NetEase Inc dismissed reports China is holding up gaming approvals as it untangles a huge backlog, saying the company is closing in on the release of Diablo Immortal for the world’s top gaming market.
Chief financial officer Yang Zhaoxuan told analysts on a conference call that select regulatory agencies are tweaking the process through which developers seek approval to make money off titles, but that didn’t equate to a hold-up. The company is preparing for the launch of Activision Blizzard Inc’s hotly anticipated hack-and-slash title in China.