> they've lost 50% of their users in 4 years

Blizzard maybe, but Blizzard is owned by ATVI and are still growing top line revenue QoQ:

https://www.reuters.com/companies/ATVI.OQ/financials/income-...

So, yes the company is technically still in "piles of cash" ($2.8B net cash from operations in 2020 for example).

Probably has little to do with China.

which is why this decision will be such a blow

they made the calculation that losing some percentage of their western markets to appease the CCP was worth it

and now they're going to lose that too

couldn't happen to a group of nicer people