Sign in
Stories
ByteDance Scales Back Gaming Division, Sells Mobile Studio, Expands eCommerce in Indonesia
Share
ByteDance Weighs Sale of Gaming Studio a...
ByteDance's Gaming Retreat
ByteDance Executive Resigns for AI Focus
ByteDance's Gaming Retreat
ByteDance's Job Cuts and eCommerce Expan...
Overview
API
ByteDance is cutting jobs in its gaming division, Nuverse, as part of its strategy to scale back operations. The company has recorded a significant operating profit in the first quarter of the year, marking a reversal from previous years. Additionally, ByteDance plans to sell its mobile gaming studio, Moonton, and is collaborating with GoTo in Indonesia to expand its eCommerce business.
Ask a question
How might the sale of ByteDance's mobile gaming studio impact the gaming industry?
What are the potential benefits and challenges of ByteDance's collaboration with GoTo in Indonesia?
What are the reasons behind ByteDance's decision to scale back its gaming division?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Aug 2023
Sep 2023
Oct 2023
Coverage