China Still World’s Largest Gaming Market With USD24.6 Billion Operating Revenue
In 2016, the world’s computer game operating revenue exceeded USD100 billion for the first time and China exceeded America to …
China’s Gaming Market Scale To Reach USD26 Billion In 2017
The Chinese gaming market scale will reach USD26 billion by the end of 2017 and mobile games will continue to …
Chinese Firm Buys Into Mobile Game Data Analytics
Chinese mobile marketing platform Mobvista announced that the company will invest USD11.72 million to acquire a 90.01% stake in GameAnalytics, …
Linekong Grabs Hong Kong Mobile Game Stake
Chinese mobile game developer and operator Linekong announced a strategic investment in Hong Kong mobile game developer and distributor Gameone. …
China’s Tencent Invests In Another American Mobile Game Firm
Tencent reportedly invested USD60 million in the acquisition of a 20% stake in Pocket Gems, a start-up mobile game company in America. Tencent will gain one position on the board of directors at Pocket Gems, according to reports in foreign media. Founded in 2009, Pocket Gems is headquartered in San Francisco and the company is […]
Game Over For Zynga’s Beijing Office
American game developer Zynga announced that the company will close its office in Beijing. Zynga announced the decision while publishing its performance report for the fourth quarter of 2014. The company said that they will cut the 71 jobs in Beijing office and the related expense of USD7 million will be included in the first […]
Renren Kills Non-core Chinese Internet Businesses
Chen Yizhou, chief executive officer of Renren, says the company is planning to sell some non-core businesses to improve their profitability and they are also considering investment and expansion opportunities in America and Hong Kong. Chen revealed during an interview with local Chinese media that under the current model it is hard for the company […]
Tencent Cuts Staff In North American Game Studio
Chinese Internet company Tencent recently completed its staff layout in its North American office, and about 20 employees were dismissed during this adjustment, accounting for 40% of its total employees in North America.
China’s Online Game Industry Sales Reached CNY60.28 Billion In 2012
China’s Game Industry Annual Conference 2012 was just held in Suzhou and the comprehensive Chinese game industry report for 2012 was released during the conference.
UCWeb CFO: UCWeb To Launch IPO In 2013
Roy Rong, chief financial officer of Chinese Internet company UCWeb, revealed during an interview in Bloomberg’s office in San Francisco that the company plans to launch its initial public offering in 2013.
Shanda To Operate Rift In Mainland China
Chinese online game developer and operator Shanda Games has reached an agreement with Trion Worlds to operate its online game Rift in mainland China.
Qihoo 360’s Safebox Software Will Integrate With Uuu9.com
Chinese Internet security software provider Qihoo 360 announced that its 360Safebox software will be integrated into Uuu9.com, a Chinese portal for gaming information.
China’s Game Market Scale Reached CNY44.61 Billion
Information from China Game Industry Annual Conference held in Xi’an, capital of Shaanxi province, revealed that the market scale of the Chinese game industry reached CNY44.61 billion in 2011, a year-on-year increase of 34%.
China’s Perfect World Acquires Cryptic Studios
Chinese online game developer and operator has announced that it has invested EUR35 million to acquire a 100% stake in Cryptic Studios, an online game developer owned by Atari.
Tencent To Operate New South Korean Online Game In China
Chinese Internet company Tencent has gained the rights to operate Blade & Soul, a new online game developed by the South Korean company NCsoft, on the Chinese mainland.
Chinese Govt To Promote Parental Supervision Project In Online Game Industry
Eight Chinese administrations, including the Ministry of Culture, Central Civilization Office, and the Ministry of Education, have jointly issued an implementation plan to launch a new project to enable parents to supervise their children who play online games.
Shanda’s Mochi Media Warns Tencent About Game Infringement
Mochi Media, a Flash game development platform owned by Shanda Games, has issued an open letter, claiming that the Chinese Internet company Tencent has pirated its games.
Game Over: The9 Loses Online Game In China
Chinese online game operator The9 Limited is ending operations for one of its games.
China’s Giant Forms New Subsidiary
Chinese Internet company Giant Interactive Group has confirmed a new internal reform of its marketing department will become an independent company named Juxin Network.
NetEase.com Says Almost All Of Its China Revenue Derived From Online Games
Chinese Internet portal and online game service provider NetEase.com Inc. announced its unaudited financial results for the third quarter ended September 30, 2010.
Shanda’s China Game Revenue Falls
Chinese online game company Shanda Interactive Entertainment Limited announced its unaudited consolidated financial results for the second quarter ended June 30, 2010, and showed its game revenue dropped.
Bad News From Chinese Internet Game Firm The9
There was bad news from Chinese online game developer The9 Limited as it announced its unaudited financial results for the quarters ended March 31 and June 30, 2010, respectively.
Shanda Games Launches Outsourcing Platform
Chinese online game developer and operator Shanda Games has launched a new outsourcing platform, and it started to accept qualification applications of outsourcing vendors from July 23, 2010.
The9 To Acquire Majority Stake In Red 5 Studios
Days after Chinese online game developer and operator The9’s president announced her departure from the helm of the company, the company has now gone ahead with plans for expansion with the acquisition of an American company.