Chinese language regulators hand out 87 new online game licenses in February


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Chinese language regulators permitted 87 new online game licenses in February.

South China Morning Post reported that Tencent and NetEase had been among the many firms that obtained a inexperienced gentle for titles.

To date, a complete of 175 recreation license approvals have been issued in 2023.

Final 12 months noticed 468 home video games and 44 imported titles that had been permitted by regulators.

The information of February’s approvals comes a month after it was reported that in 2022, the Chinese language recreation market gross sales dropped 10.3% to $39.7 billion.

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It was the primary time the sector decreased since figures had been reported in 2003.


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