Online Games

• Internet Post Accuses Perfect World CEO Of Dirty Dealings
  Posted by bbishop on January 10th, 2012 at 2:37 am, Comments: 0

  Shares of Chinese online game firm Perfect World ($PWRD) plunged 26% Monday because of a Chinese Internet posting accusing CEO Michael Chi of insider dealings, tax [...]

• Billionaire Jason Zeng 曾李青, Tencent Co-Founder And Taomee’s Largest Shareholder, Taken Away To “Assist An Investigation”?
  Posted by bbishop on July 5th, 2011 at 12:14 am, Comments: 0

  According to reports on Weibo and in the Chinese press, Jason Zeng (曾李青), the billionaire co-founder and former COO of Tencent who is the largest [...]

• Taomee IPO Shows Chinese Kids Are A Goldmine
  Posted by bbishop on June 9th, 2011 at 6:08 am, Comments: 0

  I think I am going to drink heavily tonight. I lost a lot of money, my own and others’, trying to build a virtual world [...]

• Inside RenRen, The First Of China’s Facebook Clones To File For A US IPO
  Posted by bbishop on April 17th, 2011 at 8:32 am, Comments: 0

  iChinastock.com has created a presentation introducing Renren.com: On April 15, 2011 RenRen Inc. filed for IPO on the NYSE under the ticker RENN. China-based Renren [...]

• China’s Internet: The Invisible Birdcage
  Posted by bbishop on February 21st, 2011 at 10:03 am, Comments: 0

  This essay I wrote last year originally appeared in the September 2010 issue of the China Economic Quarterly. Some of the numbers may already be a [...]

• On Tencent’s Acquisition of Riot Games
  Posted by bbishop on February 8th, 2011 at 4:08 pm, Comments: 0

  Tencent (HKG:0700) announced last week that it has bought control of Riot Games, a Los Angeles-based studio. Congrats to the Riot Games folks and their [...]

• Internet May Be The Largest Industry In China Not Dominated By State-Owned Firms
  Posted by bbishop on August 30th, 2010 at 6:11 pm, Comments: 0

  The New York Times has an interesting article today on thriving state-owned companies in China-”China’s Policies Ensure State Enterprises Grow“. The article makes no mention [...]

• What A Downgrade of Tencent Says About China’s Online Gaming Sector
  Posted by bbishop on June 8th, 2010 at 3:38 pm, Comments: 0

  On Monday evening SIG analyst Zhao Chunming downgraded Tencent from positive to neutral over concerns about its valuation in the face of a slowdown in [...]

• Zynga Setting Up A Studio In Beijing
  Posted by bbishop on May 19th, 2010 at 9:12 am, Comments: 0

  UPDATE2: Zynga Acquires XPD Media; Opens Office In Beijing. Today Zynga posted three jobs on Craigslist Beijing: [UPDATE:These job listings appear to have been deleted [...]

• Chinese Online Game Giant Perfect World Buys Majority Stake in US-Based Runic Games
  Posted by bbishop on May 17th, 2010 at 2:43 pm, Comments: 0

  In today’s Q1 2010 earnings release Perfect World announced today that it has acquired a majority stake in Runic Games, a Seattle-based game development studio. [...]