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Rumor: DDTank Surpasses Tencent Browser Game in Monthly Revenue, 10/09/11

Chinese online game developer and operator Changyou (Nasdaq: CYOU), a subsidiary of Internet portal Sohu (Nasdaq: SOHU), has announced its browser game DDTank has exceeded RMB 100 mln in monthly revenue, surpassing Tencent's (0700.HK) licensed strategy browser game Qi Xiong Zheng Ba, according to an industry source. The source added that Beijing-based browser game developer and operator Gamewave Interactive's licensed APRG browser game Aojian has achieved monthly revenue of RMB 58 mln, ranking third behind DDTank and Qi Xiong Zheng Ba. A sharp rise in overseas revenue was crucial to DDTank's ascent, with revenue from Vietnam alone reaching tens of millions of RMB. DDTank is currently available in 15 languages with eight more under development, and developer 7Road expects to have editions in 25 languages by the end of this year covering over 40% of the world's population. The game's development team expressed confidence in the product, claiming DDTank has at least a 10-year lifespan and has been out only two years.

DDTank was developed by Shenzhen-based browser game developer 7Road Technology, which was later acquired by Changyou. The game is described as a cross between Korean shooting games Taan and MapleStory. Launched in August 2009, the game's major domestic operators in mainland China include, Baidu (Nasdaq: BIDU), and 37Wan.

Aojian was developed by Tianshen Hudong. In March 2011, Beijing-based game operator Kunlun Wanwei obtained the Asia-Pacific region operating rights to the game, including traditional Chinese, Korean, Japanese, Thai, and Indian versions. Monthly revenue from Taiwan and Korea is rumored to exceed RMB 10 mln each.

Keywords: Aojian self-developed game browser game Changyou Internet overseas revenue Tencent CYOU Kunlun Wanwei operating rights Sohu 0700.HK Qi Xiong Zheng Ba DDTank 7Road Gamewave licensed game online gaming


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