China’s Game Industry Annual Conference 2012 was just held in Suzhou and the comprehensive Chinese game industry report for 2012 was released during the conference.
Chinese Internet company Xunlei announced that its search service Gougou.com will soon terminate operations.
Chinese online game developer and operator Shanda Games and Japanese video game develop Square Enix jointly held a press conference in Seoul, South Korea, to announce that the two parties will implement strategic cooperation in mobile game sector.
Chinese Internet company NetEase.com has confirmed that its game channel has been separated from its portal system and merged into the company’s game business department.
Blizzard Entertainment and NetEase.com, the operator for World of Warcraft in mainland China, have jointly announced that Mists of Pandaria, the fourth expansion of World of Warcraft, will open in mainland China on October 2, 2012, realizing global synchronization for the first time.
Social networking site Renren.com announced that it will work with Singapore game developer Nubee to jointly provide Nubee’s Japan Life to users of Renren.com in China.
Ma Mingzhe, chairman of Ping An Insurance (Group) Company of China, Ltd, confirmed to Chinese local media that the company has cooperated with Alibaba Group and Tencent Group in the establishment of a new insurance joint venture for Chinese consumers.
Roy Rong, chief financial officer of Chinese Internet company UCWeb, revealed during an interview in Bloomberg’s office in San Francisco that the company plans to launch its initial public offering in 2013.
Wang Xiaochuan, chief executive officer of Sogou.com, said that the company’s revenue from search engine, website navigation, and games were USD22 million, USD7 million, and USD1 million, respectively, in the second quarter of 2012.
Online game company Blizzard Entertainment Inc. says there was unauthorized access to some Battle.net account information, but Chinese players appear unmolested.
Chinese Internet company NetEase.com has a new online game accelerator product named UU, and the company said it will provide the service to users for free.
Chinese social networking giant Tencent has acquired a minority stake in U.S. game company Epic Games.
UCWeb, Chinese provider of mobile Internet software technology and browser services, confirmed that the company has acquired 9game.cn, a mobile games platform, and it plans to build an open platform for mobile Internet games.
Chinese online game developer and operator Shanda Games Limited has published its unaudited financial report for the first quarter ended March 31, 2012, and said the company will repurchase up to USD100 million American depositary shares during the next 12 months.
Chinese tech titans Tencent and Kingsoft will soon begin operating their online games together.
Chinese online game developer and operator Shanda Games has reached an agreement with Trion Worlds to operate its online game Rift in mainland China.
Chinese Internet company Tencent Holdings Limited has announced that it will invest USD26.95 million to acquire 49% of the issued shares of Level Up.
Chinese Internet security software provider Qihoo 360 announced that its 360Safebox software will be integrated into Uuu9.com, a Chinese portal for gaming information.
Information from China Game Industry Annual Conference held in Xi’an, capital of Shaanxi province, revealed that the market scale of the Chinese game industry reached CNY44.61 billion in 2011, a year-on-year increase of 34%.
Chinese online game developer and operator Changyou.com Limited and its majority shareholder Sohu.com Inc. have jointly announced that the two parties have entered into a definitive agreement under which Changyou.com will acquire 17173.com, a leading gaming information portal in China, from Sohu.com for USD162.5 million.
Perfect World Company Limited, an online game developer and operator in China, has formed a new joint venture with Nexon Korea Corporation, a global online entertainment company and publisher of micro-transaction-based massively multiplayer online games, to manage and operate online games in South Korea.
Chinese Internet firm NetEase.com Inc. announced its unaudited financial results for the second quarter ended June 30, 2011.
Chinese online game developer and operator has announced that it has invested EUR35 million to acquire a 100% stake in Cryptic Studios, an online game developer owned by Atari.
Chinese wireless value-added services and digital entertainment company KongZhong Corporation announced its unaudited first quarter 2011 financial results.
Chinese Internet company Tencent has gained the rights to operate Blade & Soul, a new online game developed by the South Korean company NCsoft, on the Chinese mainland.
Chinese online game and Internet services company NetEase.com Inc. announced its unaudited financial results for the first quarter ended March 31, 2011.
Chinese online travel service provider eLong Inc. reported its unaudited financial results for the first quarter ended March 31, 2011, and said Tencent made a strategic investment in the company.
Shanghai-based game developer UltiZen Games Limited has announced that it has acquired the Japanese game developer Red Entertainment Corporation Limited, but no financial details surrounding the transaction are currently available.
