Tencent’s online games were removed and then reinstated on Huawei’s app store in a rolling dispute over revenue sharing by the Chinese companies.
Huawei Technologies was insisting on a 50 percent cut of Tencent’s game sales on the app store along with the Tencent games were removed since the companies were unable to agree a bargain, a Tencent source stated.
Tencent sells a number of those top-ranked online games globally while Huawei includes a 41.4% share of the China cell telephone market and 14.9% of the global market, statistics from market researchers IDC and Canalys reveals.
The games have been reinstated on the app store following further negotiations, Tencent said, adding that “both sides will continue to work together to bring better experiences and services to consumers”.
Huawei Technologies didn’t immediately respond to a request for comment.
A number of game developers have compared Huawei’s earnings demands, including Shanghai-based Mihoyo, which last year chose not to put its own hit game “Genshin Impact” on Huawei’s app shop because of the sales commission arrangement.
The team at Platform Executive hope you have enjoyed this news article. Initial reporting via our official content partners at Thomson Reuters. Reporting by Pei Li in Hong Kong and Beijing Newsroom. Editing by Neil Fullick and David Goodman.
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