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, the Chinese tech giant behind TikTok, is pulling back from video gaming in a shift that will result in hundreds of job cuts.. The Beijing-based company will wind down Nuverse, the unit ...

ByteDance set up Nuverse in 2019, and acquired game developer Moonton Technology for $4 billion in March 2021, double the $2 billion bid made by Tencent. Nuverse boasted 3,000 employees at its ...

TikTok owner ByteDance is looking to get out of mainstream gaming, including at its subsidiary Nuverse, the publisher of Marvel Snap. ByteDance confirmed Monday in a statement to Polygon that it ...

In an unexpected turn, TikTok’s parent company, ByteDance Ltd. is preparing to bid farewell to the gaming industry by shutting down its principal brand, Nuverse, and eliminating hundreds of jobs ...

The latest move at Nuverse reflects how ByteDance’s expansion into video gaming, once considered a potential gold mine for the company, remains a cautionary tale.ByteDance was forced to cut its ...

Fresh off of winning “Best Mobile Game of the Year” at the 2022 Game Awards, publisher Nuverse is ready to share their next project, Dragonheir: Silent Gods. Not looking to slow down, Nuverse ...

Marvel Snap is Nuverse's best-known game, and despite some shortcomings we liked it quite a lot. It's also recently published an "open-world high fantasy RPG" for PC called Dragonheir: Silent Gods ...

China's ByteDance said on Wednesday that its gaming unit Nuverse has acquired C4games, as it seeks to further expand into the video games business. The acquisition of the video games studio comes as ...

BEIJING, April 14 (Reuters) - China's ByteDance said on Wednesday that its gaming unit Nuverse has acquired C4games, as it seeks to further expand into the video games business. The acquisition of ...