Mei Xiaolong, founder of Guangzhou-based mobile game operator Mengxiang Shouyou ("Dream Mobile Games"), has announced that the company plans to release nearly 20 mobile gaming products in 2014, including martial arts-themed and Journey to the West-themed games, card games, ARPGs, and other types of mobile games. Mei left his role as VP at game developer China Mobile Games and Entertainment Group (Nasdaq: CMGE) in January to form the new company.
Mei announced the establishment of Mengxiang Shouyou on January 10. Investment in the company stands at RMB 150 mln.
Editor's Note: For more background on this topic, please see "Rumor: CMGE VP Resigns" MD 1/06/14 issue. To help gaming enterprises and industry analysts gain a comprehensive overview of China's major mobile game developers, publishers, distribution platforms, mobile games, and mobile game industry M&A deals and partnerships, Marbridge has recently released its Q4 2013 Chinese Mobile Gaming Industry Matrix.