Sega among companies bidding in auction for Atlus assets
Circa 200 billion JPY in auction bids filed with the Tokyo District Court last week included Sega Sammy among the 20 companies looking to purchase the assets of Index, bankrupt parent...
Asiasoft to host Chaos Online SEA tournament
Thai publisher Asiasoft has announced a Chaos Online regional championship, to run from August to December this year. The tournament will be open to players from Thailand, Singapore, Malaysia, Vietnam and...
Konami’s sales and profits decline in a quiet period
With no major releases in the first financial quarter, Konami reported revenues for the period of 45.6 million JPY, down 7.2 per cent year on year, and operating profits of 1.5...
Shanda Games announces acquisitions valued at US$811.5M
Leading Chinese game developer and publisher Shanda Games has announced an agreement to acquire affiliates Shanghai Shengzhan Networking Technology and Tianjin Shengjing from parent Shanda Interactive Entertainment in a transaction valued...
Messaging app GupShup adds nine local languages in India
GupShup has announced the roll out of nine Indian languages for users of the company's mobile messaging app in India: Hindi, Bengali, Gujarati, Kannada, Marathi, Punjabi, Malayalam, Tamil and Telugu. The...
China’s Internet user base reaches 591M
The China Internet Network Information Center (CNNIC) announced in a report this week that internet users in China grew to 591 million as of the end of June 2013, up 26.56...
New VN Internet regulations from September
Vietnam's Ministry of Information and Communications (MIC) has announced new Internet, social networking and gaming regulations covering online management, licensing and copyrights in the country. The new laws go into effect...
Sony’s hardware revenues down, mobile and software sales up
Sony released their first quarter financial report for 2013, revealing that sales grew by 13 per cent to 1.712 trillion JPY, with net profits of 3.48 billion JPY (US$35.38 million); a...
Earnings rise as Sega’s move to digital pays off
Sega Sammy has announced first quarter revenues of 90.7 billion JPY, up 29.6 per cent from last year, with profits of 12.9 billion JPY, up 408 percent from the same period...
Kakao game platform hits 30M players
Korea’s Kakao game platform has acquired 30 million players, according to Kakao's Eric Choi. The platform is part of the Kakao Talk mobile messaging service, with 100 million users and available...
Nintendo reports only 160,000 Wii U consoles sold last quarter
Nintendo’s latest financial report reveals that the company sold just 160,000 Wii U consoles for the period from April to June this year.
Wii U sales have dropped sharply since 3.06 million...
Giant to launch PLA’s controversial military sim in China
Glorious Mission Online, a 'Call of Duty' style game created by the Chinese military in 2011, will be released online in China this month by game publisher Giant Interactive.
"The online version...
ChinaJoy 2013 visitor total tops 200,000
The eleventh annual ChinaJoy game show came to a close on Sunday, and the organisers have announced total attendance figures of 201,112 during the four day event in Shanghai.
ChinaJoy 2013 featured...
Capcom profits down 37 per cent with few releases in Q1
Capcom has announced first quarter revenues of 17.4 billion JPY for 2013, down 6.2 per cent from the same period last year, with profits of 828 million JPY, a 37.3 per...
Nexon invests in US game studio Rumble Entertainment
Korean online gaming publisher Nexon has announced a cash investment in exchange for a minority stake in US developer Rumble Entertainment, maker of F2P social titles for hardcore gamers on multiple...
Tencent retains stake in Activision Blizzard
Activision Blizzard recently announced that the company will spend US$5.83 billion to repurchase stock from parent Vivendi. As a 6 per cent strategic stakeholder in Activision Blizzard, Chinese Tencent is also...
SEA’s Garena to release League of Legends in Indonesia
Southeast Asia's largest game publisher and online gaming service provider Garena has announced the upcoming release of League of Legends (LoL) in Indonesia.
Garena Indonesia's CEO Zhou Junjie said in the...
ChangYou reports second quarter earnings rise of US$182.4M
As ChinaJoy concluded in Shanghai, ChangYou reported financial results for the end of the second quarter, with revenues of US$182.4 million, a quarterly increase of 24 per cent and 3 per...
Inquiry concludes that AU pays inflated prices
A government committee has investigated accusations that Australians pay significantly higher prices than consumers overseas for games and other IT products. The committee’s report, released today, includes extensive consumer submissions and...
Sun Taihu on Snail’s transition to new platforms
Snail's Assistant CEO Sun Taihu said during ChinaJoy that the company's transition to new platforms is not solely focused on mobile games, but part of the company's planned expansion in several...
