Was Supercell Worth Hefty $10B?

JULY 8, 2016 • Tencent Holdings Ltd’s recent acquisition of mobile game developer Supercell Oy naturally raised many eyebrows, not just for its $10 billion valuation, but also how it was really driven by one game, Clash of Clans. The idea that a single game can be worth so much will of course attract all […]

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SoftBank Sells Supercell for $8.6B

JUNE 21, 2016 • Clash of Clans developer Supercell Oy is being acquired by Tencent Holdings Ltd. from SoftBank Group Corp. for $8.6 billion. Softbank bought a 51% stake in Supercell for $1.5 billion in 2013, and increased that stake to 73.2 percent last year via external investors. Tencent will control up to 84% of […]


China Reins In Net Cafes

DEC. 9, 2015 • The Ministry of Culture in China is cracking down on internet cafes, known there as Wang Ba (网吧). Specifically, the regulator is going after those establishments that illegally serve customers under the age of 18. The initiative is set to continue through January and mainly is targeted at rural districts that […]


Nexon Backs Off NCsoft

OCT. 21, 2015 • Nexon Co., Ltd. has sold its shares in NCsoft Corp. and backed away from the takeover position it previously held in the publisher. Back in 2012, Nexon had purchased a 14.7% stake from NCsoft chief executive Kim Taek-jin. The move was framed as part of a friendly deal between the companies to […]

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CrossFire Goes Hollywood

OCT. 15, 2015 • South Korea’s Smilegate Group has just inked a deal with Fast and the Furious production company Original Film to develop a motion picture based on the CrossFire online FPS franchise. The agreement marks the first time a South Korean game property has been adapted for a film. After eight years in […]

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Zapak Strengthens China Ties

SEPT. 29, 2015 • Zapak Mobile Games Private Ltd, a division of India’s Reliance Entertainment, has sealed two agreements to pursue several China-related endeavors. The first saw an Rs 989 million ($15 million) investment by Lead Eastern Investment Co., Ltd. based in Datong, China. The 10% stake is part of a joint venture between the […]

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Monster Strike Revenue Soars

AUG. 19, 2015 • Japan’s social network operator Mixi, Inc. only has one mobile game to its credit, yet Monster Strike has been a revenue bonanza since hitting the market in October 2013. For the first fiscal year quarter ending June 30, the title generated ¥47 billion ($379 million). Although the game has been released […]

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Tencent’s 2Q Game Revenue

AUG. 14, 2015 • Tencent Holdings Ltd. continues to be a leader in PC online games and is increasingly looking to grow its presence in the competitive mobile game business. Surprisingly, second quarter growth in mobile games revenue was somewhat stagnant. Compared to the first quarter, online computer games saw revenue of 12.97 billion yuan […]


Titanfall F2P An Experiment

JULY 31, 2015 • This week Nexon Co., Ltd. announced that it had entered into a development and publishing agreement with Electronic Arts Inc. to create a free-to-play online version of Titanfall for Asia. Nexon will be cooperating with Titanfall’s developer, Respawn Entertainment, in making the new F2P game. Titanfall has sold more than 8 […]

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JD’s Free Trade Play

APRIL 21, 2015 • Last week China’s, Inc. launched a new cross-border ecommerce platform called JD Worldwide. The premise is to provide Chinese consumers the opportunity to purchase Western brands at a much lower cost. Instead of a foreign company having to set up a wholly Chinese division or a partnership with a domestic […]