The Digital Source For China's Tech Innovation Since 2000

Search
Close

Tencent To Operate New South Korean Online Game In China

May 19, 2011
Internet

Chinese Internet company Tencent has gained the rights to operate Blade & Soul, a new online game developed by the South Korean company NCsoft, on the Chinese mainland.

Ren Yuxin, president for Tencent's game division, told local media that the two companies will have more cooperation in the future. Apart from product cooperation, they will share experience in product development and marketing.

Founded in 1997 in Seoul, South Korea, NCsoft is home to many industry-leading online games, including Aion, Lineage, and City of Heroes Guild Wars. In 2010, the company made operating revenue of KRW649.7 billion, ranking second in all South Korean game companies. A South Korean securities institution previously predicted that Blade & Soul is expected to contribute over 20% to NCsoft's revenue in the new fiscal year. Prior to the cooperation with Tencent, NCsoft has formed partnerships with many Chinese online game operators, including Sina.com, The9, and Shanda.

Statistics provided by third parties show that Tencent is the online game company with the largest market share in China. According to its latest financial report, the company's revenue from the game sector was CNY3.573 billion in the first quarter of 2011.

Tags: Internet game | Korea | NCsoft | online game | QQ | Shanda | Sina | South Korea | statistics | Tencent | The9

Other Related News:

China sets 3-hour weekly limit on online gaming for minors

August 31, 2021

Sohu.com Plans Chinese Web Browser

December 9, 2008

Baidu Launches New Blog Service

June 27, 2006

Chinese in Ukraine advised to not display China flags amid pro-Russia Chinese social media, news stories

March 1, 2022

China slows game approvals: sources

September 17, 2021

In China, Luxury Must Bridge Digital and Physical Like Never Before

November 23, 2021

Finet Acquires Chinese Online Game Company

May 17, 2007

China almost completely bans online games for teenagers Market Research Telecast

August 31, 2021

Central Telecom Enterprises Will Implement New Accounting Principles In 2008

November 21, 2006
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....