Japanese Authorities Inspect Line Over Game Item
Japanese financial regulators have raided the offices of the messaging app operator Line Corp., the company said Wednesday, over what a person familiar with the matter said was the use of tokens in one of its online games according to a report at BusinessInsider.
Line,...
Keywords Studios Buys Studio In Manila
Keywords Studios announced recently it has acquired Philippines-based Ankama Pte Ltd for an undisclosed sum. Keywords said Ankama's sole asset is a business in Manila which provides services to support games made by Ankama SAS, such as Dofus, Wakfu and Tactile Wars.
Under the deal, Ankama's live...
Clash of Kings Generated USD 372 Million In Revenue In 2015
Chinese Universe Publishing and Media Co., Ltd. recently announced its annual report of 2015. The report revealed that Elex Technology, the maker of Clash of Kings, made RMB 3125 million (USD 482 million) in revenue and RMB 323 million (USD 50 million) in profit for the...
Japanese Game Developer Valhalla Opens Studio In Vancouver
Japanese game developer Valhalla Game Studios, has moved its headquarters to Vancouver, Canada. Valhalla Games Studio was founded in Japan during the year of 2009 by heavyweight creatives Satoshi Kanematsu, and Tomonobu Itagaki. Former leaders behind titles such as Monster Rancher (Techmo), and Dead or...
IB Media Lauches Insidegameslatam.biz – The First Latin America Games Industry Business Network
Singapore based International Business Media announced today it has launched insidegameslatam.biz (IGL.biz), the first B2B Games Industry Network for Latin America.
InsideGamesLatam.biz is the news and intelligence platform providing insight into Latin America’s games industry markets with a focus on the key markets as Brazil and...
Gametop: Record Number of Free Casual Games Released in the 1st Quarter of 2016
The first three months of 2016 have been record-breaking for the casual games publisher Gametop.com, which is well known for free games that are downloadable for Windows and Mac platforms. On average, each week saw 2-3 new titles added to the ever growing catalogue...
Tencent Cloud Helps Chinese Enterprises Go Global
Tencent Cloud, the cloud business division of Tencent Holdings Limited, recently announced global support to provide cloud service to Chinese enterprises seeking overseas expansion.
Tencent Cloud has well-equipped data centers in North America, Hong Kong, and a soon to be completed one in Singapore to...
KongZhong’s Financials 2015
Chinese KongZhong Corporation announced the earnings results for Fiscal Year 2015 and Q4 last month. The company shares have rallied 30.82% in the past 52 weeks. On Jun 15, 2015, the shares registered one year high of $8.58 and one year low was seen on...
Black Desert Online To Draw 1 Million Paid Users Worldwide
Daum's multiplayer computer game "Black Desert Online" is expected to become one of Korea's most successful games launched overseas as it is drawing exceptionally favorable early responses in the North American and European markets. The game's local publisher, Daum Games Europe, said Black Desert Online...
Chinese Company Alibaba Announced USD 5.5 Million eSports Tournament
On Wednesday Alibaba announced they’re getting in on the action with the World Electronic Sports Games (WESG). WESG, which will be run by Alibaba subsidiary AliSports, will be a new Shanghai-based multi-game eSports tournament.
YuuZoo Corporation Limited, a leading global third generation social e- and...
Japanese Government Awards Its First-Ever Working Visas To Foreign Professional Gamers
There are a handful of jobs that quickly spring to mind for which foreigners can obtain a Japanese work visa. Language instructor is by far the most common, but skilled positions in banking and finance, as well as certain engineering disciplines, are also viable...
Nexon To Diversify Mobile Portfolio For Global Market
Nexon pledged to continue last year's growth in the mobile games sector by focusing on the global market, publishing and the use of popular game intellectual property according to a report at Koreatimes.
Thanks to the market success of mobile games such as "Heroes of...
Garena Raises USD 170 Million in Series D Funding Round
Southeast Asia’s largest internet and mobile platform company, Garena Interactive, announced the successful closing of its USD 170 million Series D funding round. The round was led by Khazanah Nasional Berhad (“Khazanah”), the strategic investment fund of the Government of Malaysia.
“We are proud to welcome Khazanah...
Netmarble’s Localized Mobile Game Hits Big In Japan
Netmarble Games, South Korea's leading online game developer and publisher, has landed a hit in Japan with its "Seven Knights," marking a success in its localization strategy, the company said Tuesday.
"Seven Knights," released in Japan on Feb. 5, ranked No. 7 in sales as...
Message Service Line To Enter Mobile Carrier Business In Japan
Line Corp., which offers a popular mobile message and online voice-call service, is entering the mobile carrier business in Japan, promising to underprice competition as it grows its platform for news, music, games, live streaming and online shopping.
Tokyo-based Line, founded five years ago, already...
NHN Etertainment Eyes Facebook Patent War
Korean online game developers have often fallen prey to patent trolling. U.S. 3-D content firm Worlds.com filed a lawsuit against Korean game developer NC Soft in 2008, claiming the latter violated the U.S. firm’s patents for communication technology in the virtual space, while U.K game...
Nintendo Of Korea Lays Of 80% Off Its Staff
Nintendo of Korea has laid off nearly 80% of the its 60 member team and has plans to relocate sometime soon according to the Korean website INVEN.
The state of Korea’s gaming market is heavily favored towards mobile and online gaming services such as Starcraft,...
Ubisoft Opening New Studio In The Philippines
Ubisoft’s international reach is about to extend a little further in the coming months with the establishment of a new production studio in the Philippines. Scheduled to open in the second quarter of 2016, Ubisoft Philippines will hire up to 50 people in its...
Netmarble To Seek IPO On Local Main Bourse
Netmarble Games, South Korea's No. 1 mobile game developer and publisher, is expected to seek listing on the country's main bourse instead of on the tech-heavy KOSDAQ or overseas, sources said Friday. The company's market capitalization is estimated at approximately 10 trillion won (US$8.57 billion),...
Bandai Namco Opening VR Experience Area In Tokyo
Bandai Namco will open a virtual reality experience area called “VR Zone: Project i Can” in Tokyo April 15 until mid-October, Bandai Namco announced.
The VR Zone will act as a virtual reality research facility where Bandai Namco can gain feedback from users to pursue...
