Appota to Go Global

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APRIL 15, 2014 • Vietnam's Appota Corp, the mobile content platform that launched during 2011, has sealed an undisclosed amount of Series B funding to increase its R&D to support off-shore expansion. Two funders, one in Singapore and one in Japan, provided the capital. Appota has already opened branch offices in Indonesia and Singapore after ...Continue Reading

Facebook Tops 100M in India

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APRIL 9, 2014 • On March 31 Facebook Inc. reached 100 million active users in India, only the second market after the United States where that milestone has been reached. Last June the social network had 82 million active users within India. Facebook vice president of growth & analytics Javier Olivan made the disclosure in an ...Continue Reading

Xbox Unit Gets New Chief

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APRIL 1, 2014 • As part of an executive suite reshuffling at Microsoft Corp. new chief executive Satya Nadella has promoted Microsoft Studios head Phil Spencer to lead the entire Xbox Unit. The appointment also represents a restructuring within the unit with Spencer in charge of the Xbox Platform team, Microsoft Studios, Xbox Live, Xbox ...Continue Reading

Tencent Takes CJ Games Stake

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MARCH 28, 2014 • Tencent Holdings Ltd. continued its investment in significant game companies taking a 28% stake in South Korea's CJ Games Corp for $500 million. The latter is one of the largest mobile game publishers in Korea and is a subsidiary of the huge CJ Group Pte. Ltd. Tencent now becomes the third-largest ...Continue Reading

Kabam Bags Phoenix Age

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MARCH 10, 2014 • Kabam, Inc. is bringing another independent studio under its banner, Phoenix Age. Financial terms of the acquisition were not disclosed. However, Kabam told the Wall Street Journal last month that it had more than $70 million in cash available. Since 2007 Kabam has raised $125 million through four funding series, and ...Continue Reading

Aeria Sells PC Biz

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MARCH. 4, 2014 • Aeria Games & Entertainment, Inc. is selling its PC games distribution business to ProSiebenSat.1 Games GmbH (PSG) for an undisclosed amount. Included in the deal is the former's European subsidiary Aeria Games Europe GmbH, as well as licenses to certain successful mobile games. PSG is taking over the entire Aeria Games ...Continue Reading

Guild Wars 2 Model Goes to China

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MARCH 3, 2014 • KongZhong Corporation is bringing ArenaNet's Guild Wars 2 to China with the same buy-once-play-forever model as employed by NCsoft in North America and Europe. The game client will be a digital download that will be playable after purchase of a key code. The model is something of a novelty for China ...Continue Reading

Japanese Buy 322K PS4s

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FEB. 25, 2014 • The ¥39,980 ($391) PlayStation 4 launched in Japan on February 22, and in two days more than 322,000 units were sold, according to research firm Enterbrain. By comparison, more than 88,000 PS3s were sold in two days, and 980,000 PS2s within 48 hours. Sony Computer Entertainment has set a goal of ...Continue Reading

PC Sales Pick Up for Sega

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FEB. 11, 2014 • In financial disclosures for the nine months ending December 31 Sega Sammy Holdings Inc. reported that its top selling retail games platform was PC games. In addition, the number of PC titles sold versus the same period the previous year grew from 770,000 to 2.3 million units, an increase of 198%. ...Continue Reading

The Rise & Fall of Flappy Bird

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FEB. 10, 2014 • The pride of Vietnam's mobile app development scene, Nguyen Ha Dong, has removed his hugely popular Flappy Bird game from distribution. The free title was released last May and existed in relative obscurity until November when iOS downloads skyrocketed. Soon Flappy Bird was getting between 1 million and 2 million downloads ...Continue Reading