Chinese online game developer and operator The9 has announced with smartphone maker Sony Ericsson that starting this month The9 will be the exclusive operator and technical supporter for Sony Ericsson's PlayNow application store in China. PlayNow application store provides mobile application programs as well as entertainment resources like ringtones and themes for users of Sony [...]
Rovio Eyes IPO In Hong Kong In 2013
23 December 2011
Rovio, developer of the gaming application Angry Birds, reportedly plans to launch IPO in Hong Kong in 2013. According to reports in Finnish publication Tekniikka & Talous, Peter Vesterbacka, chief marketing officer of Rovio, revealed that Rovio hopes to become a media company with market value similar with Disney, whose market value is about USD65.3 [...]
Slow Growth In China For KongZhong's Internet Games And Mobile Services
25 May 2011
Chinese wireless value-added services and digital entertainment company KongZhong Corporation announced its unaudited first quarter 2011 financial results. Total revenues for the first quarter of 2011 increased 11% quarter-over-quarter to USD40.1 million. Net loss in for the quarter however was USD0.46 million, including a change in the fair value of the Dacheng contingent consideration of [...]
Netease COO Exits As Chinese Internet Company Shows Sequential Revenue Drop
19 May 2011
Chinese online game and Internet services company NetEase.com Inc. announced its unaudited financial results for the first quarter ended March 31, 2011. Total revenues for the first quarter of 2011 were CNY1.5 billion, compared to CNY1.7 billion and CNY1.2 billion for the preceding quarter and the first quarter of 2010, respectively. Of that total, revenues [...]
Tencent, Intel, Razer Form Strategic Partnership For Handheld Devices In China
19 April 2011
Chinese Internet company Tencent has formed a strategic alliance with Intel and Razer to develop a new RazerSwitchblade handheld device with Tencent's games. The concept product of RazerSwitchblade adopts the Windows 7 operating system and Intel Atom processor. It has a 7-inch multi-touch screen and tactile dynamic keyboard. It also pre-installs some gaming products of [...]
China Unicom Unveils Linux Smartphone System To Rival Apple's iOS
03 March 2011
Chinese telecom operator China Unicom, which currently is an official reseller of the Apple iPhone, has launched its self-developed smartphone operating system, Wophone, which the company claims to be the first smart terminal operating system with independent intellectual property rights in China. China Unicom reportedly started the development of the operating system and the basic [...]
The9 Tries Mobile Internet Investing To Revitalize Its China Business
22 December 2010
Months after reporting sliding revenues and losing valuable relationships, Chinese online game company The9 is trying to rejuvenate itself via a deal to invest in mobile startups. The9 has reportedly entered into a non-binding memorandum of understanding with Chengwei Ventures, ChinaRock Capital Management and China Renaissance K2 Ventures to form a USD100 million investment fund [...]
Giant Will Launch New Chinese Mobile Phone Game
21 December 2010
The Chinese entertainment company Giant will soon launch the mobile phone version of its online game, ZT Online. According to reports in local media, this is reportedly the first time for Giant to launch a mobile phone game and the company will soon unveil this new product to its cooperation partners in Shanghai. Unlike common [...]
The9 Plans To Introduce OpenFeint Into China
29 October 2010
Chinese online gaming firm The9 has announced that it plans to introduce the game-oriented social networking site OpenFeint into the Chinese market before the end of 2010. At the beginning of July 2010, The9 reached an investment agreement with Aurora Feint, an American mobile game developer and the developer and operator of OpenFeint, and the [...]
Sohu.com Reports Higher Internet Advertising Revenue, But Drop In Wireless Services
26 July 2010
Chinese online services company Sohu.com Inc. today reported unaudited financial results for the second quarter ended June 30, 2010. Total revenues for the second quarter ended June 30, 2010 were USD146.1 million, up 15% year-over-year and 13% quarter-over-quarter. Of that total, brand advertising revenues totaled USD53.2 million, up 22% year-over-year and 35% quarter-over-quarter, and online [...]
China's Shanda Games To Launch Products For iPhone, iPad In 2010
28 June 2010
According to Tan Qunzhao, chairman and CEO of the Chinese online game developer and operator Shanda Games, the company plans to launch several games for Apple's iPhone handsets and iPad tablet computers in the third quarter of 2010.
According to reports in local media, Tan explained that these games will mainly target overseas users. Because Apple [...]
QoQ Internet Advertising And Wireless Revenues For NetEase.com In China Fall
20 May 2010
Chinese mobile services and Internet portal company NetEase.com Inc. announced its unaudited financial results for the first quarter ended March 31, 2010, and stated its total revenues for the first quarter of 2010 were CNY1.2 billion, compared to CNY1.3 billion and CNY781.7 million quarter-on-quarter and the first quarter of 2009, respectively.
Revenues from online games were [...]
Linktone Provides Insight Into Its Mobile Business In China
19 March 2010
Chinese wireless value-added services firm Linktone Ltd. announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2009.
CEO Hary Tanoesoedibjo said, "Although Linktone has not been immune to the challenges faced by our industry, we were pleased to deliver full year financial results that were above our expectations. During 2009, [...]
Sohu.com Shows Increased Total Revenue, Decreased Brand Advertising And Wireless Revenue In China
01 February 2010
Chinese online media company Sohu.com Inc.'s revenues rose 12% year-on-year in the last quarter, according [...]
Linktone Pays USD9 Million For Controlling Stake In Chinese Mobile Game Company
13 January 2010
Chinese wireless value-added services firm Linktone Ltd. has entered into a definitive agreement to acquire [...]
KongZhong Makes New Online Game Acquisition In China
16 December 2009
Just a week after announcing that its revenue would be greatly impacted by new anti-pornography [...]
Board Changes: Bruno Wu Dumps Shanda, Moves To Hurray
08 September 2009
On the same day Chinese online game company Shanda Interactive Entertainment Limited announced that Bruno Wu had resigned from the company's board of directors, Chinese wireless value-added services firm Hurray Holding Company Ltd. revealed the appointment of Wu to their own board.
"We highly appreciate Bruno's dedication and contribution to Shanda's fast growth over the years. [...]
China Telecom Guangdong Plans To Support Online Game Industry
04 August 2009
China Telecom Guandgong, the company's largest branch in China, has announced plans to further support the development of China's online game industry.
Based on its eight million broadband user group, China Telecom Guangdong's new plan will cover channel-sharing promotion, flexible service cooperation, online game exhibition, and online game competition.
For channel-sharing promotion, China Telecom Guangdong will launch [...]
Shanda To Spend USD46.2 Million Buying Majority Stake In Mobile Firm
09 June 2009
Ending weeks of speculation and public whining, Chinese online gaming firm Shanda Interactive Entertainment Limited is planning to buy a majority stake in wireless value-added services company Hurray.
Chen Tianqiao, chairman of the board of Shanda, stated, "We respect the work by Hurray's board and management and their efforts in defining Hurray's strategies and direction and [...]
Hurray's Mobile Revenues Fall In China As It Drops Further Investor Guidance
22 May 2009
Embattled Chinese wireless value-added services firm Hurray Holding Company Ltd. says its total revenues plummeted 18.5% quarter-over-quarter to USD11.8 million as it announced its unaudited financial results for the first quarter ended March 31, 2009, and stated it would not continue to provide quarterly guidance.
The company's USD11.8 million in total revenues was also a decrease [...]


