Tencent games reinstated on Huawei app store | HT Tech

Tencent games reinstated on Huawei app store

The games were reinstated on the app store after further negotiations, Tencent said, adding that "both sides will continue to work together to bring better experiences and services to consumers".

By:REUTERS
| Updated on: Jan 01 2021, 22:31 IST
Tencent official
Tencent official (Tencent)
Tencent official
Tencent official (Tencent)

Tencent's online games were removed and then reinstated on Huawei's app store on Friday in a dispute over revenue sharing by the Chinese companies.

Huawei was insisting on a 50% cut of Tencent's game sales on the app store and the Tencent games were removed because the companies had been unable to agree a deal, a Tencent source said.

Tencent sells some of the top-ranked online games worldwide while Huawei has a 41.4% share of the China mobile phone market and 14.9% of the global market, data from market researchers IDC and Canalys shows.

Also read: Here's how much money Tencent lost after PUBG Mobile was banned in India

The games were reinstated on the app store after further negotiations, Tencent said, adding that "both sides will continue to work together to bring better experiences and services to consumers".

Huawei did not immediately respond to a request for comment.

A number of game developers have opposed Huawei's revenue demands, including Shanghai-based Mihoyo, which last year decided not to place its hit game "Genshin Impact" on Huawei's app store because of the sales commission structure.

Reporting by Pei Li.

Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on Whatsapp channel,Twitter, Facebook, Google News, and Instagram. For our latest videos, subscribe to our YouTube channel.

First Published Date: 01 Jan, 22:31 IST
NEXT ARTICLE BEGINS