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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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.
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.
