Singapore's Temasek Leads a $40 Million Funding Round in a Chinese Startup

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Chinese startup Well-Link Technologies has built a business on real-time cloud rendering, including helping miHoYo launch its Genshin Impact game on the cloud.

‘India Has a Big Role to Play': New Delhi Is Trying to Turn the Country Into a Chip Powerhouse

For example, the cloud version of Genshin Impact is just 78.5 megabytes on Apple's App Store in China, versus the exponentially larger 3.7 gigabytes for the non-cloud version.Well-Link claims its revenue for each of the last two years has grown by a whopping 400% or more, putting the company on track for revenue of several hundred million yuan — the equivalent of tens of millions of U.S. dollars.

One of Well-Link's next steps is encouraging more developers to create games that originate in the cloud.

 

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