Virtual Reality to Generate USD 2.3 Billion in Revenue This Year
US market research company IDC (International Data Corporation) has identified that virtual reality would generate $2.3 billion in revenue this year in the global market.
While VR has driven much of the recent hype,...
Prince of Saudi Arabia levels his Dota2 Battle Pass near USD 10K in only...
The 2020 Dota 2 Battle Pass has been out for only two days, and yet the prize pool for The International 10 has reached 8 digits. It’s not surprising...
Pokémon has announced it will be hosting Pokémon Virtual Fest
Pokémon Virtual Fest will boast rides based on Pokémon, as well as shows and footage of Pokémon Sword and Shield battles (via Go Nintendo). Users will get to enjoy...
Singapore Based Cloud Alliance Got Series A Investment From Aetius Capital
Riding the wave of a booming mobile games industry, Singapore-based private investment firm, Aetius Capital, has successfully closed a USD5 million Series A funding for Cloud Alliance.
Cloud Alliance is a Singapore-based...
Animal Crossing predicted to be Switch’s best-selling game in Japan
Famitsu, a Japanese games magazine, released its sales chart figures for April 20 to 26, revealing that Animal Crossing: New Horizons achieved a sales record in Japan. The game sold an estimated 283,913...
Netmarble One Of The Most Lucrative Mobile App Company In The World
Netmarble Games Corp. estimates it will bring in $1.6 billion in revenue this year, making the South Korean company one of the most lucrative mobile app firms in the world. But to...
Gaming and fitness rolled into one challenge
Move To Game”, an innovative online tournament combining gaming and physical activity, has been launched by the Saudi Sports for All Federation (SFA) and the Saudi Arabian Federation for...
Four out of Five American Households Own a Device Used to Play Video Games
More than 150 million Americans play video games, according to new research released today by the Entertainment Software Association (ESA). The Report, 2015 Essential Facts about the Computer and Video Game...
‘We Are The Dwarves’ Will Release In February For PC In Asia
‘We Are The Dwarves’ is a new action-RPG with an unique setting and story. Opposite to the real Universe we know, everything is inverted here: the void is replaced by endless stone,...
Tencent Invests In Live Streaming App BaoBao
Baobao, a digital video streaming social media platform, secured $15 million (RMB 100 million) in a series B+ round joined in by Meridian Capital China, Tencent Holdings Ltd, GGV Capital and...
WSJ: PS4 Neo And PS4 Slim To Be Revealed During Tokyo Game Show
Sony has confirmed the existence of the next iteration of the PlayStation 4 console, codenamed Neo. They haven't revealed much on it. The most recent rumors have put the new console's...
Keywords Studios Buys Studio In Manila
Keywords Studios announced recently it has acquired Philippines-based Ankama Pte Ltd for an undisclosed sum. Keywords said Ankama's sole asset is a business in Manila which provides services to support games made by...
Netmarble Moves To New Office Building In 2019
Korean online game publisher Netmarble Games has signed an agreement with Korea Industrial Complex Corporation to establish a new complex in Guro District, southwestern Seoul, Netmarble said yesterday.
The digital industry complex,...
China: Tech Companies Flip Copycat Image
The conventional view of China’s tech industry has long been that local companies mimic American tech giants without innovations of their own, achieving success with borrowed products in a market where...
Chinese DeePoon Gears Up For Wireless VR Market Boom
Chinese virtual reality hardware manufacturer DeePoon held a press conference last week, rolling out its blueprint on building a domestic VR development platform for both industry developers and content providers.
Three major perspectives...
New Law In China Delays Launch Of Mobile Games By A Month
To put this news into perspective, the State Administration of Press, Publications, Radio, Film, and Television (SAPPRFT) are scrutinizing mobile games in China. On Thursday last week, the government organ issued new...
iCandy Is Set To Be The First Mobile Games Company To IPO From Southeast...
Malaysia-headquartered mobile games studio iCandy Interactive Limited, en route to listing on the Australian Securities Exchange (ASX) in two weeks, has completed the capital raising for it initial public offering (IPO). The...
Nodwin Gaming and Airtel join hands to take esports in India to the next...
Nodwin Gaming and Aitel has entered into a strategic partnership to further the growth of esports in India. The partnership has been kicked off with the launch of Airtel...
Australia’s Games Industry: Another Year Of Strong Growth
The Australian Interactive Games & Entertainment Association (IGEA) has announced another year of strong growth, with sales of interactive entertainment reaching AUS $2.83 billion in 2015. The continuing trend of double digit...
Asia-Based Fifth Journey’s Strategic Partnerships With Hollywood Companies
Hong Kong-based mobile entertainment company Fifth Journey has signed a strategic partnerships to develop mobile games, interactive entertainment and virtual reality experiences with Universal Pictures, Lionsgate and Metro-Goldwyn-Mayer Studios (MGM). The partnerships...
