ByteDance retreat from video games shows even the mighty can fall in risky market
For many, the decision to pull back by China’s highest-valued unicorn underscores the lingering risks in the world’s biggest video gaming market despite signs of a nascent recovery earlier this year. There were several reports on Monday, citing sources, that Tik Tok-owner ByteDance was shuttering…
#tiktok #bytedance #nuverse #beijing #bigtech #matthewchen #zencatgaming #analysys #lisahanson #nikopartners