Tag Archives: china

CHINA: 230m online gamers by 2012

Online gaming is expected to have an audience of 230 million gamers in China by 2012. That’s according to the latest report from Beijing-based research firm Analysis International, which also predicts the sector will generate revenues of YUAN 73.1 billion (10.7 million) in the next three years. The country currently …

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China warns games ‘too low-brow’

China’s Ministry of Culture has issued a circular demanding that game companies refrain from content that is "not up to standard" or offering "lowbrow cultural content that is having a negative effect on the healthy development of the industry". There are more than 50 million gamers in China, a market …

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CHINA: Shanda in $725m IPO

Chinese web giant Shanda is to sell off a 22 per cent share in its online gaming unit next week, as part of an IPO estimated to be worth $725 million. Shanda Interactive Entertainment Ltd, the parent company of Shanda Games, has agreed to a Nasdaq-listed initial public offering set …

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CHINA: Gaming outranks shopping online

New research shows more Internet users in China use the web for online gaming than shopping. New research from the China Internet Network Information Center shows approximately 200 million of China’s web users regularly play online video games. This places the pastime the sixth most-used application for the Internet, while …

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CHINA: Blizzard cements World of Warcraft deal

Leading MMO developer Blizzard has struck a deal with NetEase that will see the Chinese firm handle the studio’s MMO offerings in the region for three years. The pair had previously announced an agreement for servicing rights on both Starcraft II and Battle.net, but this new deal will see MMO …

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UK CHARTS: Resident Evil 5 fends off GTA

The ongoing success of Capcom’s Resident Evil 5 continues this week with the news that the next-gen survival horror shooter has claimed the top spot in the ELSPA GfK-ChartTrack All Formats Top 40 for the second week in a row. It does so despite a 52 per cent drop in …

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