Posts Tagged: Perfect World

elex acquisition

Tencent, Innovation Works cash out on a $434 million acquisition of a company you’ve never heard of

Chinese Universe Publishing and Media Company bought a 100 percent stake in Elex Technology Company for RMB 2.7 billion.

  • June 24, 2014
  • at 12:46 pm
Read More

Rumor: MMO titan Perfect World could enter console games market with $49 million acquisition of TGBUS

Chinese MMORPG giant Perfect World (NASDAQ:PWRD) plans to acquire the country’s largest gaming portal TGBUS for RMB 300 million ($49 ...

  • October 10, 2013
  • at 10:53 pm
Read More
Tencent revenues 2012

China’s Top 10 Tech Companies by Revenue

A Chinese research institute, in cooperation with authorities in Beijing, has compiled a list of China’s top 100 tech and web companie...

  • October 10, 2012
  • at 6:35 pm
Read More

Nexon and Perfect World to Establish Joint Company

Hot on the heels of reports that South Korean online game publisher Nexon is eyeing what could be a $1.28 billion Tokyo Stock Exchange IPO, ...

  • November 10, 2011
  • at 10:30 pm
Read More

In Chinese Online Gaming, 8.7 Billion RMB in Revenue, Tencent Still King

New figures for Q2 2011 show which Chinese tech companies get the biggest slice of the online gaming market in China, in terms of revenue. T...

  • September 2, 2011
  • at 9:00 pm
Read More
Baidu has snapped up the rival e-book platform for RMB 191.5 million, which is $31.3 million.

Baidu boosts e-books offering with $31 million acquisition of rival site

Chinese search engine giant Baidu (NASDAQ:BIDU) is wrapping up a year of big acquisitions with yet another buy-out. This time the target is ...

  • December 30, 2013
  • at 10:56 am
Read More

Perfect World Wins Rights to Operate DOTA 2 in China

Chinese game developer and operator Perfect World announced today that it has partnered with American game developer and operator Valve to b...

  • October 20, 2012
  • at 3:45 am
Read More

Tencent’s Online Gaming Dominance Grows as Market Expands to $1.78 Billion

A seasonal survey of China’s online gaming market by Analysys International reveals some stellar growth up to the end of 2012 Q1 ̵...

  • May 25, 2012
  • at 2:45 pm
Read More

Perfect World, Going Beyond Online Gaming, Invests $100 Million in VC Fund

Beijing-based game developer and publisher Perfect World (NASDAQ: PWRD) is to help set up a venture capital fund aimed at incubating small t...

  • September 5, 2011
  • at 11:30 pm
Read More
chinese gaming

China’s Online Game Market to Reach $8 Billion by 2014 [Report]

According to a study by Pearl Research, game operators in China put up stunning revenue growth in 2010. The online games market grew 25% to ...

  • April 13, 2011
  • at 2:00 pm
Read More