ByteDance, owner of Nuverse and TikTok, among other companies, is leaving the gaming space altogether.
Chinese company ByteDance is best known for its ownership of TikTok, the international video platform, but it owns a number of other companies as well. One of those companies is Nuverse, a game publisher best known in the West for its work on Marvel Snap. Fans of the superhero card-battler had reason for concern this morning, as an article from Reuters reported that ByteDance had plans to leave the gaming space entirely, with intentions to "divest from titles already launched." This seemed to spell doom for Marvel Snap.
However, the official Marvel Snap X account issued a statement today that this would not be the case.
Some of our players have expressed their concerns regarding reported structural changes at Nuverse.
We wish to thank you for your concern and assure you that regardless of any changes at Nuverse, SNAP will continue to operate and flourish in the future!
It's unclear exactly why the PC and mobile game will be exempt from any changes, but we're happy to hear that one of the best games from 2022 isn't going anywhere. However, the fates of the workers at Nuverse and the company's other games are unclear, as Reuters reports that "the decision is likely to impact hundreds of employees." The report states that ByteDance will announce this restructure sometime today.