Alibaba, China Mobile, Oppo, other tech firms back new US$1 billion joint venture with US video game engine provider Unity


Source: scmp.com scmp.com

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China’s video gaming market, the world’s largest, could be poised for a creative kick-start amid a tougher regulatory environment, as a number of tech heavyweights rally behind a new venture by US game engine provider Unity Technologies. The local investors in the regional joint venture Unity China include e-commerce giant and South China Morning Post parent Alibaba Group Holding , ByteDance -owned Chinese short video service provider Douyin , telecommunications network operator China Mobile , Android smartphone maker Oppo , hit game Genshin Impact creator miHoYo , online games developer G-bits Network Technology and artificial intelligence firm PCI Technology Group,...