Niko News

Niko News: E3 2017

By | June 19th, 2017|Categories: Niko News|

E3 2017 E3 felt different this year (in a good way) - more like it was years ago when it was an important destination for the games industry. It was exciting, absolutely crowded, and several of the booths were very impressive with a big focus on esports and some on VR. In the past few years [...]

Niko News: Blizzard Selling Overwatch Credits in China

By | June 10th, 2017|Categories: Consoles, Mobile Game Industry, Niko News|

Blizzard Selling Overwatch Credits in China In accordance with the new regulations in China that require online game operators to disclose probability rates for random-chance loot boxes, Blizzard (through their JV with NetEase) announced their probability data. However, they are now taking a step beyond this effort and no longer selling loot boxes. Instead, in a [...]

Niko News: VNG Plans US IPO

By | June 5th, 2017|Categories: China, Consoles, Niko News, Vietnam|

VNG Plans US IPO VNG Corp has signed a preliminary agreement with Nasdaq Inc to explore an IPO. VNG, founded in 2004, has long been a strong operator in Vietnam. Vietnam, along with Indonesia and Thailand, are three of the countries we recommend watching for the highest revenue and growth potential as of our 2016 Southeast [...]

Niko News: Jury to Decide Owner of Dota

By | May 31st, 2017|Categories: Niko News|

Jury to Decide Owner of Dota According to Ars Tecnhica, “Defense of the Ancient's path from an ultra-popular Warcraft III mod to the core of Valve's ultra-popular MOBA, Dota 2, is a long and confusing saga. Now, two developers working on their own mobile versions of Dota are arguing in court that Valve didn't actually acquire [...]

China On Track to Phase Out Paper Money

By | May 22nd, 2017|Categories: China, Niko News, Philippines, Xiaomi|

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 [...]

Niko News: Apple Faces Falling Sales in China

By | May 15th, 2017|Categories: Niko News|

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 [...]

Niko News: Overwatch Passes 30 Million Players

By | May 8th, 2017|Categories: Blizzard, China, Conferences, Niko News, Tencent|

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. [...]

Niko News: Tencent Bringing Rocket League to China

By | May 1st, 2017|Categories: Niko News|

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 [...]

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

By | April 17th, 2017|Categories: Alibaba, AR/VR, Niko News, Tencent|

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 [...]