Tencent Holdings Ltd (騰訊) took another hit to its gaming business, after regulators told the social media giant to remove Monster Hunter: World from its PC downloads service just days after the action title’s debut.
Parts of the Capcom Co hit failed to meet regulatory standards and the relevant authorities received a “significant amount of complaints,” which in turn spurred the government to revoke an operating license, Tencent said in a statement without elaborating.
Its shares were down more than 2 percent yesterday, while Capcom’s stock was down almost 10 percent.
It was the latest blow to Tencent’s gaming operation, which has faced a series of hiccups.
The company has not won the necessary approval to begin generating money from its marquee mobile game, PlayerUnknown’s Battlegrounds, and has yet to receive the green light for introducing the desktop version to China.
That has hobbled revenue growth at the Internet giant and contributed to a 15 percent slide in its stock since June.
The Radii blog first reported on the game’s suspension. Japanese studio Capcom’s title has sold more than 8 million copies globally.
The series, where players hunt the titular beasts, has been popular in Japan for more than a decade.
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