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NetEase Wins First Video Game Licence in 14 Months – Caixin

The National Press and Publication Administration approved 73 new games to be released in China, said the Caixin report

Chinese gaming giant NetEase's shares slid more than 9% on Monday after it delayed the rollout of its video game Diablo Immortal in China three days ahead of its official launch.
The logo of internet technology company Netease is seen at the China Digital Entertainment Expo and Conference, also known as ChinaJoy, in Shanghai, on July 30, 2021. File photo: Aly Song, Reuters.


Chinese video game developer NetEase Inc has won its first video game licence since July 2021, Caixin has reported.

The National Press and Publication Administration (NPPA) gave approval to 73 new games to be released in China, said the report, including NetEase’s game All-Star Street Ball Party. Tencent Holdings still missed out on the cut, it added, with gaming licences on the decline in China since 2020.

Read the full report: Caixin


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Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.


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