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Tencent Responds to Not Acquiring New Game Licenses: Letting Smaller Developers Have Chances is More Important

By Weilin Li
May. 19, 2022 updated 09:43

Last month, the Chinese regulators released game licenses for 45 companies after a 263-day freeze, but Tencent, as the leading game company, didn’t get one this time.

Yesterday, Tencent’s Chairman Pony Ma and President Martin Lau explained that for large-scale companies with multiple games at hand, the lack of license doesn’t hurt too much. They’re happy to see smaller developers and startup companies have more chance of having a publishing license number. Tencent would put more resources into several major game projects.