China: Black Myth Wukong $1B AAA Game, $86B Tencent Publisher (League of Legends, SEA Group & VNG) & Real Estate Bubble Burst with Jianggan Li - E470

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Recorded08 Sep 2024

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Jianggan Li, Founder & CEO of Momentum Works, and Jeremy Au discussed: 1. Black Myth Wukong $1B AAA Game: Jianggan and Jeremy examined the reinterpretation of 'Journey to the West' in the gaming blockbuster 'Black Myth: Wukong'. The developers overcame huge skepticism, incorporated complex cultural narratives into gameplay and overcame technical challenges to balance traditional storytelling with modern gaming technology. They also discussed the parallels with Indian and Southeast Asia mythology. 2. $86B Tencent Publisher (League of Legends, SEA Group & VNG): Tencent owns League of Legends (Riot Games), PUBG Mobile, Arena of Valor, as well as WeChat. They also inspired and invested in the game, chat, ecommerce & payments structure of Sea Group (Shopee, Garena Free Fire) and Vietnam’s VNG (Zalo, Zalopay). 3. Real Estate Bubble Burst: They analyzed the causes of property price inflation and subsequent market corrections with Evergrande & Country Garden debt. The confidence crisis has had ripple effects into the consumer and adjacent markets, spurring outflows of talent, capital and companies. They also discussed the importance of cultural understanding in global business strategies, how multinational companies leverage local consumer insights, and the complexities of managing large-scale economic shifts in the Southeast Asia tech scene. Watch, listen or read the full insight at https://www.bravesea.com/blog/wukong-aaa-game Nonton, dengar atau baca wawasan lengkapnya di https://www.bravesea.com/wukong-aaa-game-id 观看、收听或阅读全文，请访问 https://www.bravesea.com/blog/wukong-aaa-game-cn Xem, nghe hoặc đọc toàn bộ thông tin chi tiết tại https://www.bravesea.com/blog/wukong-aaa-game-vn Get transcripts, startup resources & community discussions at www.bravesea.com WhatsApp: https://whatsapp.com/channel/0029VakR55X6BIElUEvkN02e TikTok: https://www.tiktok.com/@jeremyau Instagram: https://www.instagram.com/jeremyauz Twitter: https://twitter.com/jeremyau LinkedIn: https://www.linkedin.com/company/bravesea TikTok: https://www.tiktok.com/@jeremyau Instagram: https://www.instagram.com/jeremyauz Twitter: https://twitter.com/jeremyau LinkedIn: https://www.linkedin.com/company/bravesea English: Spotify | YouTube | Apple Podcasts Bahasa Indonesia: Spotify | YouTube | Apple Podcasts Chinese: Spotify | YouTube | Apple Podcasts Vietnamese: Spotify | YouTube | Apple Podcasts Join us at Geeks on a Beach! Use the code "BRAVESEA" for a 45% discount for the first 10 registrations, and 35% off for the next ones.

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