ByteDance’s gaming subsidiary Nuverse has acquired Beijing-based cell sport developer C4games for an undisclosed quantity, the most recent transfer in its push into the aggressive online game sector, a ByteDance consultant confirmed on Wednesday.
The acquisition comes three weeks after Nuverse bought Moonton, a Shanghai-based cell sport agency which has made a success in Southeast Asia with its multiplayer on-line battel enviornment (MOBA) title Cell Legends. On the time, ByteDance mentioned that the Moonton deal would assist it develop its gaming technique in world markets.
10-year-old C4games takes delight in its role-playing sport Fangzhi Shaonü and simulation sport Crimson Alert On-line. Fangzhi Shaonü, which was launched in 2017 in Japan, generated the eleventh largest abroad income of any Chinese language cell sport in 2020, in accordance with analysis agency SensorTower. Crimson Alert On-line, which was launched in 2018, had some 20 million registered gamers by the tip of March final 12 months, and as soon as set a report month-to-month income of 200 million yuan ($31 million), according to C4games’ web site.
The acquisition of C4games comes at a time when the Chinese language authorities is tightening its crackdown on monopolistic practices by the nation’s tech, web and fintech giants. On Wednesday, ByteDance joined with a bunch of Chinese language tech giants to pledge compliance with the antitrust legislation, a day after regulators informed them to study a lesson from the case of Alibaba, which final week was fined a report $2.8 billion for behaving like a monopoly.
Nuverse was established in 2019, when ByteDance began testing the waters within the gaming area with the discharge of a mini sport on Douyin, the Chinese language model of TikTok. In February, Nuverse launched its official web site with the introduction of the primary batch of its gaming titles together with Strike Royale, Area of Evolution: Crimson Tides, Blades of the Guardians and Terminal Battleground.
Contact reporter Ding Yi (email@example.com)