China orders Tencent to kill game just days after its debut | Fin24
  • SAA

    Pravin Gordhan says while govt is committed to saving the airline, there's no room for more bailouts.

  • Andre de Ruyter

    Bondholders aren’t convinced that Eskom’s new chief executive officer is the best choice.

  • Illicit Tobacco Trade

    The SA Revenue Service says it is going to court to recover R200m in taxes in a decade-old case


China orders Tencent to kill game just days after its debut

Aug 13 2018 11:08
Lulu Yilun Chen, Bloomberg
A man walks past an advertisement at Hong Kong's i

A man walks past an advertisement at Hong Kong's international airport for the WeChat social media platform owned by China's Tencent company. (Photo: Richard A Brooks, AFP)

Related Articles

Google in talks with Tencent and Inspur for China cloud

Tencent's stock price just keeps on tumbling

Tencent's $140bn rout is world's biggest as tech sinks

How world's most powerful app is squandering its lead


Tencent took another hit to its gaming business, after regulators told the social media giant to remove Monster Hunter: World from its PC downloads service just days after the action title’s debut.

Parts of the Capcom hit failed to meet regulatory standards and the relevant authorities received a “significant amount of complaints,” which in turn spurred the government to revoke an operating licence, Tencent said in a statement without elaborating.

Its shares were down more than 2% on Monday, while Capcom’s stock was down almost 10%.

It’s the latest blow to Tencent’s gaming operation, which has faced a series of hiccups. The company hasn’t won the necessary approval to begin generating money from its marquee mobile game, PlayerUnknown’s Battlegrounds, and has yet to receive the green light for introducing the desktop version to China. That’s hobbled revenue growth at the internet giant and contributed to a 15% slide in its stock since June.

The Radii blog first reported on the game’s suspension. Japanese studio Capcom’s title has sold more than 8 million copies globally.

The series, where players hunt the titular beasts, has been popular in Japan for over a decade. With the new title, Capcom re-designed many elements specifically tailored for Western audiences, such as including more online play and letting players move freely through the game.

* Fin24's parent company Media24 is part of the Naspers Group. Naspers owns a stake in Tencent.

* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER

tencent  |  china  |  ict  |  companies


Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

What do you think about private healthcare in SA?

Previous results · Suggest a vote