Tencent suspends much-awaited game on debut due to server issue -report
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 21 2024
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Should l Buy ?
Source: SeekingAlpha
- Tencent Suspends Dungeon & Fighter Mobile: Tencent suspended the game within an hour of its Chinese debut due to unspecified server issues caused by a high number of players.
- Server Maintenance: The sudden takedown was due to "server fluctuations," with no further details disclosed by Tencent.
- Stock Impact: Tencent's shares fell about 3% on the Hong Kong exchange following the suspension of Dungeon & Fighter Mobile.
- Game Popularity: Dungeon & Fighter Mobile became the most downloaded free game on iPhone's app store in China, with over 60 million player registrations pre-launch.
- Regulatory Background: Tencent had planned to launch the game in 2020 but faced delays due to regulatory crackdowns in China regarding rules curbing addiction among minors.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
