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 …

Changyou Receives Non-binding Privatization Offer From Chairman

Chinese online game developer and operator Changyou recently announced that the board of the company has received an initial non-binding …

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 …

China’s Tencent Becomes Largest Gaming Company In The World

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 Gaming Market Revenue Reached CNY140.7 Billion In 2015

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 […]

Linekong’s Chinese Online Game Net Profit Down 44%

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 […]

China’s Alibaba Invests USD120 Million In American Mobile Game Company

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 […]

Is China’s Ban On Gaming Consoles Finally Lifting?

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 Acquires Two Companies From Parent

Shanda Games Limited has signed a final agreement with its parent company Shanda Interactive Entertainment Limited to acquire two subsidiaries from the latter.

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.

Tencent Eyes Integrated Mobile Gaming Platform

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 Acquires Remaining Stake In 7Road For USD78 Million, the online game subsidiary of, reached an agreement with all minority shareholders of 7Road aiming to acquire the remaining 28.074% stake from these shareholders for about USD78 million.

China’s Giant Appoints New CEO

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.

Shanda Games Appoints 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 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.

China’s Perfect World Sets Up Subsidiary In Malaysia

Chinese online game developer and operator Beijing Perfect World Network Technology Company Ltd. announced the establishment of a new subsidiary in Malaysia.

China’s Shanda Works With Square Enix For Mobile Gaming

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.

WoW’s New Expansion To Be Available In Mainland China On October 2

Blizzard Entertainment and, 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.

Blizzard’s Hack Appears To Not Affect Chinese Gamers

Online game company Blizzard Entertainment Inc. says there was unauthorized access to some account information, but Chinese players appear unmolested. Offers New Online Game Accelerator Product

Chinese Internet company has a new online game accelerator product named UU, and the company said it will provide the service to users for free.

Tencent Buys Minority Stake From American Video Game Company

Chinese social networking giant Tencent has acquired a minority stake in U.S. game company Epic Games.

China’s Tencent, Kingsoft Form Game Alliance

Chinese tech titans Tencent and Kingsoft will soon begin operating their online games together.

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

Chinese Internet security software provider Qihoo 360 announced that its 360Safebox software will be integrated into, 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%. Acquires Chinese Gaming Information Portal

Chinese online game developer and operator Limited and its majority shareholder Inc. have jointly announced that the two parties have entered into a definitive agreement under which will acquire, a leading gaming information portal in China, from for USD162.5 million.

China’s Perfect World Announces JV Plan With Nexon Korea

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.

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.