Tencent, the Chinese technology conglomerate, has expanded its gaming division by taking over two video game teams from ByteDance, including parts that were laid off. This move comes after ByteDance decided to retreat from the gaming business last year. The acquisition includes the establishment of a fully-owned subsidiary in Shenzhen, which will incorporate the teams responsible for two anime games previously under ByteDance, and has consolidated them into a new studio. This strategic acquisition by Tencent has been reported by multiple sources, including China Starmarket Daily and a person familiar with the matter.