Sources: ByteDance shuts down its Shanghai games studio, in a setback to its gaming ambitions after struggling to make a splash in the Chinese gaming market (Bloomberg)


Bloomberg:

Sources: ByteDance shuts down its Shanghai games studio, in a setback to its gaming ambitions after struggling to make a splash in the Chinese gaming market  —  ByteDance Ltd. has shut down a game development studio it acquired just three years ago, slashing more than a hundred jobs …