continues to decline as consumers contend with both economic uncertainties and a new post-pandemic normal,” said Sensor Tower gaming insights lead Dennis Yeh last week. But this year's decline marks a surprising downturn for mobile.
#Wechat stock symbol Pc#
Mobile gaming has typically offset the losses in console and PC gaming and has been the largest and fastest-growing sector in the industry for years. In September alone, Tencent applied for nearly 100 metaverse-related trademarks, according to Chinese financial publication Yicai. Like Meta, Chinese tech giant Tencent, WeChat's parent company, is also going gung-ho about metaverse. " Some joked that Meta intentionally copied the logo of WeChat Channels, a feature WeChat launched in early 2020.įacebook's big rebranding reflects Mark Zuckerberg's big-picture plans for the metaverse. On Chinese social media, netizens reacted to the confusing similarity of the two logos by mockingly calling the Meta logo "an inverted WeChat Channels. The new Meta logo has dispelled a feeling of déjà vu among Chinese web users since Facebook announced its major rebrand: It resembles the logo of WeChat Channels, a short-video feature embedded within China's largest social media platform.īoth logos look like an evolution from the infinite loop symbol "∞," only that the WeChat Channels logo is face-up and in orange, and the Meta logo is face-down and in blue.
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