MIIT's Goals for China China's Ministry of Industry and Information Technology (MIIT) announced three major goals that need to be achieved by the end of 2017: 1. All households in cities should have access to 100M internet provided by optical fiber, and all cities and countryside should be covered by 4G internet; 2. The average broadband [...]
CHINESE GAMERS SPENT 22% MORE ON PC ONLINE GAMES IN 2014 THAN 2013 Revenue to surge from $14.5 billion in 2014 to $22.3 billion in 2019 SAN JOSE, Calif. - May 1, 2015 - Niko Partners, the leader in Asian Games Market Intelligence, today announced the availability of the firm's 2015 China's PC Online Games Market [...]
Tencent Invests in Glu Mobile According to Seeking Alpha, "Along with its Q1 results, Glu Mobile has announced that Chinese gaming/messaging giant Tencent investing $126M in the company through the purchase of 21M shares at $6 apiece. Tencent will own approximately 15% of Glu once the deal closes, and Glu will have a $190M cash balance.With [...]
Valve's Steam in China Valve's Steam entertainment distribution service has gained popularity in China over the past few years. China already ranks 6th worldwide for the number of games owned. The US share of Steam games usage is 18.1%, and China's is 4.0%, according to SteamSpy. SteamSpy lists DotA 2 as the leading game in China. [...]
Clash of Clans in China Read Lisa Hanson's latest post on Forbes.com regarding Clash of Clans and possible reasons for its success in China: Did you happen to see Liam Neeson's Super Bowl commercial for Clash of Clans? The numbers say you probably did. The one-minute spot featured the gravel-voiced Irish thespian self-parodying his popular character [...]
Shanda Games Going Private Shanda Games has announced it will go private, leaving the Nasdaq where it is traded under the symbol GAME. Capitalhold Limited will acquire Shanda at $3.55 per share, valuing the company at $1.9 billion. Giant Interactive went private last year, and Perfect World also plans to go private. This means three of [...]
Gamers in South Korea Gamelook reported that South Korea has a population of 51,340,000 people, more than 88% of which are active internet users. Some of them even own more than one smartphone, making the user penetration 109%. 32,400,000 people are active mobile internet users, making 63% of total population. The #1 social network app in [...]
Sony PS4 & Vita Launched in China Sony PS4 and PS Vita were launched in China on March 20, 2015 after a 2-month delay. The price point of the devices is slightly lower than that of Xbox One, but specials exist for Xbox One too making it competitive in some situations. There remains a question of [...]
Although it may not have the international name recognition of Google or Facebook, Tencent is an industry titan. The company, headquartered in Shenzhen, China and publicly traded on the Hong Kong Stock Exchange for a decade, was valuedat just over US$150 billion last year. It was also the fifth-largest Internet company in the world and the [...]
Niko’s 2015 Predictions for China’s Digital Games Industry: In this bulletin we lay out our predictions of what to expect in the digital games market in China this year. Download it here for free.
