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Perfect World Creates China’s Largest Ever Movie and Game Conglomerate

Perfect World Pictures, a Chinese producer of films and television programs, announced, 2016, that the listed company has been formally renamed Perfect World Co., Ltd., a move signifying that Chinese video game company Perfect World is officially returning to the Chinese A-share market after...

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 Interactive Entertainment has developed rapidly in most of its business areas, and has...

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 Shunwei Capital. Baobao claims to have 400,000 daily active users, mostly under 25 years...

China Is The Leader For iOS App Store Games Revenue

This quarter’s iOS app store games revenue index brings a new leader to the iOS App Store’s Game category accordig to a report from AppAnnie. China has climbed to the number one spot, surpassing the US which was previously leading the pack. It was...

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 weren’t disclosed. Rumors said the deal is valued at around US$200 million. “Both companies...

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 about three to six months, says Henry Guo, analyst at equity research firm...

Pokemon-Mania Vindicates Nintendo’s Mobile Game Shift

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With Pokemon-mania sweeping the planet, Nintendo’s nascent shift into mobile gaming has proved a massive hit, vindicating the Japanese videogame giant’s decision to unshackle itself from a long-standing consoles-only policy. Since its release last week, smartphone game Pokemon Go has been winning legions of fans...

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 firm, China Music Corp., at roughly $2.7 billion and creates a dominant competitor...

South Korean Game Industry Facing Crisis

It has been found that Overwatch recorded a share of 32.04% in the South Korean online game market on July 9. League of Legends followed it with 25.29%. Meanwhile, the combined market share of South Korean games on the top 10 list was 19.90%.  “Such...

Five Important Facts About China’s Mobile Games Market

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As the quality of China’s smartphones keeps on rising, so are the possibilities and developments within China’s mobile gaming market. China’s average mobile user owns a relatively cheap but high-performance mobile phone, which enables them to play mobile games. What makes the market so interesting for...

ChinaJoy Adopts Strict New Rules

Chinajoy, Asia's largest games expo, might be a bit less joyful for some this year with the imposition of strict new rules to ensure proper decorum is maintained. The organizer of the four-day event, Howell International, said they hope the new rules will shift...

NC Soft Published First Gaming Dictionary

NCSoft
The first dictionary that explains 2,188 pieces of gaming jargon has been published by Hainaim Publishers and was developed by NC Soft Cultural Foundation. The book is titled “Game Dictionary.” If the word “dealer” makes you think of a casino, and if “roaming” brings to...

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, North America and Europe. Adam Levenson will have overall responsibility for business development and...

TGS: Sony To Take Lead – Microsoft Not Attending

Tokyo Game Show is a little over two of months away, but its organizer Computer Entertainment Supplier's Association has already confirmed the exhibitors. As early as now, Microsoft is already a sure "no-show" in the event. Tokyo Game Show will run from Sept. 15 -...

China’ s Mobile Game Market To Triple In Size, With Tencent Out In Front

China’s mobile gaming market may triple in size within three years, which could push the value of shares in market-leader Tencent Holdings to record highs, according to analysts. The overall internet games sector has been expanding rapidly over the past five years, and was worth...

China’s Top 100 Listed Companies Of 2015, 37Games No.16

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37Games made the list at No. 16 of China's Top 100 Listed Companies of 2015 due to its excellence in management and product innovation. It is the first time ever that the number of private enterprises on the list surpassed that of state-owned companies. Meanwhile,...

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 and hardware suppliers, according to analysts. While uncertainties remain on how “Brexit” will be...

WSJ: PS4 Neo And PS4 Slim To Be Revealed During Tokyo Game Show

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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 release in October of this year, which means that we should be hearing...

HTC is Building In Asia A VR Ecosystem And An Accelerator

With well over 150 games already available, HTC has no shortage of content for the Vive. But the Taiwanese company has big plans to bring even more support to the platform in the near future. HTC hosted a press conference in Beijing, where it made...

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 search industry. He builds and executes elaborate business plans and few at the portal...