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Japan New Focus For China's CDC Games
February 5, 2008 |
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| Category: Wireless
CDC Games, a business unit of CDC Corporation (CHINA), has increased its investment in BBMF Group, a 3G content provider in Japan.
CDC now owns about 20% of the company with a total investment of approximately US$10 million.
According to CDC Games, BBMF has also grown rapidly in recent years. During December 2007, BBMF's mobile comics paying subscriber count surpassed 566,000 which represents a year-over-year growth rate exceeding 350% compared to December 2006. Also during December 2007, mobile online game paying subscribers grew more than 400% year-over-year to approximately 107,000.
The investments in BBMF are part of the US$100 million Online Games Developer Partner Program of CDC Games Studio. The program was established to place investments in strategic game development partners to accelerate the development of new and original online games for the China market and additional target geographies including Japan and the US.
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