Mobile gaming operators are melting
Mobile gaming operators are melting in China. Govt regulation will effectively render prevailing business models irrelevant due to uncertainty regarding monetization. Games are inherently reward-based and if you clamp down on the use of rewards/incentives, you turn an entire industry on its head. It will be a while before companies find innovative ways to promote use, loyalty & spending without running afoul of the law.
$TENCENT(00700)$ $Tencent Holding Ltd.(TCEHY)$ $NetEase(NTES)$ $NTES-S(09999)$ $Bilibili Inc.(BILI)$ $BILIBILI-W(09626)$ $IGG(00799)$
Image
https://twitter.com/BrianTycangco/status/1738073611234423247
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
