Posts Tagged ‘MMORPG’
China’s Kingsoft Net Profit Up 26% In 2009
March 29th, 2010
Chinese software and online game provider Kingsoft has published its annual financial report for 2009, stating that its total operating revenue for 2009 increased by 25% year-on-year to CNY1.022 billion, including 67% contributed by the online game business and 32% from software.
Kingsoft said that the operating revenue of its online game sector was CNY684.2 million [...]
Initiative Launched For Parents To Supervise Online Games In China
February 16th, 2010
According to ifeng.com, an initiative has been launched in China to enable parents to supervise computer games that their children play.
The first batch of six online game operators who joined the initiative are Wanmei.com, Tencent, Shanda, Netease, Changyou and Giant Interactive. As initiators of the self-discipline program, the parties will arrange a special webpage on [...]
NetEase Gains Chinese Government Approval To Operate Online Game
February 13th, 2010
Chinese Internet media company NetEase.com Inc. now has approval to run its World of Warcraftmore….
Investors Attack The9 For Alleged Inaccurate Financial Statements About Chinese Online Games
October 22nd, 2009
A law firm in the United States is going after Chinese online gaming firm The9 in a new class action lawsuit claiming that The9′s executives made inaccurate statements about the company’s financial situation.
Coughlin Stoia Geller Rudman & Robbins LLP announced that a class action has been commenced in the United States District Court for the [...]
Chinese Game Regulations Cause Giant Interactive’s Revenue To Fall
October 5th, 2009
Taking advantage of the weeklong national holiday in China, online game development company Giant Interactive Group Inc. has tried to sneak through a press release that should cause alarm for investors.
Giant Interactive announced that after a preliminary review of its third quarter 2009 performance, it expects third quarter 2009 revenue to be between CNY272.0 million [...]
China Implements Stricter Management Of Virtual Currency
June 30th, 2009
China’s Ministry of Culture and Ministry of Commerce have jointly focused on the management of virtual money for online games with a new regulation which states that virtual currency should not be used in trade of real goods and services.
According to the regulation, the enhanced management of online games focuses on four aspects: the issuers [...]
The9 Sues Blizzard Entertainment In Shanghai Over Online Game
May 27th, 2009
According to information from Shanghai’s court website, Chinese online game operator The9 is targeting the American game developer Blizzard Entertainment in two lawsuits which involve property loss compensation and commercial defamation, respectively.
While the court’s website at Hshfy.sh.cn shows the cases will soon be heard, and a representative from The9 has confirmed the news to local [...]
CNNIC: Many Of China’s 55.5 Million Online Game Players Have No Money!
March 24th, 2009
According to the latest report on Chinese online game users published by the China Internet Network Information Center, the number of online game players in China has reached 55.5 million, but many are considered low-end players.
The surveyed targets of this report were massively multiplayer online role-playing game users who played the games at least once [...]
Giant Online Asked To Make Rectifications In Chinese Game
December 25th, 2008
China’s Ministry of Culture has issued an order for the Chinese online game operator Giant Interactive (GA) to make rectifications in its free-to-play massively multiplayer online role-playing game Giant Online.
NetDragon And Disney Will Launch MMORPG In China
December 4th, 2008
Chinese game developer NetDragon Websoft announced that it is working with The Walt Disney Company’s Interactive Media Group to launch the massively multiplayer online role playing game “Disney Fantasy Online” in spring 2009.
