Tired of ads? Enjoy an ad-free experience by signing up.
C. Custer · · 1 min read

Perfect World reports 11% rise in revenue, expects big things from Dota 2 and Neverwinter in China

China’s Perfect World has reported its Q4 2013 and fiscal year 2013 results, and they’re pretty impressive. Revenue rose 11% from Q3 to Q4, beating the high-end of the company’s own forecasts for revenue growth. And the year-on-year growth results were also good, with the company posting 10.2% growth in FY2013.

But based on the earnings call, it sounds like the company expects even bigger things from 2014. According to CEO Robert Xiao:

Our pipeline contains a number of attractive client-based games, namely the highly-anticipated DOTA 2 and our 3D MMORPG Legend of the Condor Heroes, along with a variety of web and mobile games. DOTA 2 is currently at the initial stage of commercialization and we expect to have a full large-scale launch in China soon. We are also preparing to launch another world-class title, Neverwinter, in China later this year.

Dota 2 is, of course, already available in China, but at the moment it’s running third in the country’s MOBA race, behind League of Legends and Meng San Guo. But Dota 2 has also been available much less time than either of those games, and once it gets a proper rollout, it could well snag a bigger chunk of the market.

(via Seeking Alpha)

Related:
China's MOBA market: comparing LoL, Dota 2, and Meng San Guo

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies:

Stay updated on the go with our mobile app.

Get latest insights with smoother, more personalized experience through TIA mobile app.

Community Writer

C. Custer

Former editor and motion graphics artist for Tech in Asia. Currently content marketer at Dataquest.io