China On Track to Phase Out Paper Money

China On Track to Phase Out Paper Money China was the first country to introduce paper money in 740 B.C. and now it is believed that China may be the first country to phase it out completely. According to the article on Motherboard (NSFW), "Pretty much every shop, restaurant and bar accepts WeChat and/or Alipay these [...]

2017-05-31T07:19:50+00:00 May 22nd, 2017|Categories: China, Niko News, Philippines, Xiaomi|

Sony PlayStation in China – Two Years In

Sony has just celebrated its second year of selling the PlayStation 4 in China. The console originally launched in China mainland back in March 2015 and since then, Sony and rival Microsoft have been trying to grow the appeal of consoles in the country. With a population of over 1.3 billion, one may think that it [...]

2017-05-17T14:48:54+00:00 May 17th, 2017|Categories: Consoles, Niko Analysis|

Niko News: Apple Faces Falling Sales in China

Apple Faces Falling Sales in China The world's most valuable tech company had an average fiscal quarter with declining iPhone sales and slowing demand, despite becoming the first US company to reach a market cap of $800 billion this week. Apple is facing fierce competition in China from OPPO, Vivo, Huawei, Xiaomi - domestic brands that [...]

2017-05-17T14:17:04+00:00 May 15th, 2017|Categories: Niko News|

China’s Symbiotic PC & Mobile Games Markets

A notable trend in China’s digital games market is successful PC to mobile game adaptations. What we have seen is that hardcore PC-based MMORPGs, for the most part, have been relaunched as mobile games, and this is a trend that is relevant in 2017. Most of the Top 10 grossing mobile games on the iOS chart [...]

2017-05-12T09:50:05+00:00 May 8th, 2017|Categories: China, Mobile Games, PC Games|Tags: , , |

Niko News: Overwatch Passes 30 Million Players

Overwatch Passes 30 Million Players Blizzard Entertainment announced this week that Overwatch, its team-based shooter, has passed 30 million players since its launch a year ago. They recently announced hitting the 25 million mark in January. There is no clear delineation on what percentage of these players are on PC or Xbox One or PlayStation 4. [...]

2017-05-12T07:02:57+00:00 May 8th, 2017|Categories: Blizzard, China, Conferences, Niko News, Tencent|

China games revenue to exceed $35 billion by 2021: NEW Niko research

We’re pleased to announce the release of the 2017 China Digital Games Market Data Report with forecast through 2021. According to the study, China will enjoy strong growth in digital gamers and games revenue in the next 5 years, to reach $35 billion USD in domestic revenue by 2021. With 600 million gamers (nearly 2x the [...]

2017-05-03T13:29:04+00:00 May 3rd, 2017|Categories: China|

Niko News: Tencent Bringing Rocket League to China

Tencent Bringing Rocket League to China Tencent has announced that they are bringing Psyonix's Rocket League to China. We have anticipated that it would be a great game for China's console market due to its emphasis on fun and racing, rather than any bloody violence. The console version also has built-in filters where players can choose [...]

2017-05-12T07:03:36+00:00 May 1st, 2017|Categories: Niko News|

Honor of Kings dominates mobile esports in China

Tencent has launched its biggest esports competition for Honor of Kings in 2017, the King Pro League. The 2017 season follows in the footsteps of the 2016 season which was watched by more than 70 million people. Tencent is aiming to build a better esports ecosystem allowing for more teams, more players, increased marketing, celebrity hosts [...]

2017-04-26T13:37:41+00:00 April 26th, 2017|Categories: China, eSports, Mobile Games, Tencent|Tags: , , , |

Niko News: 2022 Asian Games Adds Esports

2022 Asian Games Adds Esports Esports will now be an official medal sport in the 2022 Asian Games in Hangzhou, China. The Olympic Council of Asia has also been working with Alisports to include esports in the Asian Indoor and Martial Arts Games in Turkemnistan and in the 18th Asian Games in Indonesia next year, but [...]

2017-05-12T07:32:54+00:00 April 24th, 2017|Categories: eSports, Singapore, Tencent|

Niko News: Alibaba’s Sports Business Raises Over $1 Billion in Funding

Alibaba's Sports Business Raises Over $1 Billion RMB in Series A Funding Alibaba Sports has confirmed that they have raised RMB 1.2 billion (approximately $17 million USD) at a valuation of RMB 7 billion ($100 million USD). The funding round is being led by Yunfeng Capital and will also include Taiping Guofa Dingsheng Capital and Qianheng [...]

2017-05-12T07:20:20+00:00 April 17th, 2017|Categories: Alibaba, AR/VR, Niko News, Tencent|