outside of Japanese territory. This applies the same to PUBG Mobile serviced in other regions.

Is PUBG still popular in China?

In China alone, PUBG Mobile has made $4.7 billion in lifetime revenue, equating to roughly 57 per cent of total player spending (excluding third-party Android stores).

Why is gaming illegal in China?

Notably, China imposed a near-complete ban on video game consoles in 2000, fearing the addicting-like impact of games on its youth; the ban was ultimately lifted in 2015.

Will Apple remove PUBG?

You can no longer download PUBG Mobile from the app stores in India. The game can still be played for those who have it installed on their phones. The Indian government banned an additional 118 China-linked apps in India. The list included PUBG Mobile, one of the most popular gaming apps in India.

Did Apple remove PUBG?

PUBG Mobile has been removed from the Apple App Store and Google Play Store. The popular battle royale game was pulled from the App Store late night on Thursday and from the Google Play Store on Friday morning following a directive by the Indian government.

Is PUBG being discontinued?

The low-end version of the battle royale title, PUBG Mobile Lite , will be shut down on April 29, according to a post on the developer Krafton's official website.

Why is Tencent buying everything?

Tencent is allegedly shifting its M&A strategy to "aggressively" focus on "buying majority stakes mainly in overseas gaming companies." As reported by Reuters, this change is in part due to Tencent's attempt to battle the slowing growth in its home country of China.

Is TikTok under Tencent?

Does Tencent own TikTok? Tencent Holdings, a Chinese multinational conglomerate, is an investor in ByteDance but does not have a majority stake in or control over TikTok. ByteDance was founded outside Tencent's portfolio and has even been sued by Tencent over its news and content aggregation platform Toutiao.

Why did Tencent crash?

Tencent recorded its first-ever revenue drop in the quarter ended June and is expected to report negligible sales growth and a 34% drop in net income, according to analyst estimates. Online ad sales have been hit by China's economic slowdown and the bread-and-butter gaming division is facing stiffer competition.

Why is Ubisoft shutting down?

1 September 2022 Ubisoft is suspending online services for 15 older games (2009-2013) to focus resources on supporting and developing newer and more popular games.

Who owns most of Ubisoft?

Does Tencent own Activision?

Tencent has a very solid foundation for its global games operations, thanks to ownership of Riot Games, Funcom, Sharkmob, the Leyou Technologies group (including Digital Extremes and Splash Damage), and stakes ranging from 4% to 84% in Remedy, Epic Games, Activision Blizzard, Ubisoft, Krafton, Supercell, Frontier ...

Do people who bought PUBG get anything?

Players who previously purchased the game before it went free-to-play will be upgraded to Battlegrounds Plus at no extra cost and will also be given a costume skin set including 'Battle-hardened Legacy' corset, jacket, gloves, pants and boots.

What happened to people who paid for PUBG?

As of January 12, 2022, PUBG: Battlegrounds will be free-to-play, but existing players (those who bought the game) will be given in-game rewards as compensation.

Who won PUBG vs Fortnite?

PUBG drops Fortnite copyright lawsuit as the battle ends in a draw.