China’s Online Game Market to Reach $8 Billion by 2014 [Report]
According to a study by Pearl Research, game operators in China put up stunning revenue growth in 2010. The online games market grew 25% to $5 billion, and it is forecasted that in 2014 it will exceed...
View ArticleIn Chinese Online Gaming, 8.7 Billion RMB in Revenue, Tencent Still King
New figures for Q2 2011 show which Chinese tech companies get the biggest slice of the online gaming market in China, in terms of revenue. Total revenue in the industry is 8.7 billion RMB (US$1.36...
View ArticlePerfect World, Going Beyond Online Gaming, Invests $100 Million in VC Fund
Beijing-based game developer and publisher Perfect World (NASDAQ: PWRD) is to help set up a venture capital fund aimed at incubating small tech and media start-ups. Over the course of this decade,...
View ArticleNexon and Perfect World to Establish Joint Company
Hot on the heels of reports that South Korean online game publisher Nexon is eyeing what could be a $1.28 billion Tokyo Stock Exchange IPO, there’s news today that the company is partnering with...
View ArticleTencent’s Online Gaming Dominance Grows as Market Expands to $1.78 Billion
A seasonal survey of China’s online gaming market by Analysys International reveals some stellar growth up to the end of 2012 Q1 – and that Tencent (HKG:0700) has extended its lead as the country’s...
View ArticleChina’s Top 10 Tech Companies by Revenue
A Chinese research institute, in cooperation with authorities in Beijing, has compiled a list of China’s top 100 tech and web companies by revenue. Looking only at the top 10, it’s full of familiar...
View ArticlePerfect World Wins Rights to Operate DOTA 2 in China
Chinese game developer and operator Perfect World announced today that it has partnered with American game developer and operator Valve to become Valve’s exclusive China operator for DOTA 2, the sequel...
View ArticleRumor: MMO titan Perfect World could enter console games market with $49...
Chinese MMORPG giant Perfect World (NASDAQ:PWRD) plans to acquire the country’s largest gaming portal TGBUS for RMB 300 million ($49 million), according to Techweb (article in Chinese). Perfect World...
View ArticleBaidu boosts e-books offering with $31 million acquisition of rival site
Chinese search engine giant Baidu (NASDAQ:BIDU) is wrapping up a year of big acquisitions with yet another buy-out. This time the target is the e-bookstore Zongheng, formerly a subsidiary of gaming...
View ArticleTencent, Innovation Works cash out on a $434 million acquisition of a company...
Chinese Universe Publishing and Media Company bought a 100 percent stake in Elex Technology Company for RMB 2.7 billion.
View ArticleTencent's Online Gaming Dominance Grows as Market Expands to $1.78 Billion
A seasonal survey of China’s online gaming market by Analysys International reveals some stellar growth up to the end of 2012 Q1 – and that Tencent (HKG:0700) has extended its lead as the country’s...
View Article9 Asian PC games to look forward to in 2014
2014 is an exciting year for games, and Asian-developed games are no exception. I’m sure most of our readers are aware of some of the huge releases scheduled to be coming out of Japan this year, but...
View ArticlePhilippines: Level Up! Games Announces the beginning of it’s tournament season
Level Up! Games announced on it’s website the official starting date of the company’s annual series of tournaments. Tagged this year as Level Up! Pro Tour, the tournament will start Feb. 17, 2014. Ran...
View ArticlePhilippines: Level Up! Games revving up for the world stage with its Pro Tour
Level Up! Games’ push for the world stage is in high gear as the eliminations for its ongoing Level Up! Pro Tour are nearing the end of its first month. Players from across the Philippines are battling...
View ArticlePerfect World reports 11% rise in revenue, expects big things from Dota 2 and...
China’s Perfect World has reported its Q4 2013 and fiscal year 2013 results, and they’re pretty impressive. Revenue rose 11% from Q3 to Q4, beating the high-end of the company’s own forecasts for...
View ArticleYou may get a chance to play She Diao ZERO this summer
Chinese distributor Perfect World’s action MMO She Diao ZERO (射雕ZERO) is something we’ve been keeping an eye on for a while, and it even made our list of 9 Asian games to look forward to in 2014...
View ArticleChina's state-run TV runs a positive report about Dota 2
While gaming is extremely popular with China’s youth, it doesn’t always get portrayed in a positive light by the nation’s media. And with high-profile gaming-related murder cases popping up frequently...
View ArticlePerfect World to publish God of Destiny MOBA in China
Wayi Entertainment has named Perfect World as the Chinese publisher of its MOBA game, God of Destiny. The Taiwanese company’s game will be the third MOBA under Perfect World, the first two being the...
View ArticleNeverwinter Online will be an Xbox One launch title in China, along with 19+...
The Xbox One’s China launch is getting closer every day (most recently, the console officially got its domestic 3C approval). And as September draws near, we get more information about how the device...
View ArticleReport: EA wants a China partner for Titanfall, Tencent first in line
Titanfall, the biggest shooter of the year thus far, still hasn’t been released in China. And though a Chinese version of the game will be coming to the Chinese Xbox One and to PC in the Middle...
View ArticlePerfect World reports $149 million in Q2 revenue
While it may not have earned as much as Tencent ($1.8 billion) or Netease ($377 million) from online games in Q2 2014, China’s Perfect World is no slouch. The company is reporting Q2 revenues of RMB...
View ArticleConsoles may no longer be banned in China, but there are still troubles ahead
Locals in China refer to its infamous console ban as “thirteen frozen years”, measuring it by the start of the ban in 2000 to the opening of the Shanghai Free Trade Zone in 2013. Others prefer to call...
View ArticleChina is warming up to VR, but big tech firms have yet to make a move
All the hype around virtual reality (VR) is starting to rub off on me. Like most people, I was skeptical of the Oculus Rift as a mass consumer product when it surfaced on Kickstarter. When Google...
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