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Tencent "Magic Core" announced that it will stop the distribution of digital collection, and users can choose to continue to hold it or apply for a refund.

2025-02-25 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

Thank CTOnews.com netizens Rimi Ishihara for the delivery of the clue to happiness! According to the news from CTOnews.com8 on March 16, there was news last month that Tencent would shut down the magic core business, but it has not been officially confirmed by Tencent. But today, Magic issued an announcement saying that it would make business adjustments based on the company's core strategy.

According to the announcement, Magic Core will stop issuing digital collections from August 16, 2022, and all users who have purchased digital collections through the Magic Core platform (including Tencent News Digital Collection) can choose to continue to hold them or initiate refund applications.

According to the announcement, if users choose to continue to hold, the digital collection can still be accessed and used normally. Because all the digital collection data have been linked, users' ownership of the digital collection will not be affected by the adjustment of the magic core.

At the same time, according to Tencent insiders, the adjustment of the magic nuclear business does not involve the dismissal of team members.

CTOnews.com learned that Tencent News App had suspended the sale of digital collections on July 2.

Previously, analysts said that Tencent's net profit fell by more than 20% in the first quarter of 2022, and Tencent's net profit fell for three consecutive quarters. Tencent has recently implemented cost control measures and adjusted some non-core businesses. This time, the magic nuclear business may continue to reduce costs and increase efficiency.

It is reported that Magic Nuclear, Tencent's NFT trading software, was officially launched on August 2, 2021, just over a year ago. It is part of Tencent PCG and is an innovative business of the department.

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