China's game approval freeze forces Tencent to restructure

[Joystiq]

Tencent hasn't been having a great time ever since China established a new regulator that brought game approvals

Please, Log in or Register to view URLs content!

. Back in August, it had to

Please, Log in or Register to view URLs content!

from the Chinese market after regulators cancelled its license. Now, the internet giant has

Please, Log in or Register to view URLs content!

that it's restructuring the company for the first time in six years due to challenges caused by tighter government regulations. In addition to bringing MH:World to China, Tencent owns the companies behind League of Legends and Clash of Clans, which are immensely popular mobile games in Asia. It also owns the social media and chat platform WeChat.

Via:

Please, Log in or Register to view URLs content!

Source:

Please, Log in or Register to view URLs content!

Please, Log in or Register to view URLs content!

Console Bang News!