37 Interactive Entertainment No.18 On the Top 100 Chinese Internet Companies

Ever since the beginning of 2015, 37 Interactive Entertainment has expanded its business scope from games to the all-round entertainment market. Applying the company's core strategy, "Integration, Globalization and Diversification", 37...

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,...
Sony PlayStation 4

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...

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...

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...
Line

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...
video

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...

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...

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...
video

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...