Kingsoft Predicts 35% Growth

Reuters, 11/05/08

Chinese online entertainment provider and application software developer Kingsoft (3888.HK) has stated that it expects its sales and profit to grow at a compound annual growth rate of 35% over the next 2-3 years. The company also has high hopes for its newly launched MMORPG JX Online World, which attracted an average of over 300,000 players daily within the first few months of coming online. By comparison, other titles in its JX series have reached a maximum of 160,000 average daily players.

The company currently holds approximately 5% market share in the Chinese online game market and hopes to achieve 10% market share over the next 2 years. Currently Kingsoft has average revenue per user (ARPU) of RMB 35 across its user base, approximately half the industry average.

Keywords: users 3888.HK ARPU growth rate Internet JX Online World Kingsoft market share MMORPG revenue online gaming

Feedback

Sending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily