Happy Lunar New Year!
新年快乐- xīnnián kuàilè! Happy Lunar New Year to all of our readers! May the Year of the Fire Monkey be prosperous for you all.
Xiaomi released the Xiaomi Game Center’s 2015 annual report. The report shows that the Xiaomi Game Center had 1.45 billion downloads in terms of games distributed, compared with 780 million in 2014, generating revenue of RMB 2.6 billion (their channel fee + publishing fee) for the full year of 2015. The revenue split for developers in 2015 totaled RMB 1.1 billion. The number of paying users on their mobile platform increased by 55.68% QoQ, and ARPU increased by 33.1% QoQ. Top game genres on the platform include “casual & creative” (29%), “parkour & running” (12%) and “online RPG” (10%)
On February 5th as a lead-up to the New Year, the Communist Party of China’s Organization Department has created a Wechat account to distribute 300,000-yuan worthof lucky money. In a clever twist, the passwords were all phrases from President Xi Jinping’s New Year greetings – for example, “as long as we persevere, dreams will come true.”
Niko Partners was interviewed and our research has been discussed in the media several times in the past week. Here is a sample:
We noted last week the impending IPO of Malaysia’s iCandy. As it happened, the company’s shares surged 25% on debut.
Shanda Group is planning to create China’s first virtual reality park in China with the help of The Void, a US-based entertainment company that specializes in VR.
Follow us on Twitter @nikochina to see these comments in real time as we publish them! Here are a few of our tweets from last week: