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...
Alibaba Acquires Chinese Android App Store Wandoujia
It’s been a few days for the rumor of Alibaba to acquire Chinese Android app store Wandoujia. Now Wandoujia confirmed the news and it would join Alibaba Mobile Business Group. The financial details...
Netease: 600 Million Mobile Users In China
China's NetEase is focused on pumping out game after game -- and for good reason. Blockbuster hits aside, most mobile games have a relatively short shelf life, with their popularity lasting from...
Tencent Buying China Music Corp. – Creating Streaming Giant
China’s Tencent is understood to have acquired control of China Music Corporation. The company owns two of China’s leading music streaming businesses, Kugou Music and Kuwo Music.
A deal that values the...
Adam Levenson Joins Tokyo Based CRI Middleware
CRI Middleware, the leading provider of cross-platform audio and video solutions for interactive media, announced another step in its global expansion strategy with the hiring of Adam Levenson as General Manager,...
China’s Tech Giants Face Mixed Fortunes Amid Brexit Fallout
The fortunes of mainland China’s largest information technology companies could take some odd turns as the impact of Britain’s vote to exit the European Union will differ for internet services firms...
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...
The Men Behind Naver’s Dizzying Success
Reserved and meticulous. These are some of the words often used by those close to Naver’s founder and board chairman Lee Hae-jin, who is regarded as a pioneer in Korea’s web...
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,...
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...
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...
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...
