Huawei was insisting on a 50% cut of Tencent’s game sales on the app store. On the other hand, Tencent removed its app from the app store because both companies had been unable to agree on a deal.
Tencent Games Restored on Huawei App Store
Tencent said in a statement. Tencent sells some of the top-ranked online games worldwide. According to data from market research firms IDC and Canalys, Huawei has a 41.4% share of the China mobile phone market and 14.9% of the global market. Huawei did not immediately respond to a request seeking comment. Similarly, Tencent also did not immediately respond to a request seeking comment on whether the firms had disagreed about revenue sharing. Later, Tencent responded when the games were restored on the app store after further negotiations. Tencent said A number of game developers have opposed Huawei’s revenue demands, including Shanghai-based Mihoyo company. The company last year decided not to place its hit game “Genshin Impact” on Huawei’s app store because of the sales commission structure. Source: Reuters
