According to published reports, the revenues of Dream Group’s social networking game is more than 10 million Yuan ($1.5 million) per month. Dream Group also plans to invest 30 million Yuan ($4.6 million) into mobile game industry.
On April 24th, Shanda (SNDA) officially released the agent mobile game “My Country”. SNDA plans to release several mobile games, which includes MMO games transplants and licensed games. The company said it is building an platform for mobile games and has recruited some people to develop mobile games.
Chinese gamer website 17173.com released findings from a 500,000 person survey questionnaire. In 2011, 66.5% of China’s players thought that game character and skill was the first criterion they used to choose games.
Pearl Research and its sister site Redline is pleased to be a media supporter of “Casual Connect Asia 2012 “. The Casual Games Association, the international trade organization of the casual games industry, announced that Casual Connect Asia 2012, the world’s largest mass market games conference series, will take place 22 – 24 May 2012 in Singapore. To register, please visit http://asia.casualconnect.org/registration.html
Venture capital investors are increasing their focus on ventures in China and India, according to Ernst & Young's Global Venture Capital insights and trends report 2011. Currently, only about 20% of VC firms in Brazil, India, Israel and the UK invest outside their home countries. However, a majority of VC firms in Canada (69%)v and the U.S. (49%) invest internationally.
DeNA, a Japanese Mobile social gaming platform operator, and The Walt Disney Company (Japan) have announced today that the companies have agreed to bring mobile social games through DeNA Group’s Mobage social gaming platform. The two companies launched their first jointly developed social game, Disney Party, on March 28 on the Mobage network in Japan, which currently serves over 35 million in the country. DeNA and Disney plan to launch their second title, Disney Fantasy Quest, on April 2, and the third title based on Marvel Comics characters this summer in Japan.
NetEase said that the 3D turn-based Game “Chuang Shi Xi You” will be stopped on March 19, 2013. On the official website of “Chuang Shi Xi You”, NetEase explained that this adjustment was due to changing business conditions.
Blizzard Entertainment, part of Activision, and NetEase.com said that they will continue their existing cooperation on Blizzard Entertainment's World of Warcraft in mainland China. The new license will continue for an additional three years following the expiration of the current license agreement. In addition to World of Warcraft, Blizzard Entertainment and NetEase's existing partnership covers Blizzard Entertainment's Warcraft III and StarCraft II, as well as the Battle.net gaming platform. Financial details were not disclosed of this new agreement.
Youku Inc. (NYSE: YOKU) and Tudou Holdings Limited (NASDAQ: TUDO) said today that they have signed a definitive agreement for Tudou to combine with Youku in a 100% stock-for-stock transaction valued at $1 billion.
Qihoo 360 will launch a PC Version of Rovio's "Angry Birds Space" on its 360 Desktop staring on March 22, 2012. A mobile version will also be offered on Qihoo 360's mobile platform thereafter.