A new generation of online game developers is bringing a major shake-up to the industry in China and threatening the long-established dominance of titans like Tencent Holdings and NetEase.
Caixin
In depth: Upstarts shake Tencent's hold on China's gaming industry
Stiff competition and stricter regulation among challenges for incumbents
A billboard advertisement for Genshin Impact in Hong Kong: The game, developed by Shanghai-based MiHoYo, is popular both in China and overseas. © Reuters
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