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Exclusive | Tencent said to sharpen focus on metaverse-like developments with advanced new gaming studio
- The Chinese internet giant’s advanced new gaming studio will be established under subsidiary TiMi Studio Group, sources said
- The careers page of Tencent’s website shows that the new studio currently has job vacancies for at least 46 different positions
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Tencent Holdings, which runs the world’s largest video gaming business by revenue, plans to sharpen its focus on metaverse-like developments by assembling an international team for a new studio that will develop advanced games for the next stage of the internet, according to four people with knowledge of the matter.
The Shenzhen-based company recently sent out an internal letter to its employees around the world, indicating the establishment of a new “F1” studio under its subsidiary TiMi Studio Group that will involve employees across China, the United States, Canada and Singapore, according to the people, who declined to be identified because they are not authorised to speak to media.
A check by the South China Morning Post on the Tencent website’s careers page showed that the new F1 studio currently has job vacancies for at least 46 different positions.
TiMi Studios declined to comment on the F1 initiative. A representative for TiMi Studios said on Wednesday that the company is dedicated to the development of “AAA” games, but has no intention to discuss “trendy words”.
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What makes Tencent such a tech goliath?
What makes Tencent such a tech goliath?
While Hong Kong-listed Tencent has largely avoided using the term metaverse by describing its future games as “AAA, open world”, a company employee who declined to be named said the new F1 studio – referring to “the future” for the internet giant – is essentially about the metaverse.
Although a broad term, metaverse has generally referred to shared virtual worlds that people access via the internet.
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