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Chinese game firm Electronic Soul accelerates overseas expansion by integrating superior resources
Chinese game developer and publisher Hangzhou Electronic Soul Network Technology Co., Ltd. (Electronic Soul, 603258.SH) announced on May 28 that it planned to purchase the remaining 20 percent shares of Xiamen Youdong Network Technology Co., Ltd. (Youdong Network), another Chinese game developer and operator, with 126 million yuan to integrate superior resources to go global at a faster speed, reported Securities Daily.
May31,2022
Chinese entertainment firm Perfect World to sell two overseas subsidiaries to Swedish game firm Embracer
Perfect World Europe B.V. (PWE B.V.), a wholly-owned subsidiary of Chinese entertainment firm Perfect World Co., Ltd. (002624.SZ), has inked an agreement with Swedish game developer and publisher Embracer Group AB (Embracer) to sell two of its overseas subsidiaries to Embracer, reported Shanghai Securities News Wednesday quoting the company.
December23,2021
Chinese games market sees steady growth in H1
The Chinese gaming industry saw impressive business growth in domestic markets in the first half of the year, an industry report showed Thursday.
August03,2018
China game sales up 23 pct in 2017
China's games market reported strong growth last year as gaming is becoming an important form of entertainment, particularly among the young.
January12,2018
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