Online gaming companies going global
By Ouyang Shijia | China Daily | Updated: 2019-07-05 08:06
Domestic players facing tighter regulations and stiff competition at home are increasingly looking further afield
A growing number of Chinese online gaming companies are expanding globally, as gaming regulators have tightened their grip on the local market, which is reaching saturation point.
"It is a growing trend that more Chinese companies are seeking opportunities globally," said Feng Bo, an internet industry solution expert at Tencent Cloud. "Domestic players face stiff competition in the market. And they need to confront various challenges, such as tight regulation controls and the declining demographic dividend."
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