NewsSony reports annual profit drop after coronavirus disruptionsWeak sales in electronic products and gaming drag profit down amid lockdowns. 2 mins read
Tencent gaming revenue, aided by a gaming consumption boom, has allowed the company to withstand COVID-19 headwinds and look to the future. NewsTencent gaming revenue growth pushes company past Q1 expectations2 mins read
Mobile e-sports games and PC games accounted for 47.2% and 24.7% of total revenue, respectively. NewsChina’s e-sports market tops RMB 100 billion for the first time after official recognition boosts prospects2 mins read
Honor of Kings is pitting players against an AI program named after the Monkey King in the name of science. NewsPlayers of China’s most popular game are training Tencent’s AI2 mins read
In gaming, Tencent launched “Arena of Valor” to Middle East players while Play3arabi and China’s Wafa Games partnered to arabize “Swords of Glory”. InsightsDisney+ and Warner Bros sign partnerships in the Middle East, and more | The Middle East Monthly Roundup5 mins read
AET Fund is currently in talks with up to 15 Indian startups for investments. Q&AWe will launch a content platform for kids in India: Q&A with Yuki Kawamura of AET Fund6 mins read
TechStorm is gearing up to be the largest media network in Asia that focuses on video games and the e-sports scene. InsightsThis media startup is dedicated to Asia’s e-sports scene 24/7: Startup Stories4 mins read
The game livestreaming industry in China could reshuffle as Tencent assumes a controlling stake in both of the industry’s leaders, Huya and Douyu. Visual StoriesKEY STAT | Tencent to take over China’s game livestreaming market2 mins read
Huya and Douyu, both backed by Tencent, have already surpassed Twitch in number of monthly active users. VideosVideo | Chinese video game livestreaming platforms set to challenge Twitch2 mins read
NewsDeals in brief: Wavemaker Impact leads Arysun’s pre-seed round, Nuevocor raises USD 45 million, latest funding deals in China, and more