History
2023: ByteDance winds down its gaming business. It turned out to be a failure
On November 27, 2023, it became known that the Chinese company ByteDance, which owns the short video exchange service TikTok, intends to close its gaming division Nuverse. As part of the reorganization, hundreds of employees will be cut, and work on all game products that have not yet been released will be stopped. Read more here.