Chinese gaming giants Tencent, NetEase to release new titles back to back in sign of intensified rivalry

NetEase plans to release about a dozen new games next week, including titles in collaboration with franchises Marvel Entertainment and The Lord Of The Rings. The competition between Tencent and NetEase has grown more heated recently as rivals like TikTok owner ByteDance have retreated from the industry. — SCMP

Chinese tech giants Tencent Holdings and NetEase announced back-to-back new title releases, in a sign of intensified competition among the country’s top two video gaming publishers, as other Big Tech firms throw in the towel.

NetEase, the country’s second-largest online gaming firm, plans to release about a dozen new games next week, including titles in collaboration with big-name franchises Marvel Entertainment and The Lord Of The Rings, the company announced on Monday.