TikTok maker ByteDance plans to lower its Nuverse game brand and retreat from mainstream video games, in this case four people.
Byte Dance told Reuters that it had decided to rearrange its game after a review with all the living details.
“We review our business and make adjustments at the center in the areas of long-term strategic development. After a recent review, we have made the difficult decision to restructure our game business, “said the spokesman.
Sources said Byte Dance will ask employees on Monday to stop working on unreleased games by December، And that he will find ways to die from pre-launched titles.
People said that this decision is more likely to affect some people’s employees, some holiday about this move over the weekend.
Chinese technology has no plans to return to the $ 185 billion global video games market، He added that the information has been denied identification due to lack of public identification.
Casual gaming brand Ohayoo, whose games are featured on Douyin – TikTok’s sister app in China – will not be affected، And it will never be the relaxing games that run on TikTok, said one man.
Reuterus reported this month that ByteDance has begun looking for buyers of the game-making subsidiary Moonton Technology. He also overhaul his virtual reality company Pico, cutting off most of his content team.
ByteDance’s creation of Nuverse in 2019 was widely pushed into global gaming and the world’s largest gaming company، Domestic competitor Tencent Holdings was seen as a key factor in this competition.
But Nuverse’s performance has been patty. This is the most popular game “Marvel Snap”, an online card game that collected follow-up yesterday but it was not a commercial hit.
Other topics include the action games “One Peace: The Wage” and “Crystal of Atland”.
Nuverse came to the fore again in 2021 when ByteDance regularized its status as one of its six business units under a broader structural change.
To increase productivity, Nuverse acquired outdoor studios in 2021, including C4games.