Chinese Gaming Giants Lose Eight Bethesdas In Value Amid Government Crackdown

Bloomberg reports that the value of China’s largest gaming companies, Tencent and NetEase, plummeted dramatically during an overnight stock selloff, resulting in losses totaling more than $60 billion between the two. To put that in perspective, that’s about eight times what Microsoft spent on Bethesda Softworks parent…Read more...

Chinese Gaming Giants Lose Eight Bethesdas In Value Amid Government Crackdown

Bloomberg reports that the value of China’s largest gaming companies, Tencent and NetEase, plummeted dramatically during an overnight stock selloff, resulting in losses totaling more than $60 billion between the two. To put that in perspective, that’s about eight times what Microsoft spent on Bethesda Softworks parent…

Read more...