Blizzard – Developer joins Valve in lawsuit against China copycats

According to China Times, Blizzard Entertainment has joined Valve in the lawsuit against Chinese companies, developer Lilith Games and publisher Longtu Game over the immensely popular mobile game, 刀塔传奇 (or DOT Arena in Southeast Asia). Infringed materials include the “刀塔”…

NCsoft – Latest financial results paint grim picture for declining WildStar

NCsoft has just released its financial results for the first quarter of 2015, and things are not looking too rosy for the English-only online game, WildStar. Basically, sales of the game plunged more than 50% compared to the previous quarter,…

Valve – Gaming giant sues developer of Legend of DOTA mobile game

According to reports, Valve Corporation, the IP owner of DOTA 2, has sued Chinese developer Lilith Games and publisher Longtu Game through a court in Haidian District, Beijing. This court case is due to the likeliness of several characters from DOTA…

Nintendo – Five mobile games to be released by March 2017

If you did not know, Nintendo recently signed a deal with mobile games studio, DeNa, to develop and publish mobile games based on Nintendo’s IP. As the gaming giant prepares for its entry into the $30 billion USD mobile games market, it…

Heroes of Newerth – Garena acquires MOBA development team

[Source] Garena, the number one eSports platform and MOBA publisher in Southeast Asia, has acquired the entire Heroes of Newerth development team and established a brand new studio in the US, Frostburn Studios. Garena is currently the publisher of Heroes…

SEGA – Studio donating revenues to aid Nepal earthquake recovery

SEGA recently announced that it will donate all the revenue from a collection of in-game purchases to recovery efforts stemming from the recent earthquake in Nepal. Four games will be involved, including Phantasy Star Online 2, Puyo Puyo!! Quest, Chain…

Riot Games – Preview photos of new campus headquarters in Los Angeles

A couple of years back, Riot Games announced that the headquarters in Santa Monica, North America will be moving to a new and much bigger location, with a campus of its own. The League of Legends developer has started moving…

Tencent – China giant tops ranking list for 2014 global game revenues again

According to the latest report from research firm Newzoo, Tencent is once again at the top of the global game revenues ranking list for 2014, successfully defending its crown from 2013. The China giant has minimal influence in the West,…

gumi – Embezzlement case in South Korea confirmed by mobile studio

First announced back in March, an internal investigation was carried out to confirm the findings of a possible embezzlement. gumi has since released an official statement from its Japan headquarters, and will proceed to file a police report against the…

Nexon – Gaming giant purchases studio behind Darkness Reborn

Nexon Corporation, currently trading in the Tokyo Stock Exchange (3659.TO), just announced that its subsidiary, Nexon Korea, has entered into a definitive agreement to acquire all outstanding shares of mobile games developer Boolean Games. Terms and details of the transaction were not…

NCsoft – CEO extends office term for three years as Nexon looks on

A few days back, NCsoft held a shareholder meeting, and founder Kim Taek-jin’s term as CEO was extended for another three years. Nexon, NCsoft’s largest shareholder, had Executive Director Kim Jung-wook, and Chief Financial Officer Han Kyung-taek in attendance. This is the first time…

gumi – Brave Frontier publisher to lay off around 100 employees

Just around four months after an IPO which raised hundreds and millions of dollars, mobile games studio gumi has taken a dramatic turn in fortunes. The company announced plans to lay off about 11 percent (around 100) of its employees and that it…

gumi – South Korea office under investigation for embezzling funds

According to the head office in Japan, gumi has confirmed that the South Korea office is under internal investigation for embezzling more than USD 300,000 in company funds. Reports first pointed the finger at the South Korea office’s chairman, but gumi…

Tencent – Record year for IT giant in 2014 with USD 4 billion profits

When I first started researching the China market, a colleague joked with me about Tencent, claiming the company might just worth ten cents since it is from China. Today, Tencent announced that its profits increased 53% in 2014 from 2013 (year…