Hangzhou-based webgame company Joyport recorded revenues of RMB 250 million from its webgame Kingory (“Rexue Sanguo”) in 2009, 163.com reported May 29 citing an interview with company Vice President Chang Sheng. Chang said Kingory is unlikely to repeat the explosive growth in earnings this year and expects Joyport’s business revenues this year will come...
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Joyport: Webgame Brings in Rev of RMB 250m in 09
Japanese SNS Game Co Plans China Arm
Japanese mobile social networking service (SNS) company Gree (3632.TYO) is planning to set up a Chinese subsidiary in either Beijing or Shanghai, 163.com reported May 31 quoting company chief financial officer (CFO) Naoki Aoyagi. The company is also looking for partners in the country,...
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CEO: Conngame to IPO in 3 Mths
Beijing Capital Land’s (2868.HK) acquired game subsidiary Shanghai Lianyou Network Technology (known as “Conngame”) is expected to issue an initial public offering (IPO) on the Nasdaq within the next three months, 163.com reported May 29 citing an interview with Beijing Capital Land President and...
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Update: Shanda Games Slates 6/17 “Dragon Nest” CB
Shanda Interactive (Nasdaq:SNDA) game subsidiary Shanda Games (Nasdaq:GAME) plans to begin large-scale closed beta testing of its licensed Dungeons and Dragons-themed 3D action MMORPG Dragon Nest on June 17,...
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Kingsoft’s Income Slumps 26% QoQ, 11% YoY
Kingsoft (3888.HK) generated net income of RMB 89.74 million in the first quarter of 2009, down 26% quarter-on-quarter and 11% year-on-year, the company reported May 25. Revenues for the...
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Perfect World to Release New “ZX2″ Version
Beijing-based online game company Perfect World (Nasdaq:PWRD) plans to release “Xin Shi Jie” (roughly: “New World”), a new version of its in-house developed MMORPG Zhu Xian 2 on June...
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