Chinese videogame companies are moving rapidly into the U.S. and other overseas markets as regulations at home tighten and user growth stalls.
Tencent Holdings Ltd., the world’s biggest videogame developer, has doubled down on acquiring and joining with foreign studios. NetEase China’s second-largest game developer, has opened new studios abroad. Upstarts including miHoYo Co. and Lilith Games have established publishing labels that cater to global players.