Gamasutra - TikTok owner ByteDance has acquired the Chinese

Gamasutra - TikTok owner ByteDance has acquired the Chinese studio behind Red Alert Online


Red Alert Online developer C4games through its Nuverse subsidiary for an undisclosed fee. 
As reported by Reuters, the Chinese company, which owns and operates popular social media platform TikTok, purchased C4games as part of its push into the lucrative mobile games market. 
The news comes a few weeks after ByteDance bought Shanghai-based studio Moonton Technology, best known for developing
Mobile Legends: Bang Bang.
Last year, Bloomberg reported that ByteDance had already purchased a number of development studios along with the exclusive distribution rights to other titles. People "familiar with the matter" told the publication ByteDance intended to target the local and overseas non-casual market, challenging the dominance of Tencent along the way.

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