Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

LATEST
Fiat Chrysler Plans to Halt Its Serbia Plant on Coronavirus
China’s 58 Home Delays U.S. IPO As Epidemic Weakens Customer Demand: Bloomberg
China’s BOE Takes Crown in Global Smartphone Panel Shipments in 2019: Research Firm
Huawei Hit With Racketeering Charge in Expanding U.S. Case
Chinese Truckmaker and Israeli Sensor Firm Team Up on Self-Driving Trucks
Mobile World Congress Canceled Due to Coronavirus Concerns
Hundreds of Chinese Companies Seek Billions in Loans Due to Coronavirus: Reuters
Finance Ministry Allocates More Special Bonds Early to Boost Economy
Alibaba-Owned Video-Streaming Service Youku Signs Drama Deal with BBC Studios
Electric Car Maker Nio’s January Sales Plummet Amid Epidemic
Tesla Stock Climbs As Its Shanghai Plant Restarts Production Amid Virus Outbreak
Chinese AI Company iFlyTek Asks U.S. to Lift Export Ban So It Can Buy Medical Supplies
Government Revenue Growth Dips to More Than Three-Decade Low
China’s Smartphone Shipments Could Drop 30% in Q1 Due to Coronavirus: IDC
Vast Majority of U.S. and U.K. Businesses in China Hit by Virus, Some Relocating Jobs: Surveys
ByteDance-Owned Apps See Sharp Surge in China Downloads Amid Outbreak
Foxconn Says Plant Restart Hinges on China’s Guidance
Pangolins Latest Animal Identified as Intermediate Coronavirus Host
Huawei Sues U.S. Carrier Over Alleged Patent Infringements
Customs Authority to Consolidate January and February Trade Data Into Single Item
NetEase to Hire Industry Veterans for First Overseas Game Studio: Report

By Ding Yi / Nov 18, 2019 06:14 PM / Business & Tech

Photo: VCG

Photo: VCG

Chinese internet and gaming company NetEase plans to hire experienced developers for its newly established game studio in Montreal, the firm’s first research and development studio in Canada.

NetEase regional manager Sun Yu told local newspaper the Montreal Gazette last week that the company is looking to bring in dozens of industry veterans with strong skills in arts, design, and technology to the studio over the next two years.

NetEase sees the opening of the Montreal studio, which will develop games for publication worldwide, as a milestone in the company’s global expansion, according to the report. Quebec, the province in which Montreal is located, envisions itself as a global video-game development center, with the number of local gaming companies ballooning 42% since 2015, according to Montreal International, the city’s economic promotion agency.

As the Chinese government tightens its grip on the domestic issuance of online games, the country’s studios are seeking new revenue streams abroad. In the first half of 2019, sales of Chinese-made games in the overseas markets increased 20.2% year-on-year to $5.6 billion, according to a report released by the official China Game Publishers Association.

A previous version of this article wrongly stated that Netease’s Montreal studio was its first outside China.

Contact reporter Ding Yi (yiding@caixin.com)

Related: Lagging Sales Force Game Studios to Shoot for Overseas High Score

Share this article
Open WeChat and scan the QR code