Tencent Increasing Presence In Korean Game Market

Tencent, which recently took over Supercell is increasing its clout in the South Korean online and mobile game industries. The Chinese portal services firm has invested in more than 10 game companies...

Malaysia’s Youth Are Overall Digital Frontrunners, Mobile Apps Are Important Communication Service

Malaysians consider mobile apps to be the most important communication service available to them on a mobile phone, with high usage of internet communications, revealed Telenor Group in its Digital Frontrunners...

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...

Tencent Almost Reached An Agreement On Buying Majority Stakes In Supercell

Tencent has almost reached the agreement with Supercell, the Finnish online game company, on buying majority stakes in Supercell, which is estimated worth of over US$9 billion, as Reuters cited sources. Tencent...
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Japanese App Line Brings In USD 270 Million Per Year Selling Stickers

Japanese messaging app Line has reported earnings of over $20 million a month from the sale of stickers, reports TechCrunch and Inquisitr. They are usually sold in sets of 12 to...

Tencent Looking To Buy Stake In Supercell

Tencent is discussing the purchase of SoftBank Group’s majority stake in Supercell in a deal that may value the Finnish game maker at USD $9 billion, higher than previously thought, according...
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Warcraft Shatters IMAX Opening-day Box Office Records

IMAX China announced that Warcraft, released by Legendary Pictures, scored a record-setting opening day in 290 IMAX theatres across China with box office of USD 5.33 million (RMB 35 million). The new...

Senator Manny Pacquiao Acquires A Stake In GToken

The crowdsourced mobile games publisher and advertising platform, GToken, has announced that the World Champion Boxer and Philippines Senator, Emmanuel "Manny" Dapidran Pacquiao, has acquired a meaningful stake in the Singapore...

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...

Kakao Is Teaming Up With Nox App Player To Make Mobile Games Available On...

South Korea's chat app operator Kakao is teaming up with Android app emulator Duodian Network to make popular mobile games such as Friends Run, Seven Nights, and Friends Pop available on...

Nielsen: Gamers In China And Latin America Have The Heaviest Preference For Freemium Games

It’s now 2016, and gaming has firmly moved out of the basement and into the living room–and beyond. In fact, more than half of the population in the world’s industrialized countries...

Gamefounders Increased Seed Capital For Asia Fall 2016

GameFounders will increase its investment size by almost 50% to $25,000 and extend the deadline for the Fall 2016 intake to June 20 so more studios can take advantage of the...

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...
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Blizzard’s Overwatch Debuts In Korea’s Top 3 While League of Legends Is Top 1

According to data from Korean gaming market researcher Gametrics and a report at Koreatimes, Blizzard Entertainment's new first-person shooter (FPS) "Overwatch" had an 11.7 percent market share, surpassing Nexon's "FIFA Online...
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Minecraft Is Coming To China on Mobile and PC Via NetEase

Soon Chinese Minecraft fans will be able to create and explore their very own worlds limited only by their imaginations. Microsoft, Mojang and NetEase, Inc. today announced a five-year exclusive agreement...

Funplus Announced Investment In Singapore Mobile Game Studio XII Braves

Beijing based FunPlus, the publisher of top ranking game Dot Arena and worldwide leader in social games, recently entered into a longterm strategic partnership with mobile game studio, XII Braves. The multimillion investment by...

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...

Tencent Unveiled A Windows 10 Based Game Console In China

Tencent, Intel and Haier jointly unveiled the Tencent Games Platform (TGP) BOX at the Consumer Electronics Show (CES Asia) held in Shanghai last week. It's a Windows 10-based game console that can...

To Prevent Media Bubble, China Could Tighten Investment Rules

In a bid to head off a speculative bubble, China’s securities regulator is set to bar companies from selling new shares to fund investments in film and television, online gaming, Internet...

iCandy Interactive Surging Forward With It’s Subsidiary Appxplore

It’s been just a few months since the Initial Pubic Offering (IPO) of iCandy Interactive on the Australian Securities Exchange (ASX) and it has already hit the ground running. iCandy Interactive is...