Tencent launches 60 new video games, partners with Microsoft as rivalry with ByteDance heats up

Source: scmp.com scmp.com

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Internet giant Tencent Holdings unveiled more than 60 new titles at its annual video gaming conference on Sunday, days after subsidiary TiMi Studios and Microsoft Corp ’s Xbox Game Studios formed a strategic partnership, as competition intensifies with TikTok owner ByteDance . Tencent, which operates the world’s largest video games business by revenue and China’s biggest social media platform WeChat , featured big-budget action games like SYNCED: Off-Planet as well as the Roblox online gaming platform at the conference. This year’s event featured about 20 more gaming titles than the conference last year, according to Tencent. “Video games are becoming...