Oppenheimer says Unity China mini games experience creates long-term opportunity

Oppenheimer notes that Unity unveiled a localized Unity Engine for China on August 23 called “Tuanjie Engine” that focuses on two market segments: mini games and automotive. The firm, which notes that the adoption of mini apps has been slow outside of China, contends that the experience that Unity gains working with China-based mini game developers “creates incremental long-term growth opportunities.” Oppenheimer has a Perform rating with no price target on Unity Software shares.