PlayerUnknown: Why Tencent Can’t Make Money Off Top Mobile Games
Tencent’s shares closed more than 3.4% below their opening price on Hong Kong’s markets.
Poisonous play
The South China Morning Post newspaper reported that the ban comes in the midst of a hiatus in the issuance of local video game licences, with the Chinese authorities not having approved any titles since late March.
Tencent distributes PUBG in China despite owning a large stake in the firm behind the rival title Fortnite
This has affected Tencent’s ability to make money from another high-profile import: PlayerUnknown’s Battlegrounds (PUBG).
WSJ
https://www.wsj.com/articles/playerunknown-tencent-cant-make-money-off-top-mobile-games-1526559154
Monster Hunter World sales yanked by China – BBC News
https://www.bbc.com/news/technology-45183371
https://www.bloomberg.co.jp/news/articles/2018-08-15/PDI1E26KLVR801