In 2016, the world’s computer game operating revenue exceeded USD100 billion for the first time and China exceeded America to …
Chinese online game developer and operator Changyou recently announced that the board of the company has received an initial non-binding …
The Chinese gaming market scale will reach USD26 billion by the end of 2017 and mobile games will continue to …
China’s Tencent Games achieved operating revenue in 2016 of USD10.2 billion, a year-on-year increase of 17%, which makes it the …
China’s online gaming users reached 534 million in 2015, a year-on-year increase of 3.3%, according to the latest report from a trio of game watchers. During China’s Game Industry Annual Conference 2015, the Game Publishers Association Publications Committee of the China Audio-video and Digital Publishing Association, Gamma Data, and IDC jointly published their “2015 Report […]
Chinese game developer and publisher Linekong recently released its semi-annual financial report ended June 30, 2015, stating that its net profit decreased by 44% compared with the same period of last year. Linekong’s operating revenue for the second quarter of 2015 was CNY187 million, which decreased by 65% over the first quarter. From January 1 […]
American mobile game developer Kabam announced that the company has gained a USD120 million investment from Alibaba Group. Kabam said in a statement that the funding will help the company realize growth and Alibaba will assign an executive to join the board of directors at Kabam. Kabam’s valuation reached over USD1 billion during this round […]
China’s BesTV says it will team with Microsoft to invest USD79 million in the establishment of a joint venture named Shanghai Baijiahe Information Technology Development Company Limited for the creation of China-made gaming consoles. With USD40.29 million cash investment, BesTV will hold a 51% stake in the joint venture; while Microsoft, with USD38.71 million cash […]
Shanda Games Limited has signed a final agreement with its parent company Shanda Interactive Entertainment Limited to acquire two subsidiaries from the latter.
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.
Ma Xiaoyi, vice president of Tencent, said during the Global Mobile Game Congress in Beijing this week that Tencent plans to launch an integrated mobile gaming platform, covering Tencent’s major mobile applications and quality products developed by third-party mobile game developers.
Changyou.com, the online game subsidiary of Sohu.com, reached an agreement with all minority shareholders of 7Road aiming to acquire the remaining 28.074% stake from these shareholders for about USD78 million.
Chinese online game developer and operator Giant Interactive Group Inc. announced that its board of directors has appointed Liu Wei, former president of Giant, as new chief executive officer; and appointed Ji Xuefeng, former senior development vice president, as new president.
China’s Shanda Games announced they have appointed Qian Donghai, former senior vice president for business development of Shanda Games, as the new president.
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.
Chinese online game developer and operator Beijing Perfect World Network Technology Company Ltd. announced the establishment of a new subsidiary in Malaysia.
Chinese online game developer and operator Shanda Games and Japanese video game develop Square Enix jointly held a press conference in Seoul, South Korea, to announce that the two parties will implement strategic cooperation in mobile game sector.
Blizzard Entertainment and NetEase.com, the operator for World of Warcraft in mainland China, have jointly announced that Mists of Pandaria, the fourth expansion of World of Warcraft, will open in mainland China on October 2, 2012, realizing global synchronization for the first time.
Online game company Blizzard Entertainment Inc. says there was unauthorized access to some Battle.net account information, but Chinese players appear unmolested.
Chinese Internet company NetEase.com has a new online game accelerator product named UU, and the company said it will provide the service to users for free.
Chinese social networking giant Tencent has acquired a minority stake in U.S. game company Epic Games.
Chinese tech titans Tencent and Kingsoft will soon begin operating their online games together.
Chinese online game developer and operator Shanda Games has reached an agreement with Trion Worlds to operate its online game Rift in mainland China.
Chinese Internet security software provider Qihoo 360 announced that its 360Safebox software will be integrated into Uuu9.com, a Chinese portal for gaming information.
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%.
Chinese online game developer and operator Changyou.com Limited and its majority shareholder Sohu.com Inc. have jointly announced that the two parties have entered into a definitive agreement under which Changyou.com will acquire 17173.com, a leading gaming information portal in China, from Sohu.com for USD162.5 million.
Perfect World Company Limited, an online game developer and operator in China, has formed a new joint venture with Nexon Korea Corporation, a global online entertainment company and publisher of micro-transaction-based massively multiplayer online games, to manage and operate online games in South Korea.
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.