Chinese gaming and social media giant Tencent Holdings reported virtually no growth in first-quarterly revenue, its worst ever such performance, and also missed market estimates as China’s economic slowdown and a freeze on new game licences weighed on its business. Revenue totalled CNY 135.5 billion (roughly Rs. 1,55,804) in the quarter ended March, versus CNY
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Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.  nWay has started a soft launch for its third mobile game in a series dubbed Power Rangers: Morphin Legends. The San Francisco game studio, a division of Animoca Brands, is releasing the game in Vietname and the
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Wearables market in India that consists of smartwatches, earbuds, and wristbands grew by 20.1 percent year-on-year (YoY) in the first quarter of 2022, according to a report by IDC. While watches continued to be the fastest-growing category in the quarter between January to March, by shipping 3.7 million units with a growth of 173 percent, wrist
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