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Uuzu to Invest RMB 2 Bln on Game Licensing and Promotion
DoNews, 3/27/14
Shanghai-based game developer and operator Uuzu Information Technology recently announced the company's "U+" strategy, by which Uuzu will invest RMB 2 bln over the next 3 years on recruitment, joint product development, licensed game publishing, and increased product marketing to help ensure that the company's games reach their revenue targets. Read More
CSRC Conditionally Approves 4 Gaming Company Acquisitions
Sfw.cn, 2/27/14
The China Securities Regulatory Commission (CSRC) recently announced conditional approval of gaming company-related acquisition plans from four companies, including mobile game developer Ourpalm (300315.SZ), Fuzhou-based umbrella manufacturer Susino (002174.SZ), Chinese telecom equipment manufacturer Datang Telecom (600198.SH), and Guangdong-based animation company Alpha Animation and Culture (002292.SZ). Read More
Uuzu Enters Backdoor Listing Agreement
Shenzhen Stock Exchange, 10/24/13
Fuzhou-based umbrella manufacturer Susino (002174.SZ) has announced that the company intends to acquire a 100% stake in Shanghai-based browser game developer and operator Uuzu Information Technology through share issuances. Read More
I'm MT Online Leads China's April Mobile Gaming Market
Ptbus.com, 5/31/13
Beijing-based game developer Locojoy Technology's anime-based mobile social card RPG I'm MT Online led China's April 2013 mobile gaming market with revenue of RMB 55 mln, according to statistics released by mobile game information and download platform Ptbus.com and third-party research firm Entbrains. Read More
Yoyo Confirms Layoffs
17173.com, 12/10/10
Shanghai-based online game maker Yoyo confirmed today that fierce market competition this year meant that its service restructuring plans would involve employee layoffs. Read More
TechFaith to Launch Three MMORPGs
TechFaith Press Release, 3/26/09
Mobile handset design house China Techfaith Wireless Communication Technology (Nasdaq: CNTF) today announced that its subsidiary, One Net Entertainment Ltd., will launch three massively multiplayer online role-playing games (MMORPGs) in China. Read More
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