BEIJING (Reuters) - China's ByteDance said on Wednesday that its gaming unit Nuverse has procured C4games, as it tries to additionally venture into the computer games business.
The obtaining of the computer games studio comes as ByteDance, proprietor of Chinese short video stages TikTok and Douyin, makes sizeable advances into the video gaming industry, placing it in direct rivalry with China's Tencent Holdings Ltd..
ByteDance's Nuverse consented to secure Shanghai-based gaming studio Moonton Technology in March.
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