Categories: Social Media News

China’s Tencent, Kingsoft Form Game Alliance

Chinese tech titans Tencent and Kingsoft will soon begin operating their online games together.

Kingsoft and Tencent are reportedly planning to jointly operate JX3 Online, the flagship game product of Kingsoft. JX3 Online started public beta test in August 2009 and has been jointly operated by Kingsoft and Shanda since May 2010.

Previously, Tencent and Kingsoft reached an investment agreement, in which Tencent gained a 15.68% stake in Kingsoft for HKD892 million. At the same time, Tencent implemented a strategic investment in Kingsoft’s independent Internet security subsidiary Kingsoft Network. With that cooperation, Kingsoft’s security products would be available on Tencent’s open platform, and the two parties would share the cloud security platform. They said at that time that they would establish a long-term partnership to jointly provide an Internet security solution for users while implementing wider and deeper cooperation in application software and gaming sectors.

For Kingsoft Game, its President for Operations Wu Yimin resigned at the end of 2011, and the duty was taken over by Zou Tao, chief executive officer of Kingsoft’s Seasun Game Studio.

Social Media Asia Editor

Recent News

Dabawenyos nabalaka kang VP Sara

PIPILA ka mga Dabawenyo ang nabalaka sa kahimtang karon ni Vice President Sara Duterte sanglit…

20 hours ago

Donald Trump took more time to settle on a treasury secretary

WASHINGTON — President-elect Donald Trump launched a blitz of picks for his Cabinet, but he…

1 day ago

The cult of the ‘Spoons’: Inside the spartan, cavernous pubs that divide Britain

Editor’s note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get news about…

1 day ago

US moves to ramp up army engagements with Fiji

(UPDATE) SYDNEY, Australia — The United States and Fiji have started work on a key…

2 days ago

P&G doubles down on China shopping app

NEW YORK — Procter & Gamble (P&G) has been revamping its marketing and lineup of…

2 days ago

The White Room Gallery ends vibrant year with thanksgiving exhibit

After holding major exhibitions — "ScreenScapes" and "Painting Through the Waves of New Media" in…

2 days ago