Tencent To Open WeChat Payment For Overseas Transactions
Chinese Internet giant Tencent has just announced that it will completely open the mobile payment service offered on its social messaging app WeChat to overseas transactions, making it much easier for...
Call For Entries For Gamefounders Accelerator Programme 2016
Given the success of the accelerator programme Cohort 2015, GameFounders have opened registrations for Cohort 2016. Game developers interested in the accelerator programme by GameFounders can now apply till 20th December...
Xurpas To Continue With Its Acquisitions In 2016
Xurpas, which acquired eight companies since it listed in December 2014, said it will continue with its acquisition spree at the same pace next year as it strengthens its foothold in...
Chinese Games in Korea: A Glimpse into 37Games ‘s Success
The Korean game market is currently valued at 2.4 trillion South Korean Won (KRW). According to Metaps's latest research in 2015, 70% of the most popular games in Korea originated from...
Kingsoft Announces 2015 Third Quarter Results
Yesterday Kingsoft announced its unaudited quarterly results for the three months ended 30 September 2015. During the period under review, the total revenue of Kingsoft increased by 18% quarter-over-quarter and 77%...
Former General Manager of Tencent Mergers & Acquisitions Appointed as Director Of Cheetah Mobile
Cheetah Mobile Inc. today announced the appointment of Mr. Zhaohui Jeffrey Li as a director of Cheetah Mobile and the resignation of Mr. Zhijian Peng as the director, effective immediately.
Mr. Zhaohui...
G-Star 2015 ended with Lowest Attendance Ever
The 2015 edition of G-Star kicked off last Thursday, with the largest number of participants in its 11-year history, but with the lowest attendance ever recorded. The four-day event features 633...
Microsoft’s Sydney Flagship Store Is The First Microsoft Store Outside Of North America
Microsoft's upcoming Sydney flagship store is the first Microsoft store outside of North America, and only the second flagship store opened by Microsoft. The Sydney store is breaking new ground for the...
Level Up Kuala Lumpur Opens Its Doors On November 18
In conjuction with the annual ASEAN Entrepreneurship Summit 2015 (1AES 2015) which will be held in Malaysia, Multimedia Development Corporation (MDeC) is organizing Level UP KL 2015, Southeast Asia’s regional premier convention for...
Japan To Strengthen Copyright Protections
The Cultural Affairs Agency is considering revising the copyright laws after Japan and 11 other countries last month agreed to strengthen protection of intellectual property rights as part of the Trans-Pacific...
NetEase Solid Q3 Results
NetEase reported better-than-expected third-quarter earnings. Revenue at NetEase jumped 114% from a year ago to 6.67 billion yuan, 19% higher than consensus estimates. Earnings per share came in at $2.24, well above...
Nexon Shutting Down South Korean Dota 2 Servers
It’s taken a little while, but Valve will finally be directly servicing their MOBA fans in one of the most mature and competitive eSports markets in the world after the South...
Asian Mobile Games Market Accounts For More Than Half Of Global Revenue
SuperData, a provider of market intelligence on playable media and digital games, its report, What Western Publishers Need to Know About the Asian Mobile Market 2016. Asia has 1.2 billion mobile gamers and...
2K China Office closed
Take-Two Interactive confirmed the closing its 2K China studio following the cancellation of Borderlands Online as GamesIndustry.biz reported. The Shanghai studio and offices were home to around 150 members of staff....
Alibaba Acquires Youku Tudou
Alibaba Group Holding Limited and Youku Tudou Inc. announced their entry into a definitive merger agreement pursuant to which an affiliate of Alibaba Group will acquire Youku Tudou Inc., a leading multi-screen entertainment and...
Tencent Uses Games to Beat China Slowdown
In China’s slowing economy, billionaire Ma Huateng is finding growth by supplying cheap entertainment to the masses. Smartphone games for the billion users of the WeChat and QQ messaging applications and...
Japan Is The World’s Largest Mobile Games Market
Asia has 1.2 billion mobile gamers and controls 55% of the $24.9 billion in worldwide mobile games revenue. The “Big Three” of China, Japan and South Korea currently control 90% of...
NCsoft Unveils Iron Tiger Studios
Korean F2P publisher Ncsoft officially announced the name of its new mobile gaming division, Iron Tiger. Iron Tiger is located in San Mateo, California, and is focused on developing original mobile games,...
US$2.4 Billion In Revenue in Southeast Asian for Online And Mobile Games By 2019
The market research company Niko Partners announced the availability of its 2015 Southeast Asian Games Market Report with Forecast through 2019 covering the six countries of Indonesia, Malaysia, the Philippines, Singapore, Thailand and...
Sony to launch virtual reality device for PlayStation
Sony Computer Entertainment, provider of PlayStation, said Wednesday it will launch a virtual reality head-mounted display compatible with the console in the first half of next year. With the launch of...
