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Mobile E-sports Firm Hero Interactive Completes RMB 1.7 Bln Pre-IPO Funding
Cnstock.com, 9/29/17
Beijing-based mobile e-sports organizer and promoter Hero Interactive Technology (430127.NEEQ) recently completed RMB 1.7 bln in pre-IPO funding led by China State-owned Venture Capital with participation from Shaanxi Culture Industry Investment Group and Gopher Asset Management. Read More
Longzhu Games Broadcast to Invest RMB 1 Bln in Gamecasting Industry
Tencent Tech, 6/27/17
Taicang-based Juyitang Network Technology, operator of video gamecasting platform Longzhu Games Broadcast, will invest RMB 1 bln in the gamecasting industry, and will look to gain a foothold in the gaming, sports, broader entertainment, and e-commerce industries, announced CEO Chen Qidong. Read More
Leshi Sports Releases Livestreaming Hardware Suite Including UAV
Sina Tech, 11/24/16
Leshi Sports Culture Industry Development, the sports entertainment subsidiary of Chinese online video and internet TV content provider Leshi Internet (300104.SZ), recently launched a live video broadcasting hardware and software product line called Liveman, including M1 and C1 webcams, a Liveman video broadcasting app, an F1 drone designed for aerial videography, and an L1 mobile router. Read More
Ourpalm to Buy 19% Stake in Korean Gaming Firm Webzen
Ourpalm, 3/08/16
Beijing-based mobile game developer Ourpalm (300315.SZ) recently announced that it will spend RMB 1.10 bln to purchase a 19.24% stake in South Korean game developer and operator Webzen, in order to support its overseas expansion strategy. Read More
Rumor: Qihoo 360, The9 Establish Gaming JV
Sina Tech, 7/29/14
An industry source has revealed that Chinese internet services provider Qihoo 360 (NYSE: QIHU) and Shanghai-based online game developer and operator The9 (Nasdaq: NCTY) will announce a joint venture on July 31. Read More
Tencent's Blade & Soul PCU Hits 1.5 Mln
DoNews, 1/10/14
Chinese internet and mobile services firm Tencent (0700.HK) announced today that the company's licensed 3D MMORPG Blade & Soul has reached a peak concurrent user (PCU) total of 1.5 mln, less than the 2 mln figure previously reported by an industry insider. Read More
MOC Bans Battlefield 4 in China
Caijing, 12/27/13
China's Ministry of Culture (MOC) has announced that US game developer Electronics Arts' first-person shooter Battlefield 4 has been banned in China because the game jeopardizes China's national security and encroaches on Chinese culture. Read More
Ex-Kingsoft Games President Founds Browser Gaming Company
Netease Tech, 10/16/12
According to a knowledgeable source, Wu Yimin, the former President of Chinese online game developer and operator Kingsoft's (3888.HK) gaming unit, has founded a browser gaming company, Dawa Digital Technology. Read More
Shiji Tiancheng Invests RMB 100 Mln to Promote FPS
Donews, 9/19/12
Cao Nianbao, chairman of Shanghai-based online game developer and operator Shiji Tiancheng, has revealed the company will invest over RMB 100 mln to promote its licensed first-person shooter (FPS) Shadow Company. Read More
Kongzhong Licenses FPS from U4iA Games
17173.com, 7/28/12
Chinese online game developer and operator KongZhong (Nasdaq: KONG) has announced that it has licensed the mainland China operating rights to multi-platform online FPS Offensive Combat, developed by US-based developer U4iA Games. Read More
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