Apple, Tencent Discussing Potential Revenue-Sharing Deal For WeChat Mini-Games, Says Chinese Game Maker Exec
Portfolio Pulse from Benzinga Neuro
Apple Inc. (NASDAQ:AAPL) and Tencent are in discussions about a potential revenue-sharing agreement for WeChat mini-games. This could enable in-app purchases on iOS, benefiting developers, users, Apple, and Tencent. The move comes as Apple seeks to boost its presence in China amid declining market share.
August 15, 2024 | 12:17 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Apple is in talks with Tencent for a revenue-sharing deal on WeChat mini-games, potentially enabling in-app purchases on iOS. This could help Apple boost its presence in China.
The potential revenue-sharing deal could open a new revenue stream for Apple through in-app purchases on WeChat mini-games. This aligns with Apple's strategy to increase its market share in China, which has been declining.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80