Virtual Reality in 2016 Gamelook reported that roughly RMB 1 billion ($153 million) has been invested in 29 Chinese virtual reality companies so far, and the article lists the 29 companies. Virtual reality is on trend this year for gaming and other uses, and Chinese companies are entering the global competition. NetEase's Pipeline of Games NetEase [...]
Top Policy Changes in China This Year The USA version of China's English language newspaper, China Daily, published the Top 10 policy changes in China in 2015. According to the article, various new policies have been introduced in China in 2015. From the two-child policy to a unified pension system, from household permits for all to [...]
Alibaba Opens New Data Center in Singapore Alibaba (NYSE: BABA, market cap $186 billion) is a giant tech force and competes against Amazon in more ways than one. One of the ways is in the cloud computing business, where Amazon serves a huge number of companies via its Amazon Web Services (AWS) and Alibaba has Aliyun. [...]
Niko on Forbes.com Check out Lisa Hanson's latest Forbes.com post, which was promoted on the Forbes Asia homepage. The article is The Chinese Internet Gets a Stronger Backbone. It has lots of interesting facts about the Internet infrastructure. NetEase Opens North America Office NetEase (NASDAQ: NTES) set up an office in North America, located in California, [...]
Xbox One Launch in China Xbox One launched in China and reports say that 100,000 units were sold on day 1. The goal is to sell 1 million units within the first 12 months. Microsoft says that shipments of Xbox One in North America achieved 5 million units in the past six months. In Japan the [...]
NetEase to Operate Diablo III in China NetEase will operate Blizzard's Diablo III in China. It will be the 5th collaboration by the two companies, with the prior 4 games being StarCraft II, World of Warcraft, Hearthstone, and Heroes of the Storm. Diablo III is a global sensation and has sold more than 15 million copies [...]
NetEase's 163.com web portal will soon launch the closed beta of Blizzard's F2P strategy card game, Hearthstone. The game will run on PC but soon will also be available on mobile (tablets). In a time when global usage of World of Warcraft is declining, this is potentially important for Blizzard and for NetEase.
The CEO of NetEase, William Ding, announced the company's intent to develop competitive gaming in China via investment in "mianbo xingdong" ("bread campaign"). Look for a NetEase sponsored e-sports competition at the end of this year featuring some of the hottest competitive MMORPGs. Meanwhile, as Marbridge Consulting reported in the Marbridge Daily, at the end [...]
Tencent's WeChat is hot hot hot and NetEase recently announced a competing mobile IM service called "Yi Xin", launched jointly with China Telecom. The company says that Yi Xin achieved more than 1 million downloads within 24 hours of release. According to the Beijing Times as relayed by Marbridge Daily, in the app's first day of [...]
NetEase says it will promote mobile games and decrease its dependence on World of Warcraft, and with the effort underway its Q2 results surpassed Wall Street estimates and led to an increase in share price late last week.