Bleach Soul Resonance CANCELLED?! NUVERSE SHUTDOWN?! What's Next?!
16Ayee what's popping YouTube?! Unfortunate news as of November 27, 2023! There's news that ByteDance the parent company for TikTok and NUVERSE has decided to make cuts in the gaming industry.
Will ask staff to stop working on unreleased games
To look for ways to divest from launched titles
Will not affect casual gaming brand Ohayoo or TikTok's games
Performance of Nuverse has been patchy since its 2019 formation
HONG KONG, Nov 27 (Reuters) - TikTok maker ByteDance plans to wind down its Nuverse gaming brand and retreat from mainstream video games, four people familiar with the matter said.
ByteDance told Reuters it had decided to restructure its gaming business after a review, without giving further details.
"We regularly review our businesses and make adjustments to centre on long-term strategic growth areas. Following a recent review, we've made the difficult decision to restructure our gaming business," the spokesperson said.
Article: https://reuters.com/technology/bytedance-wind-down-gaming-brand-nuverse-full-retreat-gaming-sources-2023-11-27/
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