Nuverse

Defunct

Shanghai, China · Founded 2020

1001-5000 employees

Sourced & current · updated May 11, 2026

ByteDance's gaming arm. Wound down November 2023 (~1000 layoffs). Most studios shed; ByteDance retained casual gaming arm Ohayoo and TikTok-platform games.

Where they sit

Stack tier: Extended Ecosystem (D)

In-Game Advertising

Was a well-funded but ultimately unsuccessful challenger to established gaming giants Tencent and NetEase, backed by ByteDance's resources but unable to achieve sustainable scale before being shut down.

Ownership

Parent: ByteDance