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The9 To Acquire Majority Stake In Red 5 Studios
March 23, 2010Days after Chinese online game developer and operator The9's president announced her departure from the helm of the company, the company has now gone ahead with plans for expansion with the acquisition of an American company.
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Revenue Rises In China for CDC Corporation
March 9, 2010Hong Kong-based enterprise software and new media firm CDC Corporation announced financial results for the fourth quarter and year ended December 31, 2009, and stated total revenue in the quarter was USD83.0 million, compared to USD76.6 million in the third quarter of 2009.
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Chinese Internet Game Firm Expects Greater Revenue Growth
July 21, 2009CDC Corporation's Chinese subsidiary CDC Games has issued a statement that it expects to double its revenue from the first quarter of 2009.
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China's CDC Games To Change COO
May 8, 2009An insider from CDC Games, a business unit of CDC Corporation and a publisher and operator of online games in China, has confirmed with local media that the company will implement personnel changes soon; Xuan Wenhao, chief operating officer of CDC Games, will depart from his position, replaced by Sun Jingqing, general manager of the [...]
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CDC Corporation Posts Net Loss From Continuing Operations In China
April 21, 2009China-based CDC Corporation has just released its financial figures for the fourth quarter and year ended December 31, 2008, showing total annual revenue of USD409.1 million, an increase of 4% from USD394 million in 2007.
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CDC Corporation's Overall Revenue Gains, Software Revenue Dips
November 7, 2008CDC Corporation (CHINA), a hodgepodge of Internet and software businesses operating in China and and around the world, announced financial results for the third quarter of 2008 and said total revenue from continuing operations was USD103.8 million in the quarter, a modest 5% increase compared to USD98.4 million in the third quarter of 2007.
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CDC Corporation Reports Quarterly Results
August 8, 2008China's CDC Corporation (CHINA), which owns China.com and CDC Games, announced its financial results for the second quarter of 2008 and said total revenue from continuing operations for the period ended June 30, 2008 was USD111.0 million.
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CDC Corporation's Net Loss, China.com Stumbles Along
May 22, 2008CDC Corporation (CHINA), the holding company for entities such as China.com and CDC Software, announced its financial results for the first quarter of 2008 ended March 31, 2008 and said net loss from continuing operations was US$11.6 million, compared to a gain of US$1.4 million in the first quarter of 2007.
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CDC Corporation Issues 2007 Annual Results
April 30, 2008CDC Corporation (CHINA) has finally blessed investors with its financial results for the fourth quarter and year-ended December 31, 2007.
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CDC Games Launches New Yulgang Game Version
April 11, 2008CDC Corporation's (CHINA) CDC Game says it has commercially launched Yulgang 2.0, its massive multiplayer online role-playing game, in China.
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The9 Gives Chen Xiaowei President Position
March 27, 2008Chinese gaming company The9 (NCTY) has confirmed that Chen Xiaowei, former head of China.com, will be the new president of the company, effective May 16, 2008.
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CDC Games Signs Agreement With SK Telecom For Games In China
March 10, 2008CDC Corporation's (CHINA) subsidiary CDC Games has licensed "Digimon RPG" and "Digimon RPG2" from SK Telecom for distribution in China and North America.
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CDC Games Finally Resolves Mgame Spat
March 6, 2008CDC Corporation's (CHINA) subsidiary CDC Games announced a comprehensive settlement of its legal disputes and the end of all outstanding litigation with Mgame.
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Japan New Focus For China's CDC Games
February 5, 2008CDC Games, a business unit of CDC Corporation (CHINA), has increased its investment in BBMF Group, a 3G content provider in Japan.
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CDC Games Promotes Huen To COO
January 25, 2008CDC Games, a business unit of CDC Corporation (CHINA), has announced the promotion of John Huen to chief operating officer of CDC Games.
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Top China Tech News For 2007
January 2, 2008By Perry Wu While many media outlets publish their annual re-cap lists a couple weeks before the end of the year, I like the idea of waiting for the year to end, then digesting it, before creating a list.
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CDC Games Kisses, Makes Up With Mgame
October 29, 2007Following a week of exchanges in the media that resembled two children fighting over the controls to a game, CDC Games, a business unit of CDC Corporation (CHINA), says its CEO, Peter Yip, met with Mgame's CEO, Yi-Hyung Kweon, in Seoul to discuss their differences over the operation of the online game Yulgang by CDC [...]
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New CDC Software SaaS Joint Venture With FlexSystem
October 26, 2007CDC Software, a subsidiary of CDC Corporation (CHINA), has signed a binding term sheet to form a joint venture with FlexSystem Limited.
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Longoria Takes CDC Games International Position
October 22, 2007CDC Games, a subsidiary of CDC Corporation (CHINA), says that Jeffrey Longoria has been appointed as president of CDC Games International.
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Second Lawsuit Filed Against Korean Game Company
October 22, 2007CDC Games, a subsidiary of CDC Corporation (CHINA), has filed a lawsuit in Korea against Mgame, the developer of the "Yulgang" online game.
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CDC Games Sues Mgame For Not Fighting Hackers
October 18, 2007CDC Games, a subsidiary of CDC Corporation (CHINA), says it's not getting enough help from its friends and has filed a lawsuit in Hong Kong against Mgame, the developer of the online game "Yulgang".
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CDC Games Expands Online Gaming Partnership With Sonokong
October 15, 2007CDC Games, a business unit of CDC Corporation (CHINA), has announced the signing of an agreement to expand their business partnership with Korea's Sonokong.
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CDC Games Shines With New Online Game
September 25, 2007CDC Games has launched the Korea-based Shine Online in China.
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Alliance To Protect Chinese Game Industry From Piracy
September 14, 2007CDC Corporation's (CHINA) gaming subsidiary CDC Games has started the Online Games Alliance Against Piracy to fight the piracy of online games in China.
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CDC Corporation Posts Quarterly Loss, China.com Drops Revenue
September 7, 2007CDC Corporation's (CHINA) financial results for the second quarter for the period ending June 30, 2007 show net loss was US$3.2 million, compared to net income of US$8.0 million in the same period last year.
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Chinese Gaming Companies Make New Deals
September 5, 2007In unrelated announcements, Shanda (SNDA) and CDC Games, two of China's leading online gaming firms, have issued statements of new developments.
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CDC Games International To Publish Global Online Games
August 23, 2007CDC Games, a business unit of CDC Corporation (CHINA), has created a new subsidiary called CDC Games International to launch new games internationally and to position CDC Games as a global publisher of online games.
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CDC Games Invests in Chinese Company
August 15, 2007CDC Games, a subsidiary of CDC Corporation (CHINA), says it is investing an undisclosed sum of money in Xiakexing Network Technologies Company.
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CDC Corporation Thankfully Lessens Investor Burden
July 16, 2007By Perry Wu Over the years, the company formally known as Chinadotcom and now named CDC Corporation (CHINA) has been a punching bag for me. In many ways it illustrated the oddities of Asian business practices with bloated internal structures, missing executives, ironic merges, worrisome tender offers, and unclear business scope. But with the company's [...]
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CDC Files To Spin-Off Game Subsidiary
July 16, 2007CDC Corporation (CHINA) has finally filed plans with the Securities and Exchange Commission in the United States for an initial public offering of its online games subsidiary.
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