Monthly Archives: April 2014

Niko News Roundup: Perfect World Purchases Shares of Shanda Games

By | April 25th, 2014|Categories: China, Consoles, Giant Interactive, Perfect World, Shanda|

Perfect World Purchases Shares of Shanda In a trend-setting move for the Chinese online games industry, Perfect World announced it will purchase more than 30 million shares of Shanda Games for $100 million in cash, and will join an acquisition alliance in a consortium with Primavera Capital (Cayman) Fund. The alliance proposed acquisition of Shanda to [...]

Niko News Roundup: Tencent’s 200 Million Concurrent QQ Users

By | April 17th, 2014|Categories: China, Mobile Game Industry, Shanda|

Shanda's New Game: Bloodline Shanda's new self-developed game Bloodline will be launched in the oversea markets in April or May. Right now, Singapore and Taiwan are two target markets that have been released. Due to the Japanese manga type of artstyle and RPG core gameplay, Japan will be another target market. Tencent's Concurrent QQ Users 200 [...]

Niko News Roundup: Chinese Gamers Spend 8 Hours per Day on Smartphones

By | April 11th, 2014|Categories: China, Consoles, Mobile Game Industry|

Sony Computer Entertainment Creates a Department for China Strategy Sony may be preparing to launch the PS4 in China. The company announced formation of a department, led by company veteran Soeda Takehito, to focus SCE's efforts on the Chinese markets. SCE is the division of Sony that handles PlayStation products. First 60 Seconds of Gameplay An [...]

Niko News Roundup: Weibo to List on NASDAQ

By | April 4th, 2014|Categories: China, Southeast Asia, Tencent|

Tencent Acquires Stake in CJ Games Techcrunch reports that Tencent, the biggest online and mobile games company in China, has announced that it will pay $500 million for a 28% stake in CJ Games as it expands its global reach via acquisition. The transaction will make Tencent the third-largest investor in the South Korean gaming company [...]