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NetEase directed to divest overseas holdings, VentureBeat reports

Chinese game publisher NetEase (NTES) has been directed to divest its overseas holdings, starting with hit game Marvel Rivals, which laid off its Seattle team, VentureBeat’s N. Evan Van Zelfden and Dean Takahashi report. According to sources, the Marvel Rivals team being fired “is just the start,” and that it is possible that NetEase plans to exit all international investments and holdings.

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