Hoping to ride the recent wave of investor-induced game mania in China, CDC Corporation (CHINA) has announced that its 81%-owned subsidiary, China.com Inc. has formed a wholly-owned subsidiary, CDC Games Limited, to hold all of its assets and strategic alliances related to online games which the company continues to negotiate and build.

The key current assets include its stake in massively multiplayer online role-playing game provider Beijing 17game Network Technology Company and, upon completion, its ownership in Gametea, a leading online casual games platform.

Once the Gametea transaction is completed, the combined platform of CDC Games will have a registered user base of close to 21 million with meaningful cross marketing and platform sharing benefits covering both MMORPG and casual games.

LEAVE A REPLY

Please enter your comment!
Please enter your name here